Exhibit 99.1
January 23, 2017
U.S. Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
| Attn: | Ms. Sasha Parikh |
Ms. Lisa Vanjoske
Ms. Jill Davis
| Re: | ObsEva SA |
Registration Statement on FormF-1
FileNo. 333-215383
Ladies and Gentlemen:
The undersigned, ObsEva SA (the “Company”), is filing this Exhibit 99.1 to the Company’s Registration Statement on FormF-1(File No. 333-215383) pursuant to Instruction 2 to Item 8.A.4 of Form20-F in accordance with a letter received from the staff of the Securities and Exchange Commission dated January 12, 2017. The Company represents to the Commission that:
1. The Company is not currently a public reporting company in any other jurisdiction.
2. The Company is not required by any jurisdiction outside the United States to prepare, and has not prepared, financial statements audited under any generally accepted auditing standards for any interim period.
3. Compliance with Item 8.A.4 is impracticable and involves undue hardship for the Company.
4. The Company does not anticipate that its audited financial statements for the year ended December 31, 2016 will be available until March 2017.
5. In no event will the Company seek effectiveness of the Registration Statement on FormF-1 if its audited financial statements are older than 15 months at the time of the offering.
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| Very truly yours, | ||
| OBSEVA SA | ||
| By: | /s/ Ernest Loumaye | |
| Ernest Loumaye | ||
| Chief Executive Officer | ||