Consolidated Balance Sheet (IFRS) – unaudited

     June 30, 2010
€ 		   Dec. 31, 2009
€ 		  
ASSETS        
Current Assets        
Cash and Cash Equivalents   43,461,353   41,255,316
Available-for-sale Financial Assets   108,614,034   93,883,571
Accounts Receivable   5,761,563   11,156,559
Income Tax Receivables   480,679   794,855
Other Receivables   312,657   257,550
Inventories, Net   3,940,720   3,990,238
Prepaid Expenses and Other Current Assets   3,071,863   3,481,709
Assets Classified as Held for Sale   846,024   771,798
Total Current Assets   166,488,893   155,591,596
Non-current Assets        
Property, Plant and Equipment, Net   5,045,126   4,996,804
Patents, Net   544,502   789,798
Licenses, Net   13,030,999   13,780,534
Intangible Assets under Development   10,513,100   -
Software, Net   605,092   712,482
Know-how and Customer Lists, Net   2,027,215   2,083,633
Goodwill   26,750,616   26,742,173
Deferred Tax Asset   269,666   221,534
Prepaid Expenses and Other Assets, Net of Current Portion   1,274,203   1,172,041
Total Non-current Assets   60,060,519   50,498,999
Total Assets   226,549,412   206,090,595

See accompanying notes to the Interim Consolidated Financial Statements

     Note    June 30, 2010
€ 		   Dec. 31, 2009
€ 		  
LIABILITIES AND STOCKHOLDERS' EQUITY            
Current Liabilities      
   
Accounts Payable       11,263,610   14,106,352
Licenses Payable       10,636,066   100,746
Provisions and Tax Liabilities       3,311,626   1,426,760
Current Portion of Deferred Revenue       16,874,721   8,618,250
Total Current Liabilities       42,086,023   24,252,108
Non-current Liabilities            
Provisions, Net of Current Portion       43,344   43,344
Deferred Revenue, Net of Current Portion       748,934   5,579,610
Convertible Bonds Due to Related Parties       32,67   32,670
Deferred Tax Liability     2,189,649   2,248,498
Total Non-current Liabilities       3,014,597   7,904,122

Stockholders' Equity		            

Common Stock, € 1.00 Par Value;

Ordinary Shares Authorized (41,935,950 and 42,400,635 for 2010 and 2009, respectively)

Ordinary Shares Issued (22,677,078 and 22,660,557 for 2010 and 2009, respectively)

Ordinary Shares Outstanding (22,597,182 and 22,580,661 for 2010 and 2009, respectively)

Treasury Stock (79,896 and 79,896 shares for 2010 and 2009, respectively), at Cost

   3   22,667,304   22,650,783
Additional Paid-in Capital   3   162,850,697   161,631,268
Reserves       1,797,214   1,383,118
Accumulated Deficit       (5,866,423)   (11,730,804)
Total Stockholders' Equity       181,448,792   173,934,365
Total Liabilities and Stockholders' Equity       226,549,412   206,090,595

See accompanying notes to the Interim Consolidated Financial Statements