8-K 1 a05-14736_18k.htm 8-K

 

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):  August 10, 2005

 

ADVANCED LIFE SCIENCES HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-51436

 

30-0296543

(State or other jurisdiction

 

(Commission

 

(I.R.S. Employer

of incorporation)

 

File Number)

 

Identification No.)

 

 

 

 

 

 

 

1440 Davey Road

 

 

 

 

Woodridge, Illinois

 

60517

 

 

(Address of principal executive offices)

 

(Zip Code)

 

(630) 739-6744

(Registrant’s telephone number, including area code)

 

N/A

(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 August 10, 2005, Advanced Life Sciences Holdings, Inc. (“ALS”) entered into a Third Amendment to License Agreement with Abbott Laboratories, a stockholder of ALS.  The amendment, which is filed as an exhibit to this Form 8-K, provides for a $3.0 million reduction to the $5.0 million milestone payment obligation that is payable to Abbott Laboratories on October 31, 2005 or, if earlier, upon ALS’s initiation of pivotal Phase III clinical trials for cethromycin.  In exchange, Abbott Laboratories received 600,000 shares of ALS’s common stock in a concurrent offering contemporaneous with the initial public offering of ALS.

 

Item 9.01.      Financial Statements and Exhibits.

 

(c)                                  Exhibits:

 

Exhibit No.

 

Description

 

 

 

10.10

 

License Agreement, dated December 13, 2004, by and between Abbott Laboratories and Advanced Life Sciences Holdings, Inc. (as amended on April 27, 2005, August 2, 2005 and August 10, 2005)

 

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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.

 

 

ADVANCED LIFE SCIENCES HOLDINGS, INC.

 

 

 

 

 

 

Date: August 12, 2005

By:

/s/ MICHAEL T. FLAVIN

 

 

Name:

Michael T. Flavin

 

 

Title:

Chairman and Chief Executive Officer

 

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

10.10

 

License Agreement, dated December 13, 2004, by and between Abbott Laboratories and Advanced Life Sciences Holdings, Inc. (as amended on April 27, 2005, August 2, 2005 and August 10, 2005)

 

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