-----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, PL5tN0j7odhhH3Qd8Ojs6Lrm2+XeRd/6NM5Vv1YwpzX6cg0xoDEdFqL5T0M0IM7Q qnCJ2GUIYYqKOuGdRVVpOA== 0000950130-99-005175.txt : 19990910 0000950130-99-005175.hdr.sgml : 19990910 ACCESSION NUMBER: 0000950130-99-005175 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990908 ITEM INFORMATION: FILED AS OF DATE: 19990909 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: SEC FILE NUMBER: 001-10432 FILM NUMBER: 99708260 BUSINESS ADDRESS: STREET 1: MERIDIAN CENTER II STREET 2: 4 INDUSTRIAL WAY W CITY: EATONTOWN STATE: NJ ZIP: 07724 BUSINESS PHONE: 7326761200 MAIL ADDRESS: STREET 1: 4 INDUSTRIAL WAY WEST STREET 2: 4 INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07755 8-K 1 FORM 8-K FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 8, 1999 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: 732-676-1200 (Former name or former address, if changed from last report) -2- Item 5. Other Events ------------ Roberts Pharmaceutical Corporation announced today an agreement with Orion Corporation of Finland giving Roberts the U.S. marketing rights to Fareston(R) (toremifene citrate), an approved patent-protected treatment for advanced breast cancer developed by Orion Pharma. The transaction involves an up-front payment by Roberts of approximately 2.5 times Fareston's 1998 sales. Roberts has also agreed to make a milestone payment upon FDA approval of the drug for adjuvant therapy in breast cancer. Orion is currently engaged in Phase III studies with Fareston for this indication. Roberts plans to begin marketing Fareston in the fourth quarter and expects the product to be accretive to earnings in the first twelve months of sales. Fareston complements Roberts' strategic interests in the oncology market. The product has been available in the U.S. since late 1997 as a first- line treatment for advanced or metastatic breast cancer in post-menopausal women with estrogen receptor positive or unknown tumors. An oral anti-estrogenic drug, Fareston inhibits estrogen-induced stimulation of DNA syntheses and cellular replication. Unlike the current market leading anti-estrogenic agent, there have been no cases of endometric cancer attributed to the use of Fareston after 100,000 patient years of treatment. 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: September 9, 1999 /s/ Anthony A. Rascio - ----------------------- ---------------------- Anthony A. Rascio Vice President -3- FORWARD LOOKING STATEMENTS Certain statements included in Item 5 of this form 8-K are intended to be, and are hereby identified as, forward looking statements for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. The Registrant cautions readers that forward looking statements, including, without limitation, those relating to the Registrant's future business prospects, revenues, cost of sales, intangible dispositions and write-offs, continuing operations and discontinued operations, and liquidity and capital resources, are subject to certain risks and uncertainties, including, without limitation, the ability of the Registrant to secure regulatory approval in the United States and in foreign jurisdictions for the Registrant's developmental pipeline drugs, the efforts of the Registrant's competitors and the introduction of rival pharmaceutical products which may prove to be more effective than the Registrant's products, general market conditions, the availability of capital, and the uncertainty over the future direction of the healthcare industry, that could cause actual results to differ materially from those indicated in the forward looking statements. -----END PRIVACY-ENHANCED MESSAGE-----