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Capital Formation

For Orchid BioSciences, Inc. (As COO and CFO of the Company)

Date Type of transaction Amount Raised
March '98 Self Managed
Private Placement
$27.5 Million
December '98/’00 Credit Facility $12.0 Million
January '00 Self Managed
Private Placement
$75.0 Million
May '00 IPO $55.2 Million
June '01 Secondary $35.7 Million
February '02 Secondary $22.5 Million

For Tepnel Life Sciences PLC (As Financial Advisor to the Company)

Date Type of transaction Amount Raised
October '03 Private Placement
Equity Line of Credit
Private Placement
$9.0 Million
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