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Bavarian Nordic Announces New Major Shareholder from the USA

KVISTGAARD, Denmark, July 13, 2012 - Bavarian Nordic A/S (OMX: BAVA) announced today that the company has received information that OrbiMed Advisors LLC indirectly hold more than 5 % of the shares and voting rights in Bavarian Nordic A/S.

OrbiMed Advisors LLC has informed that they indirectly hold 1,394,829 shares, corresponding to 5.35 % of the total share capital and voting rights in Bavarian Nordic A/S.