Dyax Enters into $50 Million Agreement with Cowen Healthcare Royalty Partners

Business Wire, August 6, 2008

About Cowen Healthcare Royalty Partners

Cowen Healthcare Royalty Partners (CHRP), an affiliate of Cowen Group, Inc., is a healthcare private equity firm with over $500 million under management. The firm invests principally in commercial-stage biopharmaceutical and medical device companies through the purchase of royalty and Synthetic Royalty(SM) interests, debt and equity. CHRP's investment team has over 90 years of healthcare-related experience, including principal investing, structured finance, healthcare industry senior management, Wall Street research and consulting, scientific and clinical experience. For more information visit www.cowenroyalty.com.

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