Aug 31 (Reuters) - KNIGHT THERAPEUTICS Inc GUD.TO :
* Co and medison biotech announced collaboration to bring treatments to
patients in Canada, Israel, Romania
* Says upon the closing of the transaction, each company will become a
significant shareholder of the other
* Knight will hold 28.3% equity interest in medison valued at $80 million in
exchange for about a 10% equity interest in Knight
* Up to an additional 660,000 Knight shares could be issued if medison meets
certain financial targets over the next two years
* Says jonathan ross goodman, president and CEO of Knight, will join medison's
board of directors
* Says meir jakobsohn, founder and CEO of medison, will join the Knight board
of directors
* Source text for Eikon ID:nMKWFNXBja
* Further company coverage GUD.TO