Attached files
file | filename |
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EX-99.1 - EX-99.1 - EMISPHERE TECHNOLOGIES INC | b83861exv99w1.htm |
EX-10.1 - EX-10.1 - EMISPHERE TECHNOLOGIES INC | b83861exv10w1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): December 20, 2010
Emisphere Technologies, Inc.
Delaware | 000-17758 | 13-3306985 | ||
(State or other jurisdiction | (Commission | (I.R.S. Employer | ||
of incorporation) | File Number) | Identification No.) |
240 Cedar Knolls Road, Suite 200, Cedar Knolls, New Jersey |
07927 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: 973-532-8000
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:
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)) |
Item 1.01 | Entry into a Material Definitive Agreement. |
On December 20, 2010, Emisphere Technologies, Inc. (the Company) entered into a Development and
License Agreement (the Agreement) with Novo Nordisk A/S (Novo Nordisk), pursuant to which the
Company grants to Novo Nordisk and its affiliates an exclusive license to develop and commercialize
oral formulations of Novo Nordisks insulins, which have the potential of treating diabetes, using
the Companys proprietary delivery agents. The Agreement includes $57.5 million in potential
product development and sales milestone payments to Emisphere, of which $5 million will be payable
upon signing, as well as royalties on sales.
A copy of the Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 8.01 | Other Events |
On December 21, 2010, the Company announced that it entered into the Agreement, as described above.
The Companys press release announcing that transaction is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. | Description | |||
10.1 | Development and License Agreement, dated December 20, 2010, between
Emisphere Technologies, Inc. and Novo Nordisk A/S* |
|||
99.1 | Press Release of Emisphere Technologies, Inc. dated December 21, 2010. |
* | Confidential treatment has been requested for the redacted portions of this agreement. A complete copy of this agreement, including the redacted portions, has been filed separately with the Securities and Exchange Commission. |
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.
Emisphere Technologies, Inc. |
||||
December 21, 2010 | By: | /s/ Michael R. Garone | ||
Name: | Michael R. Garone | |||
Title: | Chief Financial Officer |
EXHIBIT INDEX
Exhibit No. | Description | |||
10.1 | Development and License Agreement, dated December 20, 2010, between
Emisphere Technologies, Inc. and Novo Nordisk A/S* |
|||
99.1 | Press Release of Emisphere Technologies, Inc. dated December 21, 2010. |
* | Confidential treatment has been requested for the redacted portions of this agreement. A complete copy of this agreement, including the redacted portions, has been filed separately with the Securities and Exchange Commission. |