Pursuant to the provisions of the Company's 2009 Equity Incentive Plan (the "Plan"), effective October 11, 2012, each non-employee director of the Company, Kenneth M. Cohen, Craig A. Johnson, and Tina S. Nova, Ph.D., received a stock option under the Plan to purchase 35,000 shares of common stock. The exercise price for each such option is $0.75 per share, which was the fair market value of the common stock on the date of grant. Each option vests and becomes exercisable over a period of three years from the grant date, at a rate of 1/36 of the option shares each month. Each option is otherwise subject to the provisions of the Plan.

The Annual Meeting of Stockholders of the Company was held on October 10, 2012, at the Company's headquarters at 11455 El Camino Real, Suite 310, San Diego, California 92130 at 8:00 a.m. local time. The following proposals were submitted to and approved by the stockholders at the meeting:

1. Election of the five nominees to the board of directors:

Votes For Votes Withheld Votes Abstaining Broker Non-Votes

Dennis J. Carlo, Ph.D. 48,527,364      530             402               0
Kenneth M. Cohen       48,527,766      530              0                0
Craig A. Johnson       48,527,766      530              0                0
David J. Marguglio     48,527,766      530              0                0
Tina S. Nova, Ph.D.    48,527,766      530              0                0

2. Approval of a proposed amendment to the Company's Amended and Restated Certificate of Incorporation to increase the total number of authorized shares from 185.0 million to 210.0 million and the number of authorized shares of common stock from 175.0 million to 200.0 million:

Votes For Votes Withheld Votes Abstaining Broker Non-Votes 48,132,348 391,487 4,411 0

3. Ratification of the selection of Mayer Hoffman McCann PC as independent registered public accounting firm for the year ending March 31, 2013:

Votes For Votes Withheld Votes Abstaining Broker Non-Votes 48,588,836 480 400 0