Albireo Pharma (ALBO) 8-K Entry into a Material Definitive Agreement

Exhibit 10.2

		4 Christopher Columbus Avenue
		Danbury, CT 06810-7352
		(203) 797-8005
	Mulvaney PROPERTIES	Fax:(203)794-1786 www.mulvaneyproperties.com

July 23, 2007

Biodel, Inc.
Attn: Dr. Sol Steiner
6 Christopher Columbus Avenue
Danbury, CT 06810

Re:  Lease at 6 Christopher Columbus Avenue, Danbury, CT

Dear Sol:

This is to confirm that with 90 days’ notice, Mulvaney 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,

MULVANEY PROPERTIES, LLC

/s/ George Mulvaney

George Mulvaney

Managing Member

/jb