LifeCycle Pharma Initiates Phase II Clinical Trial of LCP-Tacro for the Treatment of Autoimmune Hepatitis


Company Announcement no. 01/2008                                                

To: OMX Nordic Exchange			Hørsholm, Denmark, January 2, 2008

    LifeCycle Pharma Initiates Phase II Clinical Trial of LCP-Tacro for the     
                       Treatment of Autoimmune Hepatitis                        
                                                                                
Hørsholm, Denmark, January 02, 2008; LifeCycle Pharma A/S (OMX: LCP) (the       
“Company” or “LCP”), an emerging specialty pharmaceutical company, today        
announced that it has initiated a Phase II clinical trial of LCP-Tacro for the  
treatment of autoimmune hepatitis (“AIH”), also referred to as chronic active   
hepatitis, a disease which causes a person's body to reject its own liver. The  
clinical trial is expected to enroll up to 60 patients in up to 12 centers      
throughout the US and Canada. The Company expects to report top-line clinical   
trial results in the first half of 2009 (1H09).                                 

"We are excited about participating in the first clinical trial of LCP-Tacro in 
patients with autoimmune hepatitis (AIH),” said Gerald Y. Minuk, MD, Professor  
of Medicine & Pharmacology and Head of the Section of Hepatology at the         
University of Manitoba Health Sciences Centre in Winnipeg.  "It's important that
physicians have new options for the management of AIH and we think LCP-Tacro    
could make a real difference in patients' lives."                               

The clinical trial is a phase II, open-label, multi-center, prospective,        
randomized study to evaluate the efficacy, safety and tolerability of LCP-Tacro 
tablets given once daily vs. azathioprine (“AZA”), each in combination with     
prednisone, for the treatment of AIH. Up to 60 patients will be randomized (1:1)
to receive treatment with LCP-Tacro + prednisone vs. AZA + prednisone.          

The Company is pursuing LCP-Tacro for what could be the first FDA-approved drug 
indicated for the treatment of AIH.                                             


About Autoimmune Hepatitis (AIH)                                                
AIH is a form of hepatitis or liver disease in which the body's immune system   
attacks liver cells, causing inflammation and a rejection of one's own liver. If
untreated, the inflammation can lead to cirrhosis (scarring and hardening) of   
the liver and eventually liver failure. AIH mainly affects women with a bimodal 
age distribution (10 - 30 y and 40 - 50 y). However infants, young children and 
older adults are also affected.                                                 


AIH Current Standard of Treatment                                               
AIH is currently treated with corticosteroids (usually prednisone or            
prednisolone) and azathioprine in order to reduce the autoimmune reaction and   
inflammation. Nearly 25% of patients achieve only partial remission with        
standard treatment or cannot tolerate AZA for various reasons. Disease relapse  
is frequent after AZA is withdrawn. Other, newer, immunosuppressive drugs in    
clinical development, such as tacrolimus, are showing promise for people who do 
not respond to this standard treatment.                                         

About LifeCycle Pharma A/S (“LCP”)                                              
LCP is an emerging specialty pharmaceuticals company that, through innovative   
technologies, is able to rapidly develop a portfolio of differentiated products 
to meet the unique needs of key therapeutic markets and patient populations.    
This includes products for immunosuppression, specifically organ                
transplantation, and to combat certain cardiovascular diseases.  By using its   
unique and patented delivery technology, MeltDose®, LCP is able to develop drugs
with enhanced absorption and thereby increased bioavailability. Currently, the  
Company has a diversified near- and medium-term pipeline, including a product   
ready for US commercialization, five product candidates in clinical trials and  
three in preclinical stages of development. LCP is listed on the OMX Nordic     
Exchange under the trading symbol (OMX: LCP). For further information, please   
visit www.lcpharma.com.                                                         

Contact:                                                                        
LifeCycle Pharma A/S                                                            
Michael Wolff Jensen, EVP and CFO 
+45 4074-6244; MWJ@lcpharma.com 

Francesca M. DeMartino                                                          
Director, Investor Relations & Corporate Communications                         
(917) 747-4938; FDM@lcpharma.com

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20080102 - lifecycle pharma announces lcp-aih phase ii clinical trial.pdf