Biodelivery Sciences International (BDSI) 10-K2012 FY Annual report

Filed: 18 Mar 13, 12:00am

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New words: abbreviated, Adage, advisor, agonist, alliance, Alpharma, AMLAW, analgesia, ANDA, AUC, background, backup, Bay, bioavailability, Biochemistry, Biotech, Blackrock, Blair, BNX, bottle, Braeburn, bridge, Broadfin, BSP, buffer, California, Cap, Citizen, clock, Cmax, conduit, constitutionality, construction, contradict, cumbersome, curtailment, daily, Dame, Deerfield, defraud, denial, Denmark, diminished, disbursement, distinct, distributor, donated, element, enriched, error, Exalgo, exploit, fate, Fidelity, Finland, FMR, frame, fraud, fraudulent, garner, George, GP, HIPAA, Importantly, imprisonment, insufficient, JD, JMP, knowingly, language, layer, LCC, Lee, lieu, literature, LTIP, microcrystal, migrating, Moffitt, Ng, nonexclusive, Norway, Notre, ote, overbroad, payor, pediatric, perfunctory, Petition, poor, Portability, PPACA, preclinical, preferential, privacy, profound, proportion, purely, ranking, ratably, referral, reintroduced, reissuance, reportedly, restructuring, RLD, Roth, RSU, salient, SCHEDULEBIODELIVERY, scheme, session, Sophrosyne, Sprl, strictly, Supreme, survived, suspension, Task, threshold, umbrella, unaudited, unclear, underway, uninsured, upheld, vendor, Vestiq, violation, week, wholesale, willfully, window, Zubsolv

Removed: added, Akela, appealing, Army, blood, circumstance, CMC, consumption, CRS, devoted, doubt, drawn, Ellenoff, encochleated, Grossman, halted, headquartered, Holland, illegal, IMPD, inhaled, initiative, inventor, investigating, Japan, LSE, naturally, Neglected, Newark, nonsteroidal, Notably, NovaQuest, occurring, orally, parking, patch, posting, progressed, prospect, PSK, Reed, Remoxy, RetinaPharma, Schole, Scotland, standalone, sublicense, symposia, topical, track, treat, vacated, visceral, Walter, Watson

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Exhibit 21.1

Subsidiaries of the Registrant

The following are the subsidiaries of BioDelivery Sciences International, Inc.:

1.	Arius Pharmaceuticals, Inc., a Delaware corporation (wholly-owned subsidiary of the Registrant).

2.	Arius Two, Inc., a Delaware corporation (wholly-owned subsidiary of the Registrant).

3.	Bioral Nutrient Delivery, LLC, a Delaware limited liability company (94.5% of Class B Shares and 100% of Class A Shares are owned by the Registrant).