SEPT. TOTAL: $50M YEAR TO DATE TOTAL: $913.65M
Company (Symbol)#* Partner (Country) Amt. (M) Triggering Event Details (Date)

BioDelivery Sciences International Inc. (BDSI) Meda AB (Sweden) $30 Milestone payment BioDelivery received its initial $30M non-refundable milestone payment from Meda, which exclusively licensed commercialization rights to BDSI's BEMA Fentanyl in the U.S., Canada and Mexico (9/14)
Celera Group (NYSE:CRA) Merck & Co. Inc. $2 Milestone payment Celera received a $2M milestone payment under its cathepsin K inhibitor collaboration with Merck; the payment was triggered by the advancement of odanacatib into a Phase III trial in osteoporosis patients (9/28)
Kelaroo Inc.* Amylin Pharmaceuticals Inc. (AMLN) ND Equity investment Amylin made an equity investment in Kelaroo; its Phinder system for peptide hormone identification and optimization was developed using Kelaroo's SeqR technology (9/5)
Eurand NV (Italy; EURX) GlaxoSmithKline plc (UK) $1.5 Milestone payment Eurand completed a bioequivalence study of an undisclosed GSK compound (9/4)
Galapagos NV (Belgium; BR:GLPG)and ProStrakan Group plc (UK; LSE:PSK) Novartis AG (Switzerland) $1.5 Milestone payment Galapagos received a $1.5M payment as part of a collaboration related to antibodies for bone-related diseases; ProStrakan will receive $1.13M of the payment (9/27)
Metabolex Inc.* Astellas Pharma Inc.(Japan; FSE:YPH) ND Milestone payment Metabolex received the payment after Astellas began high-throughput screening against an additional target from Metabolex's human gene database (9/19)
MorphoSys AG (Germany;FSE:MOR) Novartis AG (Switzerland) ND Milestone payment MorphoSys received the payment for the advancement to Phase I of a HuCAL Gold-derived fully human antibody against an undisclosed target molecule in the area of oncology (9/18)
Oxford BioMedica (UK; LSE:OXB) Sanofi-Aventis(France) €9($12.5) Milestone payment Oxford received the payment for the successful enrollment of 350 patients in the Phase III study of TroVax in renal cancer (9/11)
Pharmacopeia Inc. (PCOP) Schering-Plough Corp. $1 Milestone payment Pharmacopeia will receive the payment for the initiation of a Phase I trial of PS948115 for respiratory disease (9/25)
Vernalis plc (UK; LSE:VER) Novartis AG (Switzerland) $1.5 Milestone Vernalis reached a milestone related to the start of Phase I trials of one of its compounds in a range of tumors (9/5)**

Notes:

# Unless otherwise indicated, shares are traded on the Nasdaq exchange.

* Private company.