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):  October 29, 2009
 
Idenix Pharmaceuticals, Inc.
(Exact Name of Registrant as Specified in Charter)
 
Delaware
000-49839
45-0478605
(State or Other Juris-
diction of Incorporation
(Commission
File Number)
(IRS Employer
Identification No.)
     
60 Hampshire Street
Cambridge, MA
02139
(Address of Principal Executive Offices)
(Zip Code)
 
Registrant’s telephone number, including area code:  617-995-9800
 
(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 ( 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 2.02.  Results of Operations and Financial Condition

On October 29, 2009, Idenix Pharmaceuticals, Inc. (the “Company”) announced its financial results for the quarter ended September 30, 2009.  The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

On October 29, 2009, the Company also announced that Novartis Pharma AG, its collaboration partner, has notified the Company that it has decided not to exercise its option to license IDX184, a novel liver-targeted prodrug of 2'-methyl guanosine nucleotide, for the treatment of HCV.  As a result, the Company retains the worldwide rights to develop, commercialize and license IDX184 without any further obligation to Novartis. The Company plans to seek a partner that will assist in the further development and commercialization of the drug candidate. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

The information in the first paragraph of this Form 8-K and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (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 of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
 
Item 9.01.  Financial Statements and Exhibits

(d) 
Exhibits

The following exhibit relating to Item 2.02 shall be deemed to be furnished, and not filed:

99.1  
Press Release, “Idenix Pharmaceuticals Reports Third Quarter and Nine Month 2009 Financial Results,” dated October 29, 2009.
99.2  
Press Release, “Idenix Retains Worldwide Rights to Develop and Commercialize IDX184 for the Treatment of HCV,” dated October 29, 2009
 

 
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.
 

 
Idenix Pharmaceuticals, Inc.
 
       
Date:  October 29, 2009
By:
/s/ Ronald C. Renaud, Jr.  
   
Ronald C. Renaud, Jr.
Chief Financial Officer
 
 

 
EXHIBIT INDEX
 
Exhibit No.
Description
   
99.1
Press release “Idenix Pharmaceuticals Reports Third Quarter and Nine Month 2009 Financial Results,” dated October 29, 2009.
   
99.2
Press Release, “Idenix Retains Worldwide Rights to Develop and Commercialize IDX184 for the Treatment of HCV,” dated October 29, 2009.
 

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