Current Report Filing (8-k)
January 09 2017 - 4:33PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 9, 2017
BioDelivery Sciences International, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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001-31361
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35-2089858
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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4131 ParkLake Ave., Suite #225
Raleigh, NC
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27612
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code:
919-582-9050
Not
Applicable
(Former name or former
address, if changed since last report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01.
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Other Information.
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On January 9, 2017, BioDelivery Sciences International, Inc.
(the
Company
) issued a press release announcing that the Company had closed on the transactions contemplated by that certain Termination Agreement, dated December 7, 2016 (the
Termination Agreement
), by and
between the Company, its wholly-owned subsidiaries, Arius Pharmaceuticals Inc. and Arius Pharmaceuticals Two Inc., and Endo Pharmaceuticals, Inc. (
Endo
). The Termination Agreement terminates Endos licensing rights for the
Companys product BELBUCA (buprenorphine) buccal Film (CIII). The Companys entry into the Termination Agreement was previously disclosed in the Companys Current Report on Form 8-K filed with the Securities and Exchange Commission on
December 13, 2016. A copy of the press release announcing the closing of the Termination Agreement is attached as Exhibit 99.1 hereto.
Item 9.01.
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Financial Statements and Exhibits.
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99.1
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Press release, dated January 9, 2017, announcing the Companys closing of the Termination Agreement.
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Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K, the press release included herein, the upcoming presentation referenced in such press release, and any statements of
representatives and partners of BioDelivery Sciences International, Inc. (the Company) related thereto, contain, or may contain, among other things, certain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the Companys plans, objectives, projections,
expectations and intentions and other statements identified by words such as projects, may, will, could, would, should, believes, expects,
anticipates, estimates, intends, plans, potential or similar expressions. These statements are based upon the current beliefs and expectations of the Companys management and are
subject to significant risks and uncertainties, including those detailed in the Companys filings with the Securities and Exchange Commission. Actual results (including, without limitation, the results of the Companys reacquisition of,
and commercialization efforts for BELBUCA as described therein) may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change
based on various factors (many of which are beyond the Companys control). The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as
required by applicable law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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January 9, 2017
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BIODELIVERY SCIENCES INTERNATIONAL, INC.
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By:
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/s/ Ernest R. De Paolantonio
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Name:
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Ernest R. De Paolantonio
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Title:
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Chief Financial Officer, Treasurer and Secretary
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