The purely electric drive system was factored into the equation as early as the concept phase when the gullwing model was being developed.

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We have committed to do all of the science and drug discovery and work to get to proof of concept, which is around Phase 2A. For dengue and TB, we will pay for FDA trials.

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This is a great concept, but the only way to prove it is to run a phase 3 program with tens of thousands of patients over a number of years and demonstrate that the drug reduces these CV events.

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Primary end-points are needed for definitive (Phase 3) proof of efficacy, but they are the most pernicious concept in early stage development.

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The nation's utilities have embraced the concept and are installing millions of automated meters on homes across the country, the first phase in Smart Grid's deployment.

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In Phase II, teams are expected to complete and demonstrate a functional software configuration as a proof of concept.

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