Contract

Exhibit 10.2

				0 Xxxxxxxxxxx Xxxxxxxx Xxxxxx
				Danbury, CT 06810-7352
				(000) 000-0000
		Xxxxxxxx PROPERTIES		Fax:(000)000-0000 xxx.xxxxxxxxxxxxxxxxxx.xxx

July 23, 2007

Biodel, Inc.
Attn: Xx. Xxx Xxxxxxx
0 Xxxxxxxxxxx Xxxxxxxx Xxxxxx
Xxxxxxx, XX 00000

Re:  Lease at 0 Xxxxxxxxxxx Xxxxxxxx Xxxxxx, Xxxxxxx, XX

Dear Sol:

This is to confirm that with 90 days’ notice, Xxxxxxxx Properties, LLC will release Biodel, Inc. of all its obligations with regard to the lease agreement for the above-referenced property. The existing lease term is February 1, 2007 to January 31, 2010.

Sincerely,

XXXXXXXX PROPERTIES, LLC

/s/ Xxxxxx Xxxxxxxx

Xxxxxx Xxxxxxxx

Managing Member

/jb