Unassociated 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): June 18, 2010
ORAMED
PHARMACEUTICALS INC.
(Exact
name of registrant as specified in its charter)
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Nevada
(State
or other jurisdiction
of
incorporation)
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000-50298
(Commission
File Number)
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98-0376008
(IRS
Employer
Identification
No.)
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Hi-Tech
Park 2/5 Givat Ram
PO
Box 39098
Jerusalem,
Israel 91390
(Address
of principal executive offices and zip code)
Registrant’s
telephone number, including area code: 972-2-566-0001
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):
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))
On June
2, 2010, Oramed Pharmaceuticals Inc. issued a form 8-K announcing that its
subsidiary, Oramed Ltd, entered into a joint venture agreement with Laser Detect Systems
Ltd. ("Laser
Detect"), an Israeli company listed on the Tel Aviv Stock Exchange, for
the establishment of a new company to be called Entera Bio Ltd. ("Entera").
Entera's Chief Executive Officer, Dr. Phillip Schwartz had started privately
working on the technology, and after the closing, will be reimbursed by Entera.
The technology will be transferred to Entera upon the closing of the
transaction.
Dr.
Schwartz and his team commenced animal trials (pigs) for research the treatment
of osteoporosis.
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.
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ORAMED PHARMACEUTICALS
INC.
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Dated:
June 18, 2010
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By:
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/s/
Nadav Kidron
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Nadav
Kidron
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President,
CEO and Director
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