Sunstone Life Science Fund II portfolio company Orpahzyme, announces its intention to launch an Initial Public Offering (“IPO” or “Offering”) of its shares and to apply for admission to trading and official listing on Nasdaq Copenhagen. The intended IPO is expected to consist of an issue of new shares to raise gross proceeds of approximately DKK 600 million to support the Company’s strategy by primarily funding on-going and planned clinical trials within four orphan diseases. The total offer size will be announced in connection with the publication of a prospectus by the Company.

For full text of the announcement, please refer to www.orphazyme.com