While the FDA ultimately determines the course and timing of clinical trials, this timeline represents an estimate as of October 2007 as to when certain research milestones could be achieved in the development of those applications.

The pipeline below is subject to change at any time and is likely to change. Actual results may differ materially. It is provided for information purposes only. Investment decisions should not be made based on the timeline. CVBT does not undertake to update the timeline on this web site. This information is only an estimate as of October 2007.

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