Biotech Values

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We are reimbursed at cost for any fulltime
equivalent employee expenses as well as any external costs incurred in the development of products to the extent development costs are
born by Sandoz AG. Sandoz AG is responsible for funding all of the legal expenses incurred under the 2006 Collaboration; however a portion of
certain legal expenses will be offset against the profit-sharing amounts in proportion to our profit sharing interest. The parties will share profits
in varying proportions, depending on the product.