Amylin Pharmaceuticals Inc - Current report filing (8-K)
May 08 2008 - 9:11AM
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):
May 8, 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 CRF 240.13e-4(c))
Item 1.01. Entry into a Material
Definitive Agreement.
On May 8, 2008, Amylin Pharmaceuticals, Inc. and Eli Lilly
and Company agreed to an addendum to their co-promotion agreement, or the Addendum,
which amends the U.S. Co-Promotion Agreement between the parties, dated September 19,
2002, under which the parties co-promote BYETTA® (exenatide injection) in the
United States. The Addendum, which
expires on December 31, 2009, provides that Lilly will cause its
previously retained third party sales force for Cialis® (tadalafil) to
co-promote BYETTA in the United States in addition to Lillys existing domestic
sales force currently marketing BYETTA. Lilly
will pay 100% of the costs related to the third party sales force. Amylin and Lilly are parties to a number of
other agreements that have been entered into in connection with the development
and commercialization of BYETTA.
Item 8.01
Other Events.
Additionally, under a separate arrangement in effect during the term of
the Addendum, Amylin has agreed to add approximately 15% more sales
representatives to its existing primary care sales force and to use its primary
care sales force to co-promote Lillys product, Cialis, in consideration of
Lilly sharing 50% of the costs related to the additional Amylin sales
representatives and the payment of costs of the third party sales force
discussed above.
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: May 8,
2008
|
By:
|
/s/
LLOYD A. ROWLAND
|
|
|
Lloyd A. Rowland
|
|
|
Vice
President, Governance and Compliance, and
Corporate Secretary
|
3
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