| 1. |  I have reviewed this      Form 10-Q of PharmAthene, Inc. for the quarter ended June 30,      2010; |
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| 2. | Based      on my knowledge, this report does not contain any untrue statement of a      material fact or omit to state a material fact necessary to make the      statements made, in light of the circumstances under which such statements      were made, not misleading with respect to the period covered by this      report; |
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| 3. | Based      on my knowledge, the financial statements, and other financial information      included in this report, fairly present in all material respects the      financial condition, results of operations and cash flows of the      registrant as of, and for, the periods presented in this      report; |
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| 4. | The registrant’s other      certifying officer(s) and I are responsible for establishing and      maintaining disclosure controls and procedures (as defined in Exchange Act      Rules 13a-15(e) and 15d-15(e)) and internal control over      financial reporting (as defined in Exchange Act      Rules 13a-15(f) and 15d-15(f)) for the registrant and      have: |
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|  | (a) | Designed such disclosure      controls and procedures, or caused such disclosure controls and procedures      to be designed under our supervision, to ensure that material information      relating to the registrant, including its consolidated subsidiaries, is      made known to us by others within those entities, particularly during the      period in which this report is beingprepared; |
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|  | (b) |  Designed such      internal control over financial reporting, or caused such internal control      over financial reporting to be designed under our supervision, to provide      reasonable assurance regarding the reliability of financial reporting and      the preparation of financial statement for external purposes in accordance      with generally accepted accountingprinciples; |
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|  | (c) |   Evaluated the      effectiveness of the registrant’s disclosure controls and procedures and      presented in this report our conclusions about the effectiveness of the      disclosure controls and procedures, as of the end of the period covered by      this report based on such evaluation;and |
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|  | (d) | Disclosed      in this report any change in the registrant’s internal control over      financial reporting that occurred during the registrant’s most recent      fiscal quarter (the registrant’s fourth fiscal quarter in the case of an      annual report) that has materially affected, or is reasonably likely to      materially affect, the registrant’s internal control over financial      reporting; and |
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| 5. | The      registrant’s other certifying officer(s) and I have disclosed, based      on our most recent evaluation of internal control over financial      reporting, to the registrant’s auditors and the audit committee of the      registrant’s board of directors (or persons performing the equivalent      functions): |
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|  | (a) | All      significant deficiencies and material weaknesses in the design or      operation of internal control over financial reporting which are      reasonably likely to adversely affect the registrant’s ability to record,      process, summarize and report financial information;  and |
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|  | (b) |  Any fraud, whether or      not material, that involves management or other employees who have a      significant role in the registrant’s internal control over financial      reporting. |
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| Dated:       August 13, 2010 | /s/      Eric I. Richman                                  |   |
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|                              | Name: Eric I.      Richman                                |   |
|                              | Title: President and interim Chief      Executive Officer |   |

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