13G Filing: Biotechnology Value Fund L P and Arqule Inc (ARQL)

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Page 13 of 14 – SEC Filing

Item 10. Certifications.

By signing below each of
the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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