Press Release: Basilea reports strong financial -2-

The board of directors has nominated Domenico Scala (chairman), Leonard Kruimer, Dr. Martin Nicklasson, Dr. Nicole Onetto and Dr. Thomas Werner for re-election as board members. After 14 years of serving on the board of directors, Steven Skolsky has decided not to stand for re-election. The board has nominated Dr. Carole Sable for election as a new board member. The board of directors will continue to be composed of six members.

Conference call and webcast

Basilea Pharmaceutica Ltd will host a conference call and webcast today, Tuesday, February 14, 2023, at 4 p.m. (CET), to discuss the company's financial and operating results and to provide an outlook.

Via audio webcast with presentation

The live audio webcast of the results presentation can be followed here: https://media.choruscall.eu/mediaframe/webcast.html?webcastid=rK4oAHzj. Please note that there is no function to ask questions via webcast. For questions, please additionally dial-in via phone (see below).

Via phone

To listen by phone and ask questions, please use the dial-in details below. To ensure prompt access, please call approximately five minutes prior to the scheduled start of the call.

+41 (0) 58 310 5000 (Europe and Rest of World)

+1 (1) 866 291 4166 (USA)

+44 (0) 207 107 0613 (U.K.)

Replay

The webcast, along with the presentation will be available online https://www.globenewswire.com/Tracker?data=OL60BVkTN-OJARlDR23VOUzgeVmzXYeP8FiPE3DZReZvj3Sj8iRTzUNOSghf06iyJ4LeS4GhGHd5m99LkUwWM_sPP74V8-CB9iJagSMIU5p9ycBE3W26-q073pQqPLP0SXuAaQ2CTSVzCECKhIdW4Q== shortly after the event and accessible for three months.

About Basilea

Basilea is a commercial-stage biopharmaceutical company founded in 2000 and headquartered in Switzerland. We are committed to discovering, developing and commercializing innovative drugs to meet the needs of patients with severe bacterial or fungal infections. We have successfully launched two hospital brands, Cresemba for the treatment of invasive fungal infections and Zevtera for the treatment of bacterial infections. In addition, we have several preclinical anti-infective assets in our portfolio. Basilea is listed on the SIX Swiss Exchange (SIX: BSLN). Please visit basilea.com https://www.globenewswire.com/Tracker?data=6q9_SoE1aRGEv8hNVgyq8OW6WQsXRtDIyDrvEe3A6kScUH0qwEEP1XDsng6KluEVMoYVxa9wP-1Sk40eznnIpA==.

Disclaimer

This communication expressly or implicitly contains certain forward-looking statements, such as "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions concerning Basilea Pharmaceutica Ltd and its business, including with respect to the progress, timing and completion of research, development and clinical studies for product candidates. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

For further information, please contact:

Peer Nils Schröder, PhD

Head of Corporate Communications & Investor Relations

Basilea Pharmaceutica International Ltd, Allschwil

Hegenheimermattweg 167b

4123 Allschwil

Switzerland

Phone +41 61 606 1102

E-mail media_relations@basilea.com

investor_relations@basilea.com

This ad hoc announcement can be downloaded from www.basilea.com.

References

1. Basilea's ceftobiprole phase 3 program is funded in part (up to USD 136.4

million, which is approximately 70% of the total potential program costs)

with federal funds from the US Department of Health and Human Services;

Administration for Strategic Preparedness and Response; Biomedical

Advanced Research and Development Authority (BARDA), under contract

number HHSO100201600002C.

Attachment

-- Press release (PDF)

https://ml-eu.globenewswire.com/Resource/Download/5867f5f6-6f17-4c53-b9f2-37b43cb3a680

(END) Dow Jones Newswires

February 14, 2023 01:15 ET (06:15 GMT)