Knight Partners with Debiopharm for the Commercialization of Trelstar® in Canada

MONTREAL, CANADA and LAUSANNE, SWITZERLAND (ots) - Knight Therapeutics Inc.,
(TSX: GUD) ("Knight") a pan-American (ex-USA) specialty pharmaceutical company
and Debiopharm, a swiss-based, global biopharmaceutical company, today announced
that they have entered into an exclusive agreement that grants Knight the rights
to commercialize Trelstar® (triptorelin) in Canada. Knight expects to take over
commercial activities from Debiopharm's current partner Allergan and begin
recording revenues in early 2020. Previously, Trelstar® was successfully
launched and commercialized in Canada by Paladin Labs Inc. between 2006 to 2014.

"I am excited to partner again with Debiopharm for Trelstar®" said Jonathan Ross
Goodman, Chief Executive Officer of Knight. "Given our team's successful history
in launching and building Trelstar® in Canada and our focus on expanding
Knight's oncology portfolio, we are well positioned to re-launch Trelstar®."

"Given the Knight team's previous great success with Trelstar®, we believe
Knight is the right Canadian partner" said Thierry Mauvernay, President &
Delegate of the Board, Debiopharm. "We're excited for Knight to take on the
commercialization, reenergizing Trelstar®. The product became a treatment of
reference in prostate cancer in Canada under the leadership of the current
Knight team when they were at Paladin. The product is among the leading prostate
cancer treatment options, with a proven efficacy and safety profile."

About Trelstar® (triptorelin)

Trelstar® (triptorelin) is an agonist analogue of the natural
gonadotropin-releasing hormone (GnRH). Debiopharm has developed three
sustained-release formulations (1, 3 and 6 months) of triptorelin pamoate. First
registered in France in 1986, triptorelin is currently marketed in more than 80
countries and is market leader in many territories worldwide. In Canada,
triptorelin is registered for Prostate Cancer as Trelstar® and was first
approved in 1999 for the palliative treatment of hormone dependent advanced
carcinoma of the prostate gland and the management and relief of chronic pain
associated with endometriosis.

About Knight Therapeutics Inc.

Knight Therapeutics Inc., headquartered in Montreal, Canada, is a specialty
pharmaceutical company focused on acquiring or in-licensing and commercializing
innovative pharmaceutical products for the Canadian and select international
markets. Knight Therapeutics Inc.'s shares trade on TSX under the symbol GUD.
For more information about Knight Therapeutics Inc., please visit the company's
web site at www.gud-knight.com or www.sedar.com.

Forward-Looking Statement

This document contains forward-looking statements for Knight Therapeutics Inc.
and its subsidiaries. These forward-looking statements, by their nature,
necessarily involve risks and uncertainties that could cause actual results to
differ materially from those contemplated by the forward-looking statements.
Knight Therapeutics Inc. considers the assumptions on which these
forward-looking statements are based to be reasonable at the time they were
prepared, but cautions the reader that these assumptions regarding future
events, many of which are beyond the control of Knight Therapeutics Inc. and its
subsidiaries, may ultimately prove to be incorrect. Factors and risks, which
could cause actual results to differ materially from current expectations are
discussed in Knight Therapeutics Inc.'s Annual Report and in Knight Therapeutics
Inc.'s Annual Information Form for the year ended December 31, 2018. Knight
Therapeutics Inc. disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information or future
events, except as required by law.

About Debiopharm

Debiopharm aims to develop innovative therapies that target high unmet medical
needs in oncology and bacterial infections. Bridging the gap between disruptive
discovery products and real-world patient reach, they identify high-potential
compounds for in-licensing, clinically demonstrate their safety and efficacy and
then select large pharmaceutical commercialization partners to maximize patient
access globally.

Visit us www.debiopharm.com/

Follow us @DebiopharmNews at http://twitter.com/DebiopharmNews

Pressekontakt:

Knight Therapeutics Inc.
Samira Sakhia
President and Chief Financial Officer
T: 514-678-8930
F: 514-481-4116
info@gudknight.com
www.gudknight.com

Debiopharm
Dawn Haughton - Communication Manager
dawn.haughton@debiopharm.com
Tel: +41 (0)21 321 01 11 1

Additional content: https://www.presseportal.de/pm/121610/4486671
OTS: Debiopharm International SA

Original-Content von: Debiopharm International SA, übermittelt durch news aktuell