X0202 4 2007-05-04 0 0000877902 NEOSE TECHNOLOGIES INC NTEC 0001194368 RACHESKY MARK H MD 102 ROCK ROAD HORSHAM PA 19044 1 0 0 0 Non-Qualified Stock Option (right to buy) 2.39 2007-05-04 4 A 0 10000 0.00 A 2017-05-04 Common Stock 10000 10000 D The options are exercisable immediately on the date of grant, subject to the Issuer's right of repurchase, which right of repurchase expires on May 4, 2008, the first anniversary of the date of grant. EXHIBIT LIST Exhibit 24 - Power of Attorney dated March 8, 2007 By: /s/ Dori L. Mansur Ratka, as attorney-in-fact for Mark H. Rachesky 2007-05-07