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Frost & Sullivan Recognizes ESBATech's Innovation in Developing Antibody Fragments for Biologic Therapeutics
Date:1/26/2009

in medicine."

In recognition of these innovations in biotechnology, Frost & Sullivan is pleased to present ESBATech with the 2009 Technology Innovation of the Year Award in the ophthalmic pharmaceuticals market. Each year, this award is presented to a company that has demonstrated technological superiority within its industry. The award acknowledges the ability of the company to successfully develop and introduce new technology, formulate a well-designed product family, and make significant product performance contributions to the industry.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About ESBATech

ESBATech is a clinical-stage biotechnology company concentrating its research in developing and commercializing fully human single-chain antibody fragments and formulation technologies to safely and non-invasively deliver biologic therapeutics. The company was the first to non-invasively deliver an ophthalmic biologic drug via eye drops elucidating a depot effect in the eye's vitreous. ESBATech's lead antibody fragment, ESBA105, is in clinical trials for several indications including uveitis, an inflammatory condition responsible for an estimated 10 to 15 percent of all cases of blindness in the Unites States. The company recently completed a phase I clinical study of ESBA105, and is now in preparation for phase II trials.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and ac
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