Transition Therapeutics Ireland signs agreement for investigator-led TT701 Phase 2 clinical study

Transition Therapeutics Inc. ("Transition" or the "Company") (NASDAQ: TTHI, TSX: TTH) announced today that Transition Therapeutics Ireland Limited ("TTIL") has entered into an agreement for an investigator-led clinical study of drug candidate, TT701, with Brigham and Women's Hospital (BWH). TTIL will support a Phase 2 study to evaluate selective androgen receptor modulator (SARM) drug candidate TT701 as a therapy to improve the symptoms of androgen deficiency in men with prostate cancer who have undergone a radical prostatectomy procedure. The Phase 2 clinical study is expected to enroll up to 125 subjects and will be performed at selected specialized clinical sites including BWH. The principal investigator for the Phase 2 study will be Dr. Shalender Bhasin, Director of the Research Program in Men's Health: Aging and Metabolism at BWH and an internationally recognized endocrinologist with expertise in testosterone biology and men's aging.

"Improved survival of men with prostate cancer has focused attention on the high prevalence and adverse effects of the distressing symptoms of androgen deficiency – sexual dysfunction, fatigue, and physical dysfunction - on the quality of life of prostate cancer survivors," said Dr. Bhasin, "This trial offers the opportunity to potentially improve the lives of men with a history of prostate cancer, who experience these bothersome symptoms of androgen deficiency after prostate surgery."

"We are extremely pleased to work together with BWH and Dr. Shalender Bhasin on the development of the TT701 drug candidate. BWH is a world-class center for clinical research with renowned physician-investigators, biomedical scientists and faculty. Dr. Bhasin's expertise in the field of androgen deficiency is well-known and his leadership of the TT701 Phase 2 study underscores the importance to finding therapies to aid these individuals and their challenging symptoms," said Dr. Tony Cruz, Chairman and Chief Executive Officer of Transition.

The Phase 2 study is scheduled to commence in calendar Q4 2015.

SOURCE Transition Therapeutics Inc.