BIODELIVERY SCIENCES INTERNATIONAL, INC. [ ] Shares Common Stock ($0.001 par value per share) Underwriting Agreement September , 2005Underwriting Agreement • September 19th, 2005 • Biodelivery Sciences International Inc • Pharmaceutical preparations • New York
Pursuant to this Underwriting Agreement (this “Agreement”), BioDelivery Sciences International, Inc., a corporation organized under the laws of Delaware (the “Company”), proposes to issue and sell to the several underwriters named in Schedule I hereto (the “Underwriters”), for whom Ferris, Baker Watts, Incorporated, as lead underwriter (“FBW”), Maxim Group LLC and GunnAllen Financial, Inc. (collectively with FBW, the “Representatives”) are acting as representatives, [ ] shares of Common Stock, $0.001 par value (“Common Stock”) of the Company (collectively, said shares to be issued and sold by the Company being hereinafter called the “Underwritten Securities”). The Company also proposes to grant to the Underwriters an option to purchase up to [ ] additional shares of Common Stock to cover over-allotments, if any (the “Option Securities”; the Option Securities, together with the Underwritten Securities, being hereinafter called the “Securities”). To the extent there are no additional Und
