- Current report filing (8-K)
November 10 2008 - 5:16PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
Current
Report Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported):
November 10,
2008
AMYLIN
PHARMACEUTICALS, INC.
(Exact name of
registrant as specified in its charter)
Delaware
(State or Other Jurisdiction of
Incorporation)
|
|
0-19700
(Commission File Number)
|
|
33-0266089
(I.R.S. Employer Identification No.)
|
9360
Towne Centre Drive
San
Diego, California 92121
(Address of
principal executive offices and zip code)
Registrants
telephone number, including area code:
(858) 552-2200
Check the appropriate box
below if the Form 8-K is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Section 2
Financial Information
Item
2.05 Costs Associated with Exit or Disposal Activities
On November 10, 2008,
Amylin Pharmaceuticals, Inc. (the Company) announced a corporate
restructuring that will reduce its San Diego workforce by approximately 25%, or
340 employees, and reduce anticipated 2009 cash expenditures by more than $80
million. A copy of the Companys press
release announcing the corporate restructuring is attached as Exhibit 99.1
to this Current Report on Form 8-K and incorporated herein by reference.
The Company expects to
incur charges under the corporate restructuring during the fourth quarter of
2008, including costs of employee severance and other costs related to
workforce reductions. The Company has
not yet completed its analysis of the costs associated with implementation of
the corporate restructuring, and therefore is not yet in a position to make a
good faith estimate of the amount, or range of amounts, of these costs. The Company will amend this Current Report on
Form 8-K at such time as its management is able in good faith to estimate
the amount, or range of amounts, of these costs.
Section 9
Financial Statements and Exhibits
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
Number
|
|
Description
|
|
|
|
99.1
|
|
Press release issued by
Amylin Pharmaceuticals, Inc. on November 10, 2008.
|
2
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
AMYLIN
PHARMACEUTICALS, INC.
|
|
|
|
|
Dated: November 10,
2008
|
By:
|
/s/ Lloyd A. Rowland
|
|
|
Lloyd A. Rowland
|
|
|
Vice
President, Governance and Compliance,
|
|
|
and
Secretary
|
3
EXHIBIT
INDEX
Number
|
|
Description
|
|
|
|
99.1
|
|
Press release issued by
Amylin Pharmaceuticals, Inc. on November 10, 2008.
|
4
Amylin Pharmaceuticals, Inc. (MM) (NASDAQ:AMLN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Amylin Pharmaceuticals, Inc. (MM) (NASDAQ:AMLN)
Historical Stock Chart
From Jul 2023 to Jul 2024