CONVERTIBLE SENIOR NOTES (Tables)

6 Months Ended

Jun. 30, 2012

CONVERTIBLE SENIOR NOTES

Schedule of key assumptions used to establish the value of the 2013 Notes

The assumptions as of June 30, 2012 were:

Average risk-free rate	0.19	%
Volatility of BioSante common stock	86.6	%
Discount rate for principal payments in cash	18.8	%

The assumptions as of December 31, 2011 were:

Average risk-free rate	0.19	%
Volatility of BioSante common stock	77.4	%
Discount rate for principal payments in cash	18.5	%