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This news release may contain forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results differ materially from those expressed or implied , in such forward-looking statements, including the following limited to, the following: the ability of the company enough capital its planned activities including completing development of its to finance Ceragenin technology to meet the company’s ability to fulfill its obligations under the supply and distribution agreement with Dr. Reddy’s Laboratories, including sufficient working capital to orders by the deadlines fulfill the agreement required, the ability of the Company ‘s outstanding convertible receipt of required Notes; receipt of required regulatory approval permits the U.S. Food and Drug Administration , successful clinical trials the Company proposed products, including the ability to The studies enrolled a timely patient compliance with the study protocol , and a sufficient number of patients who completed the trials, the company’s ability to commercialize its planned products, the Company’s ability to successfully manufacture its products in commercial quantities , market acceptance of the Company’s planned products, the Company’s ability to successfully develop of the licensed compounds, alone or in cooperation with others, into commercial products, the Company’s ability to successfully track and protect its intellectual property, general economic conditions in the United States and elsewhere, and the company’s ability to hire, manage and retain qualified employees. The aforementioned factors do represent an all inclusive list. Actual results, performance or achievements to differ materially from those contemplated, expressed or implied by the forward-looking statements in this release are included. Especially important factors may lead, and Exchange Commission, to differ materially from our forward-looking statements , including general economic factors, business strategies, the state of the capital markets, regulatory conditions and other factors not presently known to us, may be significant, now or could in the future, and the factors that which may influence us in this press release to a greater extent than indicated. All forward-looking statements attributable to us or agent of the Company are expressly 10 in their entirety by the cautionary statements on this press release and in other documents that qualifies set we file from time to time with the Securities and Exchange Commission, including its Annual Report -K for the-K for the year ended 31 December 2007, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed in 2009. Required by law, required by law, we do not assume update forward-looking update forward-looking statements, whether as a result of new information, future events or otherwise.

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