We have secured five United States patents and have pending
applications for five United States patents and seven foreign patents. Two
of the United States issued patents have been assigned for a fee to Celgene
Corporation for the pulsed released delivery of methylphenidate.
The pending patent applications relate to four different
control release pharmaceutical products on which we are working. Included
among these patent applications are applications for the U.S. patents relating
to formulations for delayed and sustained release of drugs. In addition,
an application for a U.S. patent for a narcotic antagonist product that we are
developing to be used with Oxycodone and other narcotics to minimize the abuse
potential for the narcotics was filed.