Certain statements in this web site, including statements regarding
the Company's research and development effort and the Company’s
ability to successfully capitalize on the early stage research
are subject to risks and uncertainties. These risks and uncertainties
include risks and uncertainties related to: our ability to discover
and develop new compounds and products using a novel approach
to drug discovery; the early stage of all of our discovery and
development efforts; our ability successfully to complete preclinical
and clinical development of our products; our ability to obtain
and maintain regulatory approvals for our products; competition
from other technologies and technologies similar to ours; obtaining,
maintaining and protecting intellectual property utilized by our
products; changes in legislation and regulations affecting our
products and potential product candidates; our need to obtain
additional funding to support our business activities; our dependence
on collaborators and other third parties for development, manufacture,
marketing, sales and distribution of products; the ability of
our licenses to achieve developmental, regulatory and other milestones
and to commercialize their products; the effect of conditions
in the pharmaceutical industry and the economy in general, as
well as certain other risks and uncertainties.