-----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, DH/WBHff70o9fK4GO9pEdAu91+eLStMj7oN5kuzpiXdecWyA/8FUpHzcdO8x9TYF VZGCbDvfVmsjTSHjp6Q9KQ== 0001157523-04-009255.txt : 20041014 0001157523-04-009255.hdr.sgml : 20041014 20041014135528 ACCESSION NUMBER: 0001157523-04-009255 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041014 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041014 DATE AS OF CHANGE: 20041014 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: 041078599 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 a4741505.txt PROGENICS PHARMACEUTICALS, INC. 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 14, 2004 Progenics Pharmaceuticals, Inc. ----------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 000-23143 13-3379479 - ---------------------------- ----------------- --------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) 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 ----------------- ---------------------------------------------------------------- (Former name or former address, if changed since last report.) Section 8 - Other Events Item 8.01 Other Events Progenics announced the appointment of Alton B. Kremer, M.D., Ph.D. to Vice President, Clinical Research, a newly created position in the Company. Dr. Kremer will be responsible for medical aspects of the Company's clinical trials. Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statement and Exhibits (c) the following exhibits are filed with this report Exhibit Number Description 99.1 Press release dated October 14, 2004 ---------------- 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. PROGENICS PHARMACEUTICALS, INC. By: /s/ ROBERT A. MCKINNEY ------------------------------------------- Robert A. McKinney Vice President, Finance & Operations Date: October 14, 2004 EX-99.1 2 a4741505-ex991.txt PROGENICS PHARMACEUTICALS, INC. PRESS RELEASE EXHIBIT 99.1 Progenics Expands Senior Management Team; Dr. Alton B. Kremer Named Vice President of Clinical Research TARRYTOWN, N.Y.--(BUSINESS WIRE)--Oct. 14, 2004--Progenics Pharmaceuticals, Inc. (Nasdaq: PGNX) today announced the appointment of Alton B. Kremer, M.D., Ph.D. to Vice President, Clinical Research, a newly created position in the Company. In his new capacity, Dr. Kremer will be responsible for medical aspects of the Company's clinical trials. In particular, he will lead the studies of methylnaltrexone, an investigational drug designed to reverse the debilitating side effects of opioid pain medication and to treat post-operative ileus. Dr. Kremer joins Progenics from Purdue Pharma, where he was Executive Medical Director and directed opioid clinical research programs. Previously, Dr. Kremer was at Janssen Pharmaceutica of the Johnson & Johnson Family of Companies, where he held several positions, the most recent of which was Senior Director, Clinical Research. He earned his M.D. and Ph.D. in Biochemistry at Case Western Reserve University and holds a B.A. degree in Biology and Chemistry from Wesleyan University. "We are extremely pleased that Dr. Kremer has joined Progenics' medical team," said Paul J. Maddon, M.D., Ph.D., Progenics Chairman and CEO. "His 18 years of clinical research experience in developing drugs primarily for pain and palliative care, AIDS and cancer, are an excellent match for our development programs in these same therapeutic areas. I look forward to working with Dr. Kremer in expanding our clinical research activities." Company Profile Progenics Pharmaceuticals, Inc., of Tarrytown, NY, is a biopharmaceutical company focusing on the development and commercialization of innovative therapeutic products to treat the unmet medical needs of patients with debilitating conditions and life-threatening diseases. The Company has five product candidates in clinical development and several others in preclinical development. In symptom management and supportive care, the Company is developing methylnaltrexone (MNTX) to treat the debilitating side effects of opioid-based pain relievers without interfering with pain relief. MNTX is in pivotal phase 3 clinical testing for treatment of opioid-induced constipation in patients with advanced medical illness and may be the Company's first product candidate to be approved for marketing. MNTX is also being studied for the treatment of post-operative ileus and relief of opioid-induced constipation in patients with chronic pain. In the area of HIV infection, the Company is developing viral-entry inhibitors, including PRO 542, a genetically engineered molecule designed to selectively target and neutralize HIV (in phase 2 studies), and PRO 140, a monoclonal antibody designed to target the HIV coreceptor CCR5 (in phase 1 studies). In addition, the Company is conducting research on ProVax, a novel prophylactic HIV vaccine. The Company, in collaboration with Cytogen Corporation, is developing immunotherapies for prostate cancer, including monoclonal antibodies directed against prostate-specific membrane antigen (PSMA), a protein found on the surface of prostate cancer cells. The Company is also developing vaccines designed to stimulate an immune response to PSMA. A recombinant PSMA vaccine is in phase 1 clinical testing. The Company is also studying a cancer vaccine, GMK, in phase 3 clinical trials for the treatment of malignant melanoma. DISCLOSURE NOTICE: The information contained in this document is current as of October 14, 2004. This press release contains forward-looking statements. Any statements contained herein that are not statements of historical fact may be forward-looking statements. When the Company uses the words 'anticipates,' 'plans,' 'expects' and similar expressions, it is identifying forward-looking statements. Such forward-looking statements involve risks and uncertainties which may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such factors include, among others, the uncertainties associated with product development, the risk that clinical trials will not commence or proceed as planned, the risks and uncertainties associated with dependence upon the actions of our corporate, academic and other collaborators and of government regulatory agencies, the risk that our licenses to intellectual property may be terminated because of our failure to have satisfied performance milestones, the risk that products that appear promising in early clinical trials do not demonstrate efficacy in larger-scale clinical trials, the risk that we may not be able to manufacture commercial quantities of our products, the uncertainty of future profitability and other factors set forth more fully in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2003 and other reports filed with the Securities and Exchange Commission, to which investors are referred for further information. In particular, the Company cannot assure you that any of its programs will result in a commercial product. Progenics does not have a policy of updating or revising forward-looking statements and assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments. Thus, it should not be assumed that the Company's silence over time means that actual events are bearing out as expressed or implied in such forward-looking statements. Editor's Note: Additional information on Progenics is available at http://www.progenics.com CONTACT: Progenics Pharmaceuticals, Inc. Richard W. Krawiec, Ph.D., 914-789-2800 rkrawiec@progenics.com -----END PRIVACY-ENHANCED MESSAGE-----