Oasmia Pharmaceutical AB Announces Resignation of

Uppsala, Sweden, 2017-10-04 08:30 CEST (GLOBE NEWSWIRE) -- Oasmia Pharmaceutical AB (NASDAQ: OASM), a developer of a new generation of drugs within human and veterinary oncology has announced that the Company’s Chief Financial Officer, Fredrik Gynnerstedt, has decided in mutual agreement with the Company to end his employment, effective immediately.

In the interim, Oasmia appoints Anders Blom, Executive Vice President as temporary CFO.

About Oasmia Pharmaceutical AB

Oasmia Pharmaceutical AB develops, manufactures, markets and sells new generations of drugs in the field of human and veterinary oncology. The company’s product development aims to create and manufacture novel nanoparticle formulations and drug-delivery systems based on well-established cytostatics which, in comparison with current alternatives, show improved properties, reduced side-effects, and expanded applications. The company’s product development is based on its proprietary in-house research and company patents. Oasmia is listed on NASDAQ Capital Markets (OASM.US), Frankfurt Stock Exchange (OMAX.GR, ISIN SE0000722365) and NASDAQ Stockholm (OASM.ST).

         For more information, please contact:          Julian Aleksov, Executive Chairman          Tel : +4618 - 50 54 40          E-mail: julian.aleksov@oasmia.com