| another excerpt from the prospectus, followed by an abstract..... 
 SCIENTIFIC ADVISORY BOARD
 
 The Company has established a Scientific Advisory Board, whose members
 review the Company's research, development and clinical activities and are
 available for consultation with the Company's management and scientific staff
 relating to their respective areas of expertise. Dr. Whalen, Senior Vice
 President and Chief Scientific Officer of the Company, is Chairman of the
 Company's Scientific Advisory Board. The other members of the Company's
 Scientific Advisory Board and their primary academic or professional
 affiliations are listed below:
 
 GORDON R. BERNARD, M.D.  chairs the Steering Committee for National
 Institutes of Health ("NIH") ARDS Clinical Trials, and is currently a Professor
 of Medicine at the Vanderbilt University School of Medicine. In addition, Dr.
 Bernard has served as principal investigator for clinical trials of
 glutathione-repleting agents in ARDS.
 
 MITCHELL P. FINK, M.D.  is Surgeon-in-Chief of Beth Israel Deaconess
 Hospital and Professor of Surgery at Harvard Medical School. Dr. Fink serves on
 the Editorial Board of several key journals, such
 
 45
 <PAGE>   46
 
 as Critical Care Medicine, Journal of Trauma, and Shock. Dr. Fink's major
 research interests include the role of neutrophils in septic and traumatic shock
 and development of novel therapeutic agents for septic shock.
 
 NORMAN K. HOLLENBERG, M.D., PH.D.  is a Professor of Medicine at Harvard
 Medical School and the Brigham and Women's Hospital. Dr. Hollenberg's research
 interests include renal perfusion and function, and the genetic underpinnings of
 hypertension and renal injury.
 
 JOHN E. REPINE, M.D.  is the Director of the Webb-Waring Institute for
 Biomedical Research, and Professor of Medicine and Associate Dean for Student
 Affairs at the University of Colorado Health Sciences Center. Dr. Repine has a
 distinguished research record on oxidative stress and disease pathology.
 
 ROBERT T. SCHOOLEY, M.D.  is Professor of Medicine and Head of the
 Infectious Disease Division at the University of Colorado Health Services
 Center. His research includes work on AIDS, immunology, and infectious diseases.
 Dr. Schooley served as Chair of numerous groups at the NIH, including the Core
 Immunology Committee of the AIDS Clinical Trials Group.
 
 STEVEN R. TANNENBAUM, PH.D.  is a Professor of Chemistry and Toxicology at
 the Massachusetts Institute of Technology. Dr. Tannenbaum's research efforts
 include the chemistry of free radicals in biological systems, and leading work
 on N-nitroso compounds and other environmental carcinogens and mutagens.
 
 (snip)
 
 Chest 1997 Jul;112(1):164-172
 
 A trial of antioxidants N-acetylcysteine and procysteine in ARDS. The
 Antioxidant in ARDS Study Group.
 
 Bernard GR, Wheeler AP, Arons MM, Morris PE, Paz HL, Russell JA, Wright PE
 
 Center for Lung Research, Division of Allergy, Pulmonary and Critical Care Medicine, Vanderbilt University Medical Center,
 Nashville, Tenn, USA.
 
 OBJECTIVE: To determine the levels of glutathione and cysteine in patients with ARDS and examine the effect of treatment
 with N-acetylcysteine (NAC) and L-2-oxothiazolidine-4-carboxylate (Procysteine; Clintec Technologies Inc; Chicago [OTZ])
 on these levels and on common physiologic abnormalities, and organ dysfunction associated with ARDS. DESIGN:
 Randomized, double-blind, placebo-controlled, prospective clinical trial. SETTING: ICUs in five clinical centers in the United
 States and Canada. PATIENTS: Patients meeting a predetermined definition of ARDS and requiring mechanical ventilation.
 INTERVENTION: Standard care for ARDS and I.V. infusion, every 8 h for 10 days, of one of the following: NAC (70
 mg/kg, n=14), OTZ (63 mg/kg, n=17), or placebo (n=15). MAIN RESULTS: Both antioxidants effectively repleted RBC
 glutathione gradually over the 10-day treatment period (47% and 49% increases from baseline values for NAC and OTZ,
 respectively). There was no difference in mortality among groups (placebo, 40%; NAC, 36%; OTZ, 35%). However, the
 number of days of acute lung injury was decreased and there was also a significant increase in cardiac index in both treatment
 groups (NAC/OTZ [+]14%; placebo [-]6%). CONCLUSIONS: Our findings suggest that repletion of glutathione may safely
 be accomplished with NAC or OTZ in patients with acute lung injury/ARDS. Such treatment may shorten the duration of acute
 lung injury, but larger studies are needed to confirm this.
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