Cosmo Pharmaceuticals N : appoints New CSO; as current CSO retires

Dublin, Ireland - November 26, 2019 - Cosmo Pharmaceuticals N.V. (SIX: COPN) today announced that Luigi Moro, its Chief Scientific Officer, is retiring and that Roberto Camerini MD will assume his responsibilities as of January 1, 2020.

Luigi Moro joined Cosmo in 1999 after a long career in drug development in Farmitalia Carlo Erba, Recordati and Poli Industria Chimica. He led the development of all approved Cosmo products to date, namely Lialda, Uceris, Eleview and Aemcolo; and he also led the development of all Cassiopea products to date. Mr. Moro will continue making his services available as a consultant to Cosmo and will continue being the CSO of Cassiopea.

Roberto Camerini MD joined Cosmo in December 2018. He was formerly Director of Pre-Clinical and Clinical Research and Development at Alfa Wassermann S.p.A. from 2015 to 2018, and Head of Corporate Clinical Research at Sigma Tau S.p.A. Previously he worked for Serono and Abbot.

Mauro Ajani, Executive Chairman of Cosmo said: 'I recruited Luigi when we were but a handful of people. His expertise contributed in an essential fashion to the transformation of Cosmo from a small contract drug manufacturer to a listed specialty pharma company and I will be forever thankful for that. It is great that he is willing to continue making his experience available to the Company. We believe we have found in Roberto Camerini the right successor to lead our product development'.

About Cosmo Pharmaceuticals

Cosmo is a specialty pharmaceutical company focused in treating selected Gastrointestinal Disorders and Endoscopy. The Company's proprietary clinical development pipeline specifically addresses innovative treatments for IBD, Colonic Infections and detection of colonic lesions. Cosmo has also developed medical devices for endoscopy and has recently entered into a partnership with Medtronic for the global distribution of its novel Artificial Intelligence device to be used in coloscopies and GI procedures. Further, Cosmo is the licensee for US of the novel agent for procedural sedation, Remimazolam. For additional information on Cosmo and its products please visit the Company's website: www.cosmopharma.com

Financial calendar / next events

Full-year results 2019 reporting	April 3, 2020
Annual General Meeting	May 28, 2020

Contact:

Niall Donnelly, Chief Financial Officer & Head of Investor Relations

Cosmo Pharmaceuticals N.V.

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