X0201 4 2004-01-07 0 0000761237 PHOTOGEN TECHNOLOGIES INC PHGN 0001262296 DEFRANCO JACK 6175 S LUSK BLVD SAN DIEGO CA 92121 0 1 0 0 Senior VP of IMCOR Division Options (right to buy) 1.25 2004-06-19 2013-06-19 Common stock 170000 170000 D Option (right to buy) 1.47 2004-01-07 4 A 0 40000 A 2005-01-07 2014-01-07 Common stock 40000 210000 D The Compensation Committee and the Issuer's Board approved grants of qualified options to the Reporting Person on the terms described in Table II. The options vest in accordance and are in other aspects subject to stock option award agreements. On January 7, 2004, Mr. DeFranco was granted to acquire a total of 40,000 shares of common stock in Photogen Technologies, Inc; 10,000 vesting each year for a period of four years. These options may terminate earlier under certain circumstances as set forth in Mr. DeFranco's award agreement. /s/ Jack DeFranco 2004-01-08