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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
November 14, 2009
Date of Report (Date of earliest event reported)
Medicis Pharmaceutical Corporation
(Exact name of registrant as specified in its charter)
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Delaware
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001-14471
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52-1574808 |
(State of Incorporation)
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(Commission File Number)
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(IRS Employer |
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Identification Number) |
7720 North Dobson Road
Scottsdale, Arizona 85256
(Address of principal executive offices) (Zip Code)
(602) 808-8800
(Registrants telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement.
The information set forth in Item 8.01 of this report with respect to the entry of Medicis
Pharmaceutical Corporation (the Company) into the Vanos License and Settlement Agreement is
incorporated by reference into this Item 1.01.
Item 8.01 Other Events.
On November 14, 2009, the Company entered into two License and Settlement Agreements (one, the
Vanos License and Settlement Agreement, the other, the Loprox License and Settlement Agreement
and, collectively, the License and Settlement Agreements) with Glenmark Generics Ltd. and Glenmark Generics Inc., USA
(collectively, Glenmark). In connection with the License and Settlement Agreements, the Company and Glenmark
agreed to terminate all legal disputes between them relating to the Companys VANOS® (fluocinonide)
Cream and LOPROX® Gel. In addition, Glenmark confirmed that certain of the Companys patents
relating to VANOS® and LOPROX® are valid and enforceable, and cover Glenmarks activities relating
to its generic versions of VANOS® and LOPROX® Gel under Abbreviated New Drug Applications (ANDAs).
Further, subject to the terms and conditions contained in the Vanos License and Settlement
Agreement, the Company granted Glenmark, effective December 15, 2013, or earlier upon the
occurrence of certain events, a license to make and sell generic versions of the existing VANOS®
products. Upon commercialization by Glenmark of generic versions of VANOS® products, Glenmark will
pay the Company a royalty based on sales of such generic products. Subject to the terms and
conditions contained in the Loprox License and Settlement Agreement, the Company also granted
Glenmark a license to make and sell generic versions of LOPROX® Gel. Upon commercialization by
Glenmark of generic versions of LOPROX® Gel, Glenmark will pay the Company a royalty based on sales
of such generic products.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
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Date: November 16, 2009 |
By: |
/s/ Jason D. Hanson
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Jason D. Hanson |
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Executive Vice President, General Counsel and Corporate Secretary |
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