North End Cyclery Ltd.

3104 ARCTIC AVE
VIRGINIA BEACH, VA 23451

eric@northendbikes.com

Aradigm fourth quarter revenue is $144.

The reduction in revenue was due to the fact that income from milestone and advancement payments received through the collaboration with United Therapeutics Corporation and previously documented as deferred income were recognized in ’09 2009 as revenue upon the termination of the collaboration. Revenues in 2010 2010 represented milestone and royalty payments from Zogenix, Inc. Total operating expenses in 2010 2010 were $14.7 million, compared with total operating expenses of $18.3 million in 2009 2009. Research and development expenses decreased by $1.2 million, general and administrative expenses reduced by $0.5 million, and restructuring and asset impairment expenses reduced by $1.8 million. The decrease in research and development expenses and generally and administrative expenditures was consistent with the Company’s ongoing expense reduction attempts, including reductions in headcount and other operating expenses, even while the total direct cost of the clinical trials associated with the Company’s lead item candidates, ARD-3100 and ARD-3150 , increased significantly between 2009 and 2010 due to the ORBIT-2 and ORBIT-1 bronchiectasis clinical trials.Targacept has retained a choice for a co-advertising of TC-5214 to a restricted target physician target audience in america. Effectiveness of the contract is normally contingent on expiration or termination of the waiting around period beneath the Hart-Scott-Rodino Antitrust Improvements Take action. AstraZeneca and Targacept will jointly style a worldwide phase III clinical program anticipated to start in mid 2010 with the purpose of filing a fresh drug software with the united states Food and Medication Administration in 2012.