CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (EUR €) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended		260 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011
Revenues
Sales	€ 150	€ 150	€ 660
Interest	3	4	42
Gain on extinguishment of debt	0	0	774
Gain on sales of equipment	1	68	69
Government grants	25	4	107
Total revenue	179	226	1,652
Expenses
Research and development	1,343	3,083	25,092
General and administrative	1,520	3,320	22,845
Bank fee	3	1	941
Induced conversion cost	0	807	807
Interest	2,759	2,834	9,627
Change in the fair value of acquisition-related contingent consideration	2,541	1,276	2,203
Goodwill impairment	0	0	209
Depreciation	57	115	784
Amortization of intangibles	144	193	481
Impairment of license contract	2,213	0	2,213
Directors' fees	28	20	364
Other	109	1	120
Total expenses	10,717	11,650	65,686
Loss before income tax provision (benefit)	(10,538)	(11,424)	(64,034)
Income tax provision	(1)	(4)	(23)
Net loss	(10,539)	(11,428)	(64,057)
Other comprehensive income (loss) Foreign currency translation adjustment	3	(20)	664
Comprehensive loss	€ (10,536)	€ (11,448)	€ (63,393)
Basic and diluted loss per share (in Euro per share)	€ (0.05)	€ (0.06)