Item 5.02. Departure of Directors or Principal Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Executive Officer Salary Increases. On August 12, 2009, the Compensation Committee of the Board of Directors increased the annual base compensation for the following executive officers of the Company to the amounts indicated, effective as of June 1, 2009:

Ralph A. Eatz Senior VP, Chief Scientific Officer $428,000 Richard A. Flynt Chief Financial Officer $340,000 Philip H. Moïse VP and General Counsel $488,000

The Compensation Committee also approved an increase in the base compensation of Dr. Gioacchino De Chirico, the Company's President and CEO. However, Dr. De Chirico declined the increase.

---