-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gba8NDZG8MxalqXZNgi9wD01ELaFEkXpw0+LW9c7Pm7jeMBFahFBu4wt0pDUB+sL Qy4ftsoKtwzmI1lomkO5jg== 0000835887-08-000043.txt : 20081022 0000835887-08-000043.hdr.sgml : 20081022 20081022091927 ACCESSION NUMBER: 0000835887-08-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081022 ITEM INFORMATION: Other Events FILED AS OF DATE: 20081022 DATE AS OF CHANGE: 20081022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROGENICS PHARMACEUTICALS INC CENTRAL INDEX KEY: 0000835887 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 133379479 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23143 FILM NUMBER: 081134514 BUSINESS ADDRESS: STREET 1: 777 OLD SAW MILL RIVER ROAD CITY: TARRYTOWN STATE: NY ZIP: 10591 BUSINESS PHONE: 9147892800 MAIL ADDRESS: STREET 1: 777 OLD SAW MILL RIVER ROAD CITY: TARRYTOWN STATE: NY ZIP: 10591 8-K 1 form8_k10222008.htm FORM 8-K OCTOBER 22, 2008 form8_k10222008.htm

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) October 22, 2008
 
Progenics Pharmaceuticals, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
 
000-23143
 
13-3379479
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
         
777 Old Saw Mill River Road, Tarrytown, New York
 
10591
(Address of principal executive offices)
 
(Zip Code)
Registrant's telephone number, including area code (914) 789-2800 
 
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):
 
 
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 8.01. Other Events.



Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE), with which Progenics collaborates in the development and commercialization of RELISTOR®, has informed Progenics that global net sales of RELISTOR for the current year through September 30 were $2.9 million, of which $0.8 million were made in the third quarter ending September 30.

On Wyeth’s third-quarter earnings call this morning, Joseph M. Mahady, President of Wyeth Pharmaceuticals, said, “We are just getting out of the blocks with RELISTOR, and the subcu[taneous] product has been launched in the U.S., Canada, Venezuela and Europe….”  In Europe, RELISTOR has been launched in the United Kingdom, Germany, Ireland, Denmark, Sweden, Finland and the Netherlands.

In mid-August, Wyeth began full promotion of RELISTOR under a program that includes sales detailing, the offering of early experience trial kits and company-directed educational programs designed to achieve appropriate awareness of this product.

RELISTOR is the first drug in a novel class for a completely new therapeutic use – opioid-induced constipation.  The approved indication for RELISTOR addresses the needs of individuals with advanced illness receiving palliative care.  Ongoing clinical studies have the goal of expanding the use of RELISTOR in other patient settings.

Distribution of early-experience trials kits began in mid-August, and distribution is expected to continue through this November.

Wyeth has also informed Progenics that the initial U.S. pipeline fill (wholesaler purchases) upon launch was as expected, and since then wholesaler sales to pharmacies and institutions have been increasing month over month.


 

 
 

 

 
 
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.
 
 
                        PROGENICS PHARMACEUTICALS, INC.
                        By:  /s/ ROBERT A. MCKINNEY                            
                                   Robert A. McKinney
                                                         & #160;         Chief Financial Officer, Senior Vice President,
                                                         & #160;         Finance & Operations and Treasurer
 
 
Date:  October 22, 2008 




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