Current Report Filing (8-k)
January 05 2018 - 4:07PM
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): December 29, 2017
LANTHEUS HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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001-36569
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35-2318913
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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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331 Treble Cove Road, North Billerica, MA 01862
(Address of principal executive offices) (Zip code)
Registrants telephone number, including area code:
(978) 671-8001
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 of the registrant under any of the following provisions (see General Instruction A.2. below):
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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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Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended
transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act.
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Item 1.01
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Entry into a Material Definitive Agreement.
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NTP Amendment No. 4
On December 29, 2017, Lantheus Medical Imaging, Inc. (LMI), the operating subsidiary of Lantheus Holdings, Inc. (the Company),
entered into Amendment No. 4 to Sales Agreement (the Amendment), effective as of December 29, 2017, amending the Sales Agreement, dated as of April 1, 2009 (as amended, the Agreement), by and between LMI and
NTP Radioisotopes (SOC) Ltd. (NTP). The Amendment extends the term of the Agreement from December 31, 2017 to December 31, 2020 and modifies LMIs volume purchase requirements and unit pricing. The Amendment provides for
the supply of
molybdenum-99
(Mo-99)
from NTP and its subcontractor, the Australian Nuclear Science and Technology Organisation (ANSTO). The
Agreement allows for termination upon the occurrence of certain events, including, but not limited to, failure by NTP to provide LMIs required amount of
Mo-99,
material breach of any provision by either
party, bankruptcy by either party and certain force majeure events.
The Company intends to request confidential treatment of the specific volume purchase
requirements and unit pricing terms in connection with the filing of its Annual Report on Form
10-K
for the fiscal year ended December 31, 2017.
On December 30, 2017, LMI entered into a binding extension of its supply agreement
with Jubilant Drax Image Radiopharmacies, Inc. d/b/a Triad Isotopes, Inc. (Triad), effective as of January 1, 2018, pursuant to which LMI will continue to supply Triad with TechneLite generators, Xenon, Neurolite and other products
through 2020. The extended supply agreement specifies pricing levels and volume purchase requirements. The extended supply agreement will expire on December 31, 2020 and may be terminated upon the occurrence of specified events, including a
material breach by the other party and certain force majeure events.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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LANTHEUS HOLDINGS, INC.
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By:
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/s/ Michael P. Duffy
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Name:
Title:
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Michael P. Duffy
General Counsel, Secretary and Senior Vice President, Strategy and Business Development
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Date: January 5, 2018
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