-----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, BtdTKMaf/k/00E3UeSRbP8WvdRDzJKlT8FEzE9iW9GEunWOuSrly2DqVhKwRGNqo Ux/q/E8mcLKAdRFuE2b9NQ== 0000950130-97-000268.txt : 19970127 0000950130-97-000268.hdr.sgml : 19970127 ACCESSION NUMBER: 0000950130-97-000268 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970121 ITEM INFORMATION: Other events FILED AS OF DATE: 19970124 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROBERTS PHARMACEUTICAL CORP CENTRAL INDEX KEY: 0000853022 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 222429994 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10432 FILM NUMBER: 97510043 BUSINESS ADDRESS: STREET 1: MERIDIAN CENTRE II STREET 2: 4 INDUSTRIAL WAY W CITY: EATONTOWN STATE: NJ ZIP: 07724 BUSINESS PHONE: 9083891182 MAIL ADDRESS: STREET 1: MERIDIAN CTR II STREET 2: 4 INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07724 8-K 1 FORM 8-K FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or l5(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 21, 1997 ROBERTS PHARMACEUTICAL CORPORATION - -------------------------------------------------------------------------------- (exact name of registrant as specified in its charter) NEW JERSEY 1-1-432 22-2429994 - --------------- ------------ -------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) Meridian Center II 4 Industrial Way West Eatontown, New Jersey 07724 - -------------------------------------------------------------------------------- (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: 908-389-1182 Meridian Center II 4 Industrial Way West Eatontown, New Jersey 07724 - -------------------------------------------------------------------------------- (Former name or former address, if changed from last report) - 2 - Item 5. Other Events ------------ Roberts Pharmaceutical Corporation today noted that preliminary, unaudited data indicate substantial strengthening in operations during the fourth-quarter ended December 31, 1996. Fourth-quarter 1996 operating results should exceed the expectations of analysts who have projected a flat to modestly improved quarter compared to the Company's reported third-quarter 1996 results. Fourth-quarter 1996 revenues from continuing operations are expected to surpass $30 million, up sharply from the $21.7 million reported for the third- quarter 1996. While third-quarter 1996 net income from operations had been reported at a loss of $3.1 million or $0.16 a share, the Company expects fourth- quarter 1996 net income from operations to approximate breakeven, based on continuing operations and before unusual items. The Company stated that the strengthening fourth-quarter 1996 operations reflect ongoing efforts to control costs, refocus the business, and bring new drugs into the marketplace. The Company's first pipeline drug ProAmatine (TM) was recently launched and the approval of Agrylin (TM) is expected shortly. In keeping with a strategy to focus greater resources on the commercialization of its proprietary pipeline, Roberts divested certain nonstrategic products in the final quarter of 1996. As previously indicated, the Company will record a fourth-quarter 1996 non-cash write-off of goodwill for these products and some other minor brands. In turn, Roberts will realize associated income statement benefits in the future. 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. ROBERTS PHARMACEUTICAL CORPORATION ---------------------------------- (Registrant) Date: January 24, 1997 By: /s/ Anthony A. Rascio ------------------------------ Anthony A. Rascio Vice President -----END PRIVACY-ENHANCED MESSAGE-----