-----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, R2Qv/lIr5wiGRi/Qel7YRFi8epOjiQMEwU+tRiWMvGchMPqLoCoxKxL6BxFRpoC5 9sPhhZtgx70ItsxApcaI5Q== 0000912057-97-030703.txt : 19970918 0000912057-97-030703.hdr.sgml : 19970918 ACCESSION NUMBER: 0000912057-97-030703 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970912 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19970915 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: NPS PHARMACEUTICALS INC CENTRAL INDEX KEY: 0000890465 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 870439579 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23272 FILM NUMBER: 97680050 BUSINESS ADDRESS: STREET 1: 420 CHIPETA WAY SUITE 240 CITY: SALT LAKE CITY STATE: UT ZIP: 84108-1256 BUSINESS PHONE: 8015834939 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITY EXCHANGE ACT OF 1934 Date of report September 12, 1997 ------------------------------------------------------------------ NPS PHARMACEUTICALS, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-23272 87-0439579 - ----------------------------- ---------------------------------------- (Commission File Number) (I.R.S. Employer Identification No.) 420 Chipeta Way, Salt Lake City, Utah 84108-1256 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (801) 583-4939 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) N/A - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS. On September 11, 1997, NPS Pharmaceuticals, Inc. (the "Company") announced that Amgen Inc. ("Amgen") will update its strategy for the ongoing development of the Company's novel drugs, referred to as "calcimimetics" for treating primary and secondary hyperparathyroidism. The press release announcing the update is filed herewith as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. c. Exhibits 99.1 Press Release dated September 11, 1997 and titled "Amgen and NPS to Update Calcimimetics Development Plan." 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. NPS PHARMACEUTICALS, INC. Date: September 12, 1997 /s/ JAMES U. JENSEN ------------------------------- James U. Jensen, Vice President 2 INDEX TO EXHIBITS Sequentially Exhibit Number Description Numbered Page - -------------- ----------- ------------- 99.1 Press Release dated September 11, 1997 and titled "Amgen and NPS to Update Calcimimetics Development Plan." 3 EX-99.1 2 EXHIBIT 99.1 EXHIBIT 99.1 Press Release dated September 11, 1997 and titled "Amgen and NPS to Update Calcimimetics Development Plans" attached AMGEN AND NPS TO UPDATE CALCIMIMETICS DEVELOPMENT PLAN Salt Lake City, Utah (September 11, 1997) -- At a Healthcare Meeting in New York, Amgen (Nasdaq: AMGN) will update its strategy for the ongoing development of NPS Pharmaceuticals' (Nasdaq: NPSP) novel drugs, referred to as "calcimimetics" for treating primary and secondary hyperparathyroidism (HPT). In 1995, Amgen and NPS entered into an agreement for Amgen to develop and commercialize calcimimetic compounds based on NPS's proprietary technology. As a result of research and development experience to date, Amgen plans to elevate the calcimimetic program to a higher level of priority and also plans to start clinical trials with a second generation compound by the end of the first quarter of 1998. A Phase II study in patients with secondary HPT is currently ongoing. An interim analysis of this Phase II study showed that the first compound tested in humans, R-568, rapidly lowers parathyroid hormone levels to target ranges in dialysis patients with secondary HPT. The first of the calcimimetic class of compounds (R-568) is metabolized predominantly by polymorphic liver enzymes and has low bioavailability. This results in variability in blood levels of the drug. Preclinical testing suggests that second generation compounds will successfully address the concerns of polymorphism and low bioavailability of R-568. Kevin Sharer, President and COO of Amgen, commented on the development of calcimimetic compounds at Amgen by saying, "We are pleased that the current trial of R-568 has demonstrated proof of concept for controlling parathyroid hormone levels with these compounds. Calcimimetics are becoming an increasingly important part of our pipeline." Dr. Hunter Jackson, Chairman, CEO and President of NPS, stated: "The clinical performance of R-568 supports the usefulness of calcimimetic drugs in treating a complex disease in a patient population with serious health challenges. We are also pleased that Amgen expects to pursue an aggressive clinical development program in both primary and secondary HPT." NPS Pharmaceuticals, Inc., a development-stage enterprise, is engaged in the discovery and development of small molecule drugs that target cell surface receptors and ion channels. The Company is pursuing treatments for central nervous system disorders, including pain, and brain damage from stroke or head trauma. NPS is also developing novel therapeutics for osteoporosis in connection with its corporate partner, SmithKline Beecham, and therapies for hyperparathyroidism with licensees, Amgen and the Pharmaceutical Division of Kirin Brewery in Tokyo. Amgen is a global biotechnology company that discovers, develops, manufactures and markets human therapeutics based on advances in cellular and molecular biology. NOTE: STATEMENTS INCLUDED WITHIN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL IN NATURE CONSTITUTE FORWARD-LOOKING STATEMENTS FOR THE PURPOSES OF THE SAFE HARBOR PROVIDED BY THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. EDITORS AND INVESTORS ARE CAUTIONED THAT SUCH STATEMENTS INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE DESCRIBED HEREIN. CAREFUL CONSIDERATION SHOULD BE GIVEN TO CAUTIONARY STATEMENTS MADE IN AMGEN AND NPS DOCUMENTS RECENTLY FILED WITH THE SEC, IN PARTICULAR THEIR RESPECTIVE ANNUAL REPORTS ON FORM 10-K. ### -----END PRIVACY-ENHANCED MESSAGE-----