0001144204-16-092018.txt : 20160331 0001144204-16-092018.hdr.sgml : 20160331 20160331172716 ACCESSION NUMBER: 0001144204-16-092018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160329 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160331 DATE AS OF CHANGE: 20160331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Teligent, Inc. CENTRAL INDEX KEY: 0000352998 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 010355758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08568 FILM NUMBER: 161544206 BUSINESS ADDRESS: STREET 1: 105 LINCOLN AVENUE CITY: BUENA STATE: NJ ZIP: 08310 BUSINESS PHONE: 6096971441 MAIL ADDRESS: STREET 1: 105 LINCOLN AVENUE CITY: BUENA STATE: NJ ZIP: 08310 FORMER COMPANY: FORMER CONFORMED NAME: IGI LABORATORIES, INC DATE OF NAME CHANGE: 20100408 FORMER COMPANY: FORMER CONFORMED NAME: IGI INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IMMUNOGENETICS INC DATE OF NAME CHANGE: 19870814 8-K 1 v435840_8k.htm FORM 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): March 29, 2016

 

 

  

TELIGENT, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-08568   01-0355758

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

105 Lincoln Avenue
Buena, New Jersey 08310
(Address of principal executive offices and zip code)

 

Registrant’s telephone number, including area code: (856) 697-1441

  

 

 

 

 

 

 (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):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

   

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d) Effective March 29, 2016, the Board of Directors (the “Board”) of Teligent, Inc. (the “Company”) approved the appointment of Carole S. Ben-Maimon, M.D., to serve as a member of the Board. Dr. Ben-Maimon has also been appointed to serve as a member of the Company’s Organization and Compensation Committee and Nominating and Corporate Governance Committee of the Board.

 

There are no arrangements or understandings between Dr. Ben-Maimon and any other person pursuant to which Dr. Ben-Maimon was appointed as a director. There are no transactions to which the Company is a party and in which Dr. Ben-Maimon has a material interest that is required to be disclosed under Item 404(a) of Regulation S-K.

 

Dr. Ben-Maimon will be compensated for her service on the Board in accordance with the Company’s director compensation policy and will be reimbursed for reasonable expenses incurred in connection with her service on the Board. In addition, the Company will enter into its standard form of director and officer indemnification agreement with Dr. Ben-Maimon.

 

Item 8.01 Other Events.

 

The Company issued a press release in connection with the appointment of Dr. Ben-Maimon to the Board. The full text of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit    
Number   Description
     
99.1   Press release of Teligent, Inc. dated March 31, 2016.

 

 

 

 

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 thereunto duly authorized.

 

  TELIGENT, INC.
   
  By: /s/ Jenniffer Collins
  Name: Jenniffer Collins
  Title: Chief Financial Officer

 

Date: March 31, 2016

 

 

 

 

 

 

EX-99.1 2 v435840_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

News From

 


 

Buena, NJ 08310

 

Release Date: March 31, 2016

 

Contact:   Jenniffer Collins
  Teligent, Inc.
  (856) 697-4379
  www.teligent.com

 

 

TELIGENT, INC. APPOINTS DR. CAROLE BEN-MAIMON TO BOARD OF DIRECTORS

 

  

BUENA, NJ – (PRNewswire) – Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based specialty generic pharmaceutical company, today announced it has appointed Dr. Carole Ben-Maimon to its Board of Directors. Dr. Ben-Maimon will also serve on the Company’s Compensation and Nominating Committees.

  

Jason Grenfell-Gardner, President and CEO of the Company, commented, "We are grateful Carole has agreed to join our Board of Directors. Carole’s extensive experience in the generic pharmaceutical industry, particularly her most recent experience at Impax Laboratories, Inc., will be a valuable asset to Teligent and its Board of Directors.” Mr. Grenfell-Gardner continued, “We look forward to working with Carole, as we continue to execute our TICO strategy, focused on the topical, injectable, complex and ophthalmic generic pharmaceutical markets.”

 

Dr. Ben-Maimon currently works as consultant to the pharmaceutical industry.  She has over 25 years of experience in the pharmaceutical industry, having held various senior leadership positions at Impax Laboratories, Inc., Qualitest Pharmaceuticals, Inc., Alita Pharmaceuticals, Inc., Barr Pharmaceuticals, Inc., including Duramed Research Inc. (a wholly owned subsidiary of Barr Pharmaceuticals, Inc.), and with Teva Pharmaceuticals USA. She has also served on the Board of Directors of Barr Pharmaceuticals. Dr. Ben-Maimon is a graduate of Thomas Jefferson Medical College and received a Bachelor of Arts in biology from The University of Pennsylvania where she graduated magna cum laude. She completed clinical and research training in internal medicine and nephrology at Thomas Jefferson University.

 

 

 

 

About Teligent, Inc.

 

Teligent is a specialty generic pharmaceutical company. Our mission is to be a leading player in the specialty generic prescription drug market. Learn more on our website www.teligent.com.

 

Forward-Looking Statements

 

This press release includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions, and other statements contained in this press release that are not historical facts and statements identified by words such as “plan,” “believe,” “continue,” “should” or words of similar meaning. Factors that could cause actual results to differ materially from these expectations include, but are not limited to: our inability to meet current or future regulatory requirements in connection with existing or future ANDAs; our inability to achieve profitability; our failure to obtain FDA approvals as anticipated; our inability to execute and implement our business plan and strategy; the potential lack of market acceptance of our products; our inability to protect our intellectual property rights; changes in global political, economic, business, competitive, market and regulatory factors; and our inability to complete successfully future product acquisitions. These statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under the caption “Risk Factors” in Teligent, Inc.’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other periodic reports we file with the Securities and Exchange Commission. Teligent, Inc. does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise, except as required by law.

  

 

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