Current Report on Form 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): February 11, 1998
INAMED CORPORATION
-----------------------------------------------------------------
(Exact name of registrant as specified in its charter)
FLORIDA 1-9741 59-0920629
-----------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3800 Howard Hughes Parkway, Suite 900 Las Vegas, Nevada 89109
-----------------------------------------------------------------
-----
Address of principal executive offices
Registrant's telephone number, including area code: 702/791-3388
N/A
-----------------------------------------------------------------
-----
(Former name or former address, if changed since last report.)
Item 5. OTHER EVENTS.
On February 11, 1998, INAMED Corporation (the "Issuer")
issued a news release, disclosing that Richard G. Babbitt has
been named Chairman of the Board.
For additional information concerning the new appointment,
reference is made to the news release, which is attached hereto
as an exhibit.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
(c) EXHIBITS
99.1 News Release of INAMED Corporation dated February
11, 1998.
Page 2
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.
INAMED CORPORATION
Dated: February 23, 1998 By: /s/ Richard G. Babbitt
Name: Richard G. Babbitt
Title: Chairman and Chief Executive Officer
Page 3
EXHIBIT INDEX
99.1 News Release of INAMED Corporation dated February 11, 1998
Page 4
Exhibit 99.1
INAMED "Innovation and Medicine" INAMED CORPORATION
3800 Howard Hughes Parkway
Suite 900 Las Vegas, NV 89109
(702) 791-3388
Fax: (702) 791-1922
NEWS RELEASE
FOR IMMEDIATE RELEASE
Company Contact: Richard G. Babbitt (702) 791-3388
INAMED CORPORATION ANNOUNCES NEW CHAIRMAN OF
THE BOARD
LAS VEGAS, NEVADA - February 11, 1998 - INAMED Corporation (OTC
Bulletin Board: IMDC), a global surgical and medical device
company, announced today that Richard G. Babbitt has been elected
Chairman of the Company's Board of Directors.
In connection with this announcement, Donald K. McGhan has
resigned as Chairman of the Board and also as a director,
positions he has held since 1985. Mr. McGhan will continue to
provide the benefit of his knowledge, ideas and experience to the
Company in the non-director capacity of Chairman Emeritus.
Mr. Babbitt recently joined the Company as President and Chief
Executive Officer, and will continue in those positions in
addition to his new position as Chairman.
In making the announcement, outgoing Chairman Donald McGhan
stated "I am pleased that Richard has been able so quickly to
gain the confidence of the Board to be elected and accept the
position of Chairman. I am confident that Richard will lead the
Company to the conclusion of the breast implant litigation and
diversification of the Company's product lines."
In accepting the position, incoming Chairman Richard Babbitt
stated "This is a great opportunity, and I look forward to being
an integral part of INAMED's future."
INAMED Corporation has 26 operating subsidiaries in the United
States, Europe, Mexico, Latin America and Asia. The subsidiaries
are engaged in the development, manufacturing and marketing of
medical devices for the plastic and reconstructive, bariatric and
general surgery markets. INAMED is headquartered in Las Vegas,
Nevada.
# # #
