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 7, 2011
INOVIO PHARMACEUTICALS, INC.
(Exact name of registrant as specified in its charter)
Delaware | 001-14888 | 33-0969592 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
1787 Sentry Parkway West Building 18, Suite 400 Blue Bell, Pennsylvania |
19422 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (267) 440-4200
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:
¨ 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 1.01. | Entry into a Material Definitive Agreement. |
On October 7, 2010, we entered into a Collaborative Development and License Agreement (the Agreement) with our affiliate VGX International (VGX Intl). Under the Agreement, we and VGX Intl will co-develop our SynCon® therapeutic vaccines for hepatitis B and C infections (the Products).
Under the terms of the agreement, VGX Intl will receive marketing rights for the Products in Asia, excluding Japan, and in return will fully fund IND-enabling and initial Phase I and II clinical studies with respect to the Products. We will receive from VGX Intl payments based on the achievement of clinical milestones and royalties based on sales of the Products in the licensed territories, retaining all commercial rights to the Products in all other territories.
The term of the Agreement commenced upon execution and will terminate, unless earlier terminated upon the occurrence of certain events as described in the Agreement, upon the later of: (a) the expiration or abandonment of the last patent that is component of our patent rights, as defined in the Agreement, or (b) 20 years after the commencement date.
Item 9.01. | Financial Statements and Exhibits. |
Exhibit No. |
Exhibit Description | |
99.1 | Press Release of Inovio Pharmaceuticals, Inc. dated October 10, 2011. |
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.
INOVIO PHARMACEUTICALS, INC. | ||
By: | /s/ Peter Kies | |
Peter Kies, Chief Financial Officer |
Date: October 11, 2011
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