Owens has generated TO’s Champs to improve funds and awareness for the as many as 5.3 million Us citizens living with the disease and their 10 million caregivers, according to the Alzheimer’s Association 2009 Alzheimer’s Disease Facts and Numbers. Every 70 seconds, someone in the usa develops Alzheimer’s disease. That means more than 12 people will establish Alzheimer’s in the time it takes Owens to play one 15-minute quarter of soccer. As a result, Owens is dedicated to learning more about the disease and assisting the Alzheimer’s Association. Alzheimer’s has affected my very own family, so I understand first-hand the influence of the disease, says Owens. I am proud to support the Alzheimer’s Association because they educate people on the realities of Alzheimer’s disease therefore we can inspire plenty of support to avoid it.Within the last calendar year, we completed several important transactions, including the equity for debt purchase with Novo Nordisk and the June 2010 personal placement, that strengthened our balance sheet, eliminated our debts and allowed us to continue to advance our lead product candidates, ARD-3150 and ARD-3100, inhaled liposomal ciprofloxacin for the management of infections associated with serious respiratory disease, said Nancy E. Pecota, the business’s Vice President and CFO. We continued our attempts to create non-dilutive capital for the business, successfully trying to get and receiving $0.7 million in grants under the Qualifying Therapeutic Discovery Tax Credit Program in October 2010.