-----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, UQsPU2nI35F+SCEZVFv72mZ37hBYmfmqNQXcVDSWZ1UNuqqp9OjNTfrp6GChvzM1 Nmh84wrVh2HY7qxt4Ej/OQ== 0001193125-06-255540.txt : 20061219 0001193125-06-255540.hdr.sgml : 20061219 20061218190613 ACCESSION NUMBER: 0001193125-06-255540 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061216 ITEM INFORMATION: Other Events FILED AS OF DATE: 20061219 DATE AS OF CHANGE: 20061218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PDL BIOPHARMA, INC. CENTRAL INDEX KEY: 0000882104 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 943023969 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19756 FILM NUMBER: 061284754 BUSINESS ADDRESS: STREET 1: 34801 CAMPUS DR CITY: FREMONT STATE: CA ZIP: 94555 BUSINESS PHONE: 5105741400 MAIL ADDRESS: STREET 1: 34801 CAMPUS DR CITY: FREMONT STATE: CA ZIP: 94555 FORMER COMPANY: FORMER CONFORMED NAME: PROTEIN DESIGN LABS INC/DE DATE OF NAME CHANGE: 19930328 8-K 1 d8k.htm FORM 8-K 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): December 16, 2006

 

PDL BioPharma, Inc.

(Exact name of registrant as specified in its charter)

 

 

Delaware   000-19756   94-3023969

(State or other jurisdiction

of incorporation)

   (Commission File No.)  

(I.R.S. Employer

Identification No.)

34801 Campus Drive

Fremont, California 94555

(Address of principal executive offices)

Registrant’s telephone number, including area code: (510) 574-1400

 

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 8.01. Other Events.

Following a meeting among representatives of the Food and Drug Administration, Orphan Therapeutics, LLC (“Orphan”) and PDL BioPharma, Inc. (“we”) regarding the outcome of the Phase 3 trial of terlipressin for the treatment of type 1 hepatorenal syndrome, we and Orphan mutually agreed that it would be in the best interests of both parties to terminate the agreement under which we held exclusive marketing, sales and distribution rights to terlipressin (the “Collaboration Agreement”). The termination of the Collaboration Agreement was effective December 16, 2006. The rights we previously held under the Collaboration Agreement reverted back to Orphan upon termination of the Collaboration Agreement. In connection with the termination of the Collaboration Agreement, we and Orphan each released the other from all claims as of December 16, 2006, arising out of or related to the Collaboration Agreement. Neither we nor Orphan paid any monetary consideration to the other in connection with the termination of the Collaboration Agreement.

 

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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.

Date: December 18, 2006

 

PDL BioPharma, Inc.
By:  

/s/ Andrew Guggenhime

  Andrew Guggenhime
  Senior Vice President and Chief Financial Officer

 

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