Knight Therapeutics Inc. (TSX: GUD) ("Knight"), a leading pan-American (ex-USA) specialty pharmaceutical company, will release its second quarter 2020 financial results on Thursday, August 13, 2020 prior to market opening. Following the release, Knight will hold a conference call and audio webcast. Knight cordially invites all interested parties to participate in this call.

Knight Therapeutics Inc. (TSX: GUD) and its wholly owned subsidiary 1178991 CANADA INC. ("Knight") today announced the launch of the tender offer and the release of the notice for the tender offer process filed by 1178991 CANADA INC. for the acquisition and delisting of all outstanding Brazilian Depositary Receipts of Biotoscana Investments S.A.

Knight Therapeutics Inc. (TSX:GUD) ("Knight" or the "Company "), a leading pan-American (ex-US) specialty pharmaceutical company, announced today acceptance by the Toronto Stock Exchange (the "TSX") of the Company's Notice of Intention to Make a Normal Course Issuer Bid ("NCIB"). Pursuant to the NCIB, the Company proposes to purchase, from time to time over the next 12 months, if considered advisable, up to 10,856,710 common shares of the Company, being approximately 10% of its public float of 108,567,101 common shares, as of July 6, 2020. As of July 6, 2020, there were a total of 130,938,418 common shares issued and outstanding. Purchases may commence on July 14, 2020 and will conclude on the earlier of the date on which purchases under the bid have been completed and July 13, 2021. The Company may purchase up to a daily maximum of 86,321 Shares (being 25% of the average daily trading volume of 345,284 shares, for the last six calendar months). The common shares may be purchased for cancellation through the facilities of the TSX or through alternative Canadian trading systems at times and in numbers to be determined by the Company. The Company had previously sought and obtained approval from the TSX to purchase up to 12,053,693 common shares under an NCIB and the Company has, in the twelve months preceding this announcement, purchased such 12,053,692 common shares through the facilities of the TSX and alternative Canadian trading systems at a weighted average price per share of $7.14.