Question-and-Answer Session
Operator
(Operator Instructions)
There is a question from the line of Chad Messer with Piper Jaffray.
Chad Messer - Piper Jaffray
Hi, guys. Thanks for taking the question. Just a real quick question on guidance, at the yearend call last quarter, I believe, you said you estimated $6 million to $8 million in revenues during the year, is there been any change to that?
Jim Tessmer
No. We’re still guiding 6 to 8, and as it would be on the higher end of that?
Dr. Arthur Sands
We've not included any new deals in that forecast and so we continue to maintain a very conservative posture with regard to forecasting. Other question?
Operator
(Operator Instructions)
Dr. Arthur Sands
Well, apparently a very quite quarter, of good progress. I'll just close. I may give few comments. I think one of the things we are turned to see now is our pipeline getting greater awareness growing of our pipeline in the medical communities with especially these two conferences coming up and these important audiences for the new drug programs are, we're going to be speaking directly with the doctors and of course, associate postulation in both GI area and also in the area of rheumatology. So, I think, that's real notable advance in terms of our communication of our program.
So, with that, I would like to thank everyone for participating. We look forward to providing an update next quarter. Good bye.
Operator
This concludes today's conference call. You may now disconnect.
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