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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):April 11, 1997
NeoRx Corporation
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(Exact name of registrant as specified in its charter)
Washington 0-16614 91-1261311
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State or other jurisdiction Commission File Number (I.R.S. Employer
of incorporation Identification No.)
410 W. Harrison
Seattle, Washington 98119-4007
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number (including area code): (206) 281-7001
Not Applicable
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(Former name or former address, if changed since last report)
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Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On April 4, 1997, the Registrant's Board of Directors, at the
recommendation of its Audit Committee, terminated the engagement of Arthur
Andersen LLP as the Registrant's certifying accountants.
The report of Arthur Andersen LLP on the Registrant's financial
statements for either of the last two fiscal years did not contain any adverse
opinion or a disclaimer of opinion and was not qualified or modified as to
uncertainty, audit scope, or accounting principles.
During the Registrant's two most recent fiscal years and subsequent
interim periods preceding the date of termination of the engagement of Arthur
Andersen LLP, the Registrant was not in disagreement with Arthur Andersen LLP on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement, if not resolved
to the satisfaction of Arthur Andersen LLP, would have caused Arthur Andersen
LLP to make reference to the subject manner of the disagreement in connection
with its report.
The required letter from Arthur Andersen LLP with respect to the
above statements made by the Registrant will be filed as an exhibit hereto.
(b) On April 4, 1997, the Registrant's Board of Directors, at the
recommendation of its Audit Committee, engaged KPMG Peat Marwick LLP subject to
the completion by KPMG Peat Marwick LLP of their normal client acceptance
procedures, as the Registrant's certifying accountants. The Registrant has not
consulted with KPMG Peat Marwick LLP during its two most recent fiscal years nor
during any subsequent interim period prior to its engagement regarding the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Registrant's financial statements.
Item 7. FINANCIAL STATEMENTS, PRO FORMA INFORMATION AND EXHIBITS
(a) Financial Statements of Business Acquired.
None
(b) Pro Forma Financial Information.
None
(c) Exhibits.
16.1 Letter regarding Change in Certifying Accountant
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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.
NeoRx Corporation
DATE: April 11, 1997 By:/S/ RICHARD L. ANDERSON
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Sr. Vice President, Chief Financial
Officer, Secretary and Treasurer
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Exhibit 16.1
ARTHUR
ANDERSEN
April 11, 1997
Mr. Michael Sutton
Office of the Chief Accountant
United State Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Mr. Sutton:
We have read the information and the Relationship with Auditor paragragh
included in the attached proxy dated April 8, 1997 and Item 4 included in
the attached Form 8-K dated April 11, 1997 of NeoRx Corporation filed
with the United States Securities and Exchange Commission and are in
agreement with the statements contained therein.
Very truly yours,
/s/Arthur Andersen LLP
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Copies to:
Mr. Richard L. Anderson, NeoRx Corporation
