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AmpliPhi Biosciences Corporation 3579 Valley Centre Drive, Suite 100 San Diego, CA 92130 Press Release AmpliPhi Biosciences Reports First Quarter 2016 Financial Results and Provides Corporate Update San Diego

Key Takeaway: AmpliPhi Biosciences Corporation 3579 Valley Centre Drive, Suite 100 San Diego, CA 92130 Press Release AmpliPhi Biosciences Reports First Quarter 2016 Financial Results and Provides Corporate Update May 12, 2016 - AmpliPhi Biosciences Corporation (NYSEMKT: APHB), a global l

Full Press Release Details

AmpliPhi Biosciences Corporation 3579 Valley Centre Drive, Suite 100 San Diego, CA 92130
Press Release
AmpliPhi Biosciences Reports First Quarter
2016 Financial Results and
Provides Corporate Update
May 12, 2016 - AmpliPhi Biosciences Corporation (NYSEMKT: APHB), a global leader in the development of bacteriophage-based
antibacterial therapies to treat drug-resistant infections, today announced its financial results for the first quarter ended March
"We have made significant progress in 2016, effectively
executing on our clinical development and business strategies," said M. Scott Salka, CEO of AmpliPhi Biosciences. "We
acquired additional bacteriophage assets, presented in vitro data for AB-PA01 for Pseudomonas aeruginosa, dosed our
first patient and successfully completed the first cohort in our Phase I clinical trial of AB-SA01 for the treatment of Staphylococcus
aureus infections in patients with chronic rhinosinusitis. We also saw our outstanding Series B Preferred stock be converted
to Common, thereby streamlining our capital structure."
Highlights Demonstrate Progress in R&D, Governance, and
First Quarter 2016 Financial Results:
For more information, visit www.ampliphibio.com.
AmpliPhi Biosciences Corporation 3579 Valley Centre Drive, Suite 100 San Diego, CA 92130
Press Release
Conference Call Details
AmpliPhi Biosciences will host a conference call and webcast
to discuss its first quarter 2016 financial results and provide an update on business activities. The event will be held tomorrow,
May 13, 2016, at 8:30 a.m. Eastern Time (ET). The live event can be accessed through AmpliPhi's website at www.ampliphibio.com
under the Events and Presentations section, or by calling 844-745-6357 (US) or 661-378-9813 (outside of the US). The
passcode is 10677209. A replay of the discussion will be available beginning at approximately 11:30 a.m. ET tomorrow on AmpliPhi's
website or by calling 855-859-2056 (US) or 404-537-3406 (outside of the US), using conference ID 10677209.
About AmpliPhi Biosciences
AmpliPhi Biosciences Corporation (NYSE MKT: APHB) is a biotechnology
company focused on the development and commercialization of novel bacteriophage-based antibacterial therapeutics. AmpliPhi's product
development programs target infections that are often resistant to existing antibiotic treatments. AmpliPhi is currently conducting
a Phase I clinical trial of AB-SA01 for the treatment of Staphylococcus aureus in chronic rhinosinusitis patients and expects
to report final data in the second half of 2016. AmpliPhi is also developing bacteriophage therapeutics targeting Pseudomonas
aeruginosa and Clostridium difficile in collaboration with a number of leading organizations focused on the advancement
of bacteriophage-based therapies.
Bacteriophage are naturally occurring viruses that are highly
specific for the bacterial hosts they infect. They can rapidly kill their host, amplifying themselves in the process. Bacteriophage
are unaffected by antibiotic resistance and are able to disrupt bacterial biofilms. Such biofilms are a major line of defense for
bacteria, contributing to antibiotic resistance. Bacteriophage are able to penetrate biofilms and replicate locally to high levels,
to produce strong local therapeutic effects.
Forward Looking Statements
Statements in this press release that are not statements of
historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include, without limitation, statements about the value of AmpliPhi's bacteriophage assets, AmpliPhi's
ability to form collaborations and access technologies, the timing of reporting of data from clinical trials, the sufficiency of
cash to fund future operations, the anticipated advancement of AmpliPhi's pre-clinical and clinical
pipelines in 2016, the potential use of bacteriophages to treat bacterial infections, including infections that do not respond
to antibiotics, and AmpliPhi's development of bacteriophage-based therapies. Words such as "believe," "anticipate,"
"plan," "expect," "intend," "will," "may," "goal," "potential"
and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements necessarily
contain these identifying words. These forward-looking statements are based upon AmpliPhi's current expectations and involve
a number of risks and uncertainties, including the risks and uncertainties described in AmpliPhi's Annual Report on Form
10-K for the year ended December 31, 2015 filed with the Securities and Exchange Commission (SEC) on March 30, 2016, and Form 10-Q
for the quarter ended March 31, 2016 to be filed with the Securities and Exchange Commission on or about May 12, 2016. Actual results
and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these
risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as
of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement,
and AmpliPhi undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after
the date of this press release.
For further information please contact
Company and Investor relations: Media relations (USA) Media Relations (Europe and ROW)
Matt Dansey AmpliPhi Biosciences +1 858-800-4869 md@ampliphibio.com Danielle Lewis/Glenn Silver Lazar Partners + 1 212-867-1762 ampliphi@lazarpartners.com Gemma Howe/Sue Charles Instinctif Partners +44 (0)20 7866 7860 ampliphi@instinctif.com
Last updated: May 12, 2016