RA Capital Advisors LLC (RA Capital) is a premier investment bank based in San Diego, California. Since our founding in 1988, we have focused on the unique needs of private businesses by considering all - and pursuing the right - alternatives to meet our client's after-tax objectives. Our firm offers the distinct advantage of having the local responsiveness of a West-coast based investment bank and global capabilities through our international network. Through our high-touch, service-oriented business model, we have developed a reputation for having the sophistication of a bulge-bracket investment bank, with the senior-level attention of a boutique firm. With completed transactions of more than $60 billion in value, we have built our business on integrity, experience, creativity, and focused execution to maximize value for our clients. THE RA CAPITAL ADVISORS DIFFERENCE RA Capital Advisors' success is built on a number of unique operating differences, including: • A long-term relationship driven, not short-term transaction-driven, approach • Senior professionals engaged in all aspects of every assignment • Independent advice, free from typical investment banking conflicts • Professionals with extensive management and operations experience as senior executives of major enterprises • An unwavering commitment to long-term value creation RA Capital Advisors LLC is a broker-dealer registered with FINRA (www.finra.org) and a member of SIPC (www.sipc.org)