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Investment Strategy
at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
en considered and distributed in Japan by Merrill Lynch (Japan), a registered securities dealer under the
Quantitative Analysis
ervices 1,720 Tax credit for orphan drug research Health 100 Exclusion & deferral of policyholder income e
s is a regular issuer of traded financial instru Lynch, through business units other than Bo th, and rea
ncrease penetration of higher margin offerings 48 Health: Not Tremendously Prescriptive 51 Vision 2030 a s
ubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.
-12 1% 78 3.0% -13 % 33 -0.4% 6 68% -0./% SXDP (Health) 3.0% -08% 1% 8.7% 0.9% 9 2% 115 2.5% -12 3% 40
ynch | the FCA and the PRA) by RA - details about Lynch (Japan), a registered securities dea investors a
3% -] 2% 74 3.1% = 2% 3.2 -0.4% 0 54% 0.9% SXDP (Health) 3.1% -0.6% 2% 86% 0.9% -/ 2% 115 24% -14 2% 4]
ea issued and distributed in Tai investors and/or accredited investors Company hee er under the wan by Merri ch as defi A Australia) and poration ILynch by MLP iliates d hority; Lynch International (DIFC Branch), regulated by t ores; Merrill Lynch (Brazi bia Company, regu n and is d PRA) by MLI (UK)
Page: HOUSE_OVERSIGHT_023609 →Entities connected to both HealthCap and ILynch

Donald Trump
PERSON
Michael Bloomberg
PERSON
United Kingdom
LOCATION
Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONMerchant Bank
ORGANIZATIONThe Financial Service Board
ORGANIZATION
Bank of America Corporation
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATION
Frankfurt
LOCATION
Seoul
LOCATIONthe Securities and Futures Bureau
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATION
Bank of America, N.A.
ORGANIZATION
Merri
ORGANIZATIONBaFin
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATION