QUIDEL CORP /DE/
8-K, 2000-12-22
IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES
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                       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):        DECEMBER 8, 2000
                                                 ------------------------------



                               QUIDEL CORPORATION
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             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

DELAWARE                              0-10961                  94-2573850
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(STATE OR OTHER JURISDICTION OF      (COMMISSION           (I.R.S. EMPLOYER
INCORPORATION)                       FILE NUMBER)          IDENTIFICATION NO.)


10165 McKellar Court
San Diego, Ca                                                  92121
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                     (ZIP CODE)


REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:  (858) 552-1100


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          (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)


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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.

     (a)  On December 8, 2000, Quidel Corporation ("Quidel") completed its
acquisition of Litmus Concept's, Inc. ("Litmus"), a privately held in-vitro
diagnostics company focused on the development and manufacture of diagnostic
products for the women's health market. As consideration for the acquisition
of Litmus, Quidel issued approximately 3,250,000 shares of its common stock
to Litmus shareholders and certain optionholders for an aggregate purchase
price of approximately $17,500,000, which is based on a value of $5.375 per
share of Quidel common stock. Also, in conjunction with the acquisition,
Quidel paid $1,000,000 to one of the preferred shareholders of Litmus, for
rights to co-exclusively license Litmus products within the United States and
Canada.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     (a) and (b)     Quidel Corporation will provide financial statements and
pro forma financial information not later than 60 days after the date that
this Form 8-K is filed.

     (c)             Pursuant to General Instruction F of Form 8-K, the
following documents are incorporated by reference herein and attached as an
exhibit hereto:

                EXHIBIT    DESCRIPTION

                   2.1   Agreement and Plan of Merger dated as of October 30,
                         2000, among Litmus Concepts, Inc., Quidel Corporation,
                         and Litmus Acquisition Corporation, as amended by that
                         certain Amendment dated as of December 7, 2000.

                  99.1   Quidel Corporation press release of October 31, 2000,
                         regarding the signing of a definitive agreement to
                         acquire Litmus Concepts, Inc.

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                  99.2   Quidel Corporation press release of December 11, 2000,
                         regarding the completion of the acquisition of Litmus
                         Concepts, Inc.



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                                   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.

                                         Quidel Corporation
                                         (Registrant)

Date: December 22, 2000                  By: /s/ CHARLES J. CASHION
                                            -----------------------------------
                                                        (Signature)

                                            Name:    Charles J. Cashion
                                            Title:   Senior Vice President,
                                                     Corporate Operations,
                                                     Chief Fianacial Officer and
                                                     Secretary


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                               QUIDEL CORPORATION

                                INDEX TO EXHIBITS


EXHIBIT
NUMBER                              EXHIBIT

    2.1         Agreement and Plan of Merger dated as of October 30, 2000, among
                Litmus Concepts, Inc., Quidel Corporation, and Litmus
                Acquisition Corporation, as amended by that certain Amendment
                dated as of December 7, 2000.

   99.1         Quidel Corporation press release of October 31, 2000, regarding
                the signing of a definitive agreement to acquire Litmus
                Concepts, Inc.

   99.2         Quidel Corporation press release of December 11, 2000, regarding
                the completion of the acquisition of Litmus Concepts, Inc.



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