PharmaTelevision Partners With Reuters Insider to Deliver BioPharma Insight to the Global Financial Community

OXFORD, England, May 12, 2010 - PharmaTelevision(R) announced that as of today the groundbreaking online
TV channel for the BioPharma industry, is teaming up with Reuters Insider, a
new interactive on-demand video platform designed to change the way financial
professionals consume and distribute news, research and information.

"Today's generation of financial professionals access and act on
information in a whole new way," said Devin Wenig, CEO, Thomson Reuters
Markets. "Reuters Insider was built to give our clients a competitive
advantage and arm them with the multimedia tools needed to work faster and
smarter."

"As a content partner with Reuters Insider, this is a match made in
heaven", said Doug Cookson, Commercial Director, PharmaVentures.
"PharmaTelevision provides a unique service for the biopharmaceutical
industry providing daily television news, analysis and feature interviews
with industry leaders and the relationship with Reuters Insider now allows
the Financial Communities around the world to have easy access to this
content"

Anne Vindenes Allen, Managing Director, PharmaTelevision added. "This
exciting relationship is now providing a clear channel for the
Biopharmaceutical Industry to provide insight, particularly through our
Financial Reports, in an impactful manner, to potentially hundreds of
thousands of critical stakeholders in the financial sector"

PharmaTelevision is produced by professional television
industry experts using professional studios worldwide as well as its own
studios in the UK.

PharmaTelevision produces Open Content as well as subscription
based Premium Content.

PharmaTelevision Open Content includes the Regional Report - a
programme that focuses on the key locations for pharmaceutical and biotech
investment, the Financial Report - a programme focused on companies and their
performance and the Business Network - a series of interviews and profiles of
some of the leading companies in biotech.

PharmaTelevision Premium Content includes PharmaTelevision
News - a daily news and analysis programme, PharmaTelevision News Review - a
programme featuring interviews, panel discussions and analysis with leading
experts and leaders in our industry and the Business Report - a programme
that analyses key business and market trends in our industry.

PharmaTelevision(R) is a registered Trade Mark of PharmaVentures Ltd.

    For more information contact:
    Doug Cookson, Commercial Director, PharmaVentures Ltd
    +44(0)1865-332-731
    doug.cookson@pharmaventures.com

For more information contact: Doug Cookson, Commercial Director, PharmaVentures Ltd, +44(0)1865-332-731, doug.cookson at pharmaventures.com