Life Sciences & Health Services

Spring Bank Pharmaceuticals, Inc.

Advised Spring Bank Pharmaceuticals, Inc., a clinical stage drug discovery company, in its raise of a convertible note.

ThermoGenesis Corporation*

Raised $7,000,000 of equity in a private placement.  ThermoGenesis designs, manufactures and sells thermodynamic systems which utilize proprietary heat transfer technology to process, store and retrieve blood products and biological tissues.

Vetco, Inc.

Appointed by the Supreme Court of the State of New York, County of Nassau as a neutral expert to value a minority shareholder's ownership after a rescinded 1996 Initial Public Offering. Vetco developed and distributed pediatric over-the-counter healthcare products including Little Noses nasal products, Little Tummys digestive health products, Little Colds cough/cold remedies and Little Remedies New Parents Survival Kits. In 2004, Vetco was acquired by Prestiges Brands, Inc.

* Indicates transactions were completed by Avalon Net Worth senior executives while employed at previous firms

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