0000792977-17-000009.txt : 20170306 0000792977-17-000009.hdr.sgml : 20170306 20170306082717 ACCESSION NUMBER: 0000792977-17-000009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170306 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170306 DATE AS OF CHANGE: 20170306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMAG PHARMACEUTICALS INC. CENTRAL INDEX KEY: 0000792977 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 042742593 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10865 FILM NUMBER: 17666541 BUSINESS ADDRESS: STREET 1: 1100 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 6174983300 MAIL ADDRESS: STREET 1: 1100 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: ADVANCED MAGNETICS INC DATE OF NAME CHANGE: 19920703 8-K 1 form8-k3617.htm 8-K Document



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):
March 2, 2017
 
AMAG Pharmaceuticals, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
 
001-10865
 
04-2742593 
(State or other jurisdiction
of incorporation)
 
(Commission file number)
 
(I.R.S. Employer
Identification Number)
 
1100 Winter Street
Waltham, MA
 
02451
(Address of principal
executive offices)
 
(Zip code)
 
(617) 498-3300
(Registrant’s telephone number, including area code)
 
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:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b) (c)

On March 2, 2017, Frank E. Thomas informed AMAG Pharmaceuticals, Inc. (the “Company”) of his intention to resign as President and Chief Operating Officer of the Company. Mr. Thomas has agreed to stay with the Company through April 30, 2017 to assist with transition matters, at which time William K. Heiden, the Company’s Chief Executive Officer, will assume the title of President.

Mr. Heiden, age 57, has served as the Company’s Chief Executive Officer and as a member of the Company’s board of directors since May 2012, and previously served as President from May 2012 through April 2015. Mr. Heiden has held a variety of senior executive roles in the life sciences industry over the last 30 years, additional details of which can be found on page 10 in the Company's proxy statement filed with the SEC on April 15, 2016. He has served as president and chief executive officer of several local public and private biotechnology companies, after having served in a variety of global general management positions over a 15 year career with Schering Plough/Merck. Mr. Heiden does not have any family relationships with any of the Company’s directors or executive officers and is not a party to any transactions listed in Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD

The following information and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act, except as expressly set forth by specific reference in such filing.

A copy of the press release announcing Mr. Thomas’ resignation is furnished as Exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The Company hereby furnishes the following exhibit:

Exhibit No.
 
Description
99.1
 
Press Release dated March 6, 2017


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SIGNATURE

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.

 
AMAG PHARMACEUTICALS, INC.
 
 
 
 
 
 
 
By:
/s/ Joseph D. Vittiglio, Esq.
 
Name:
Joseph D. Vittiglio
 
Title:
Senior Vice President, General Counsel and Secretary

Date: March 6, 2017


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EXHIBIT INDEX

Exhibit
No.
 
Description
99.1
 
Press Release dated March 6, 2017 (furnished herewith)


 

4
EX-99.1 2 ex9913617.htm EXHIBIT 99.1 Exhibit

a20170305amagannounce_image1.jpg

FOR IMMEDIATE RELEASE
AMAG Announces Management Changes and New Commercial Appointments

WALTHAM, Mass., March 6, 2017 (GLOBE NEWSWIRE) – AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) today announced changes to the company’s executive and commercial leadership teams, including that Frank Thomas, president and chief operating officer, intends to transition out of the organization on April 30, 2017. Following this transition, Ted Myles, chief financial officer, and Joseph Vittiglio, general counsel, along with AMAG’s business development function, will report directly to William Heiden, chief executive officer of AMAG. Mr. Vittiglio joined AMAG as chief counsel in August 2015, and Mr. Myles joined the company as chief financial officer in April 2016.

“I would like to thank Frank for all of his contributions to AMAG where he has been an effective leader for the past six years, helping to build and implement our successful growth and portfolio expansion strategy,” said William Heiden. “I am especially grateful for the strong team he has helped put in place to execute on AMAG’s next stage of growth.”

“It has been my honor to help lead AMAG through an exciting period of growth and change. I am very proud of everything we accomplished – from both a business and patient perspective, and I am thankful for the opportunity to work alongside Bill and such a passionate group of employees over the years,” said Mr. Thomas. “Implementation of the company’s strategic plan is on track, the management team is strong, and it’s the right time for me to step aside, spend some time with my family and pursue the next chapter in my career.”

AMAG also announced key commercial leadership moves to drive future growth in maternal and women’s health, following the company’s recently announced licensing transactions for IntrarosaTM (prasterone) and bremelanotide.

Paul Williams, who currently leads the company’s maternal health organization, has been appointed to lead AMAG’s newly created women’s health business. Mr. Williams, who joined AMAG in 2014, will be responsible for the launch and commercialization of Intrarosa, as well as the potential launch of bremalanotide in early 2019.

Mary Trout, who joined AMAG in 2015 as part of the CBR acquisition and successfully led the integrated maternal health field sales force to achieve record sales for Makena over the past two years, has been promoted to senior vice president of sales and marketing, maternal health. In her new role, Ms. Trout will lead AMAG’s maternal health commercial functions.

Both Mr. Williams and Ms. Trout will report to Nik Grund, AMAG’s chief commercial officer.

About AMAG
AMAG is a biopharmaceutical company focused on developing and delivering important therapeutics, conducting clinical research in areas of unmet need and creating education and support programs for

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the patients and families we serve. Our currently marketed products support the health of patients in the areas of women's health, anemia management and cancer supportive care. Through CBR®, we also help families to preserve newborn stem cells, which are used today in transplant medicine for certain cancers and blood, immune and metabolic disorders, and have the potential to play a valuable role in the ongoing development of regenerative medicine. For additional company information, please visit www.amagpharma.com.


Forward-Looking Statements

This press release contains forward-looking information about AMAG Pharmaceuticals, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Any statements contained herein which do not describe historical facts, including, among others, beliefs regarding the ability of AMAG’s current team to execute its next stage of growth, beliefs that the implementation of AMAG’s strategic plan is on track and expectations that the commercial leadership changes will drive future growth in maternal and women’s health are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those discussed in such forward-looking statements.

Such risks and uncertainties include, among others, risks identified in AMAG’s Securities and Exchange Commission (“SEC”) filings, including its Annual Report on Form 10-K for the year ended December 31, 2016, and subsequent filings with the SEC. AMAG cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. AMAG disclaims any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

AMAG Pharmaceuticals® is a registered trademark of AMAG Pharmaceuticals, Inc. Makena® is a registered trademark of AMAG Pharmaceuticals IP, Ltd. Cord Blood Registry® is a registered trademark of CBR Systems, Inc. RekyndaTM is a trademark of Palatin Technologies, Inc. IntrarosaTM is a trademark of Endoceutics, Inc.

CONTACTS:
Investors:
Linda Lennox
Vice President, Investor Relations
908-627-3424

Media:
Katie Payne
Vice President, External Affairs
202-669-6786




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