Administrator SS&C GlobeOp Auditor Marcum LLP Legal Counsel Haynes & Boone, LLP ADW Capital Partners, L.P. 11 EFTA00287321 References • Joseph Edelman, CEO, Perceptive Advisors Bill Martin, Founder and Chief Investment Officer, Raging Capital Management • Scott Shleifer, Managing Director, Tiger

36% PERCEPTIVE LIFE SCIENCES OFFSH FUND. LTD 31 Dec 99 M $915M 2.169.59 30 Apr (6.70%) 3.16% 43.88% 28.09% 5.82% 23.94% 25.75% (25.67%) Joseph Edelman Feb 14 14 Feb 00 May 00 TRAXIS SIVIK GLOBAL HEALTHCARE OFFSHORE - 30 Jun 01 M $40M 2.124.51 31 Mar (1.64%) 3.96% 20.95% 13.88% -8.27% 6.08

Administrator SS&C GlobeOp Auditor Marcum LLP Legal Counsel Haynes & Boone, LLP ADW Capital Partners, L.P. 11 EFTA00620158 References • Joseph Edelman, CEO, Perceptive Advisors Bill Martin, Founder and Chief Investment Officer, Raging Capital Management • Scott Shleifer, Managing Director, Tiger