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- Confidential -

- Confidential -. Eagle Overview. Specialty pharmaceutical company focused on applying several in-licensed technologies to reformulate and improve injectable products

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- Confidential -

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  1. - Confidential -

  2. Eagle Overview • Specialty pharmaceutical company focused on applying several in-licensed technologies to reformulate and improve injectable products • Eagle evaluates all marketed injectable products. Every product, regardless of how great it may be, can be improved. Eagle’s goal is to improve as many drugs as possible • Eagle’s core competency is linking product selection and market need with the right timing, patent strategy and innovative technology to create a high value, de-risked pipeline • Improvements are targeted towards safety, ease of use, and for optimizing patient benefits through dosing convenience 2 EAGLE CONFIDENTIAL INFORMATION

  3. Eagle Overview • Eagle has developed a well-established pipeline that provides leadership opportunity in the worldwide injectable market • 4 products launching in 2011-2012 with branded market value of ~$800 million • 7 potential launches with shared exclusivity representing ~$4B in innovator brand sales at time of launch • 27 products in pipeline; 19 near term products in development with ~$7B-$8B in US innovator sales (at time of launch) • 8 products in oncology, 3 in critical care, 3 in anti-infectives, 2 in diabetes, 2 in anesthesia, 1 antipsychotic, and 8 TBD • Eagle has 7 product-specific patents allowed / issued and an additional 11 patents filed for Eagle's proprietary and unique formulations. Many additional patents cover platform technologies used in our products • Backed by leading institutional investors including ProQuest Investments, GE Capital, Jennison, and Deerfield 3 EAGLE CONFIDENTIAL INFORMATION

  4. Product Strategy Eagle is dedicated to solving problems of currently available injectable products: • Reducing the number of injections required for treatment • Reducing the number of days required for administration of chemotherapy drugs • Eliminating drug components that create significant negative side effects in patients • Creating long acting formulations, thereby extending the duration of efficacy • Eliminating the need to reconstitute cytotoxic and critical care products • Changing from intravenous to subcutaneous injections (less time in infusion chair) • Creating IV versions of oral medications 4 EAGLE CONFIDENTIAL INFORMATION

  5. Eagle’s Value Drivers • People, Know-how, Early mover • Extraordinary growth rate: high margin, low cost-low risk business model • Broad portfolio of high volume specialty products • Low risk R&D/ inexpensive development costs • 3 NDAs filed, in-house capability to file multiple NDA’s annually • 505(b)(2) NDA’s or sNDA’s minimize development and approval times • De-risked pipeline: formulation data on first 14 products • The 505(b)(2) approval time is approximately half that of an ANDA • Provides the ability to become the leader in the generic injectable market place • Platform to build a leading lifecycle management company with large number of line extensions and specialty injectable products 5 EAGLE CONFIDENTIAL INFORMATION

  6. Headcount by Function 6 EAGLE CONFIDENTIAL INFORMATION

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