Monday, December 27, 2010

Transition Therapeutics Announces Modification of the Collaboration Agreement for ELND005

TORONTO, Dec. 27, 2010 (GLOBE NEWSWIRE) — Transition Therapeutics Inc. (“Transition” or “Company”) (TSX:TTH) (Nasdaq:TTHI) today announced that the Company and Elan Corporation, plc (“Elan”) (NYSE:ELN) have mutually agreed to modify their collaboration agreement for the development and commercialization of ELND005.

Under the terms of the modification, in lieu of a contractually required Phase 3 milestone [...] http://bit.ly/gQvEhW

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