Security Agreement

Recorded: 2002-10-09 Received: 2002-10-17 Pages: 8

Assignor

ALLIANCE PHARMACEUTICAL CORP.

Executed: 2002-10-04

Assignee

SDS MERCHANT FUND, L.P.

53 FOREST AVENUE, SECOND FLOOR, OLD GREENWICH, CT, 06870, UNITED STATES

Covered Properties (5)

Mixed Gas Microbubble Compositions

Application: 10/029,712 →

Stabilized microbubble compositions

Application: 09/991,445 →

Stabilized Gas Emulsion Containing Phospholipid for Ultrasound Contrast Enhancement

Application: 09/941,395 →

Stable microbubble precursors

Application: 09/919,433 →

Osmotically Stabilized Microbubble Preparations

Application: 09/863,982 →