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at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
ons reflect the different time errill Lynch is under no obligation to ensure that such other trading ideas or recommendations are brought has contr I Lynch cl have not Lynch has establ insured by the Federal Deposi of America Corpora nclusion, or information con General Investment Related Disclosur
Page: HOUSE_OVERSIGHT_014458 →-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
al ins by the U.K. regulatory regime, including the Financial Services Scheme, co not a h policies relating to conflicts of interes instrum port. I Lynch , BofA and that statements h, are not insured by America, N.A). Investments in general and, derivati lyst or event impacting erent from and do re
Page: HOUSE_OVERSIGHT_015000 →Quantitative Analysis
ervices 1,720 Tax credit for orphan drug research Health 100 Exclusion & deferral of policyholder income e
nterest are described at http://go.bofa.com/coi. ments linked to securities that may have been recommended in this report. ML instrum port. sed on I Lynch , BofA errill Lynch and are not publicly-available materials. Any unautl s Coverage Cluster. Short ation of the ideas expressed in this report may
Page: HOUSE_OVERSIGHT_023095 →Entities connected to both I Lynch and HealthCap

Donald Trump
PERSON
United Kingdom
LOCATION
Bank of America
ORGANIZATION
Michael Bloomberg
PERSON
Merrill Lynch Global Wealth Management
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATION
Seoul
LOCATIONthe Securities and Futures Bureau
ORGANIZATIONBaFin
ORGANIZATION
Bank of America Corporation
ORGANIZATION
Frankfurt
LOCATIONThe Financial Service Board
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATIONILynch
ORGANIZATIONthe Investment Industry Regulatory Organization of Canada
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