Transparency of Analyst's Performance and Compensation for Product and Services Disclosures

Scimitar Equity, LLC, Inc (Scimitar) is a publisher of investment equity research utilizing the "sponsored" or "paid-for" compensation model to increase visibility and access for the health science sector specific companies. Scimitar receives compensation for research coverage services. These reviews and updates display statements of "sponsorship" to maximize transparency standards in analyst certification. Scimitar makes publicly available an excel format statement of yearly payments by covered companies.

Under the Research Analyst Settlement, Scimitar makes publicly available (downloadable excel format), no later than 60 days after the conclusion of each quarter (beginning calendar year January 2008), the following information, in any research report (including any research review or industry sector reviews) prepared and furnished by Scimitar and will include; subject company, names(s) of analyst(s) responsible for certification of the report pursuant to Regulation AC, date of report, rating, price target, period within which the price target is to be achieved, earnings per share forecast(s) for the current quarter, the next quarter and the current full year, indicating the period(s) for which such forecast(s) are applicable and definition/explanation of ratings used by the firm. The data is provided in an Excel format.