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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1321502	Andain Inc.	ANDN	Pharmaceutical Preparations (2834)	202066406

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1328245	Gai Mar-Chaim	400 South Beverly Drive, Suite 312 Beverly Hills CA 90212	President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-02-27	2,471,878	$0.00	6,901,878	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Footnotes

These shares were purchase directly from Pangea Investments GmbH, a former affiliate of the company controlled by Ralph W. Marthaler.
In computing the number of shares beneficially owned by this stockholder, shares of common stock subject to options or convertible or exchangeable into such shares of common stock held by that person that are currently exercisable, or exercisable within 60 days, are included. Therefore, 330,000 of the total of 6,851,878 consists of shares of common stock underlying the vested and exercisable (as of January 1, 2012) portion of a stock option for 990,000 shares of common stock granted by the Company in exchange for services rendered to the Company.
50,000 shares of common stock are owned indirectly by Mr. Mar-Chaim in accordance with Rule 13d-3 under the1934 Act (they are held by members of Mr. Mar-Chaim's household).