ORION OYJ: GTx ANNOUNCED PHASE III CLINICAL DATA FOR TOREMIFENE CITRATE 80 mg


Orion has been informed that GTx's toremifene citrate 80 mg meets
primary and key endpoints in phase III trial in advanced prostate
cancer patients on androgen deprivation therapy (ADT). Results show a
50 percent reduction in incidence of androgen deprivation induced
osteoporosis related vertebral fractures and it met other key
endpoints, including bone mineral density, lipid profiles, and
gynecomastia.

Based on these findings, GTx plans to file a New Drug Application
(NDA) with the U.S. Food and Drug Administration (FDA) by the summer
of 2008.  In addition, GTx plans to present the full data set at an
upcoming medical meeting.


ABOUT GTx
GTx, headquartered in Memphis, Tenn., is a biopharmaceutical company
dedicated to the discovery, development, and commercialization of
small molecules that selectively target hormone pathways to treat
cancer, osteoporosis and bone loss, muscle wasting and other serious
medical conditions.

GTx licensed from Orion Corporation the rights to toremifene citrate
for all indications worldwide, except breast cancer outside the
United States.


ABOUT ORION
Orion Corporation is dedicated to treating and preventing disease by
discovery and developing innovative medicinal treatments. In 2007,
Orion Corporation generated sales of EUR 683.6 million, invested EUR
97.6 million in research and development and employed approximately
3,180 people. Orion corporate headquarters are in Espoo, Finland.
For more information, please visit:  http://www.orion.fi/english/.


Contact person:
Liisa Hurme, Senior Vice President, Proprietary Products, phone +358
10 426 2874



Orion Corporation


Timo  Lappalainen         Olli Huotari
President and CEO       Senior VP, Corporate Functions



Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo
Homepage: www.orion.fi