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Memorandum of Understanding between Enterome Bioscience and Galmed Medical Research
Galmed Pharmaceuticals Ltd. • December 31st, 2013 • Pharmaceutical preparations

Pursuant to discussions recently held between our companies, Enterome Bioscience (hereinafter “Enterome”) and Galmed Medical Research (hereinafter “Galmed”) agree to explore opportunities to collaborate in the field of gut microbiota and metabolic disorders area by joining their efforts and respective expertise for the development of biomarkers and patients stratification tools.

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AGREEMENT
Agreement • December 31st, 2013 • Galmed Pharmaceuticals Ltd. • Pharmaceutical preparations

WHEREAS: Professor Tuvia Gilat (hereinafter “Prof. Gilat”) and Galmed have filed Originating Motion 552/01 in the Tel-Aviv-Yafo District Court against Aventis (“the Pending Proceedings”) in connection with the Invention (as that term is hereinafter defined); and

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