REVIEWER: James F. Kneece, director of financial planning and analysis for GTC Biotherapeutics, Inc.

BACKGROUND: GTC is a leader in the development, production and commercialization of therapeutic proteins through transgenic animal technology. GTC's ATryn, a recombinant form of human antithrombin, is undergoing review for market authorization in Europe. Subject to satisfactory approval, GTC will be the first company to commercially offer a transgenically produced product. GTC's technology is also used to develop transgenic production of its partners' proprietary products.

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