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Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares, par value NIS 0.04 per share, of Laxai Pharma, Ltd. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof the undersigned, being duly authorized, hereby execute this Agreement this 12th day of March 2010.
         
    UTA Capital LLC
 
       
 
  By:   YZT Management LLC,
 
      its managing member
 
       
Date: March 12 2010
  By:   /s/ Udi Toledano
 
       
 
      Udi Toledano
 
      its managing member
 
       
    YZT Management LLC
 
       
 
  By:   /s/ Udi Toledano
 
       
 
      Udi Toledano
 
      its managing member
 
       
    Alleghany Capital Corporation
 
       
 
  By:   /s/Peter R. Sismondo
 
       
 
      Peter R. Sismondo
 
      Vice President and Treasurer
 
       
    Alleghany Corporation
 
       
 
  By:   /s/Peter R. Sismondo
 
       
 
      Peter R. Sismondo
 
      Vice President
 
       
    /s/ Udi Toledano
     
    Udi Toledano