SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 205249
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) April 19, 1996
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Protein Databases, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-17032 13-3186604
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File number) Identification No.)
405 Oakwood Road, Huntington Station, NY 11746
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(Address of principal executive offices) (Zip Code)
(516) 673-3939
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(Registrants's telephone number, including area code)
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(Former name, former address and former fiscal year,
if changed since last report)
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Item 5. Other Events
Distribution Agreements
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On April 19, 1996 the Registrant was informed by Pharmacia Biosystems
B.V. and Pharmacia Biotech AB ("Pharmacia") that Pharmacia has selected
another company to supply them with image analysis software systems.
Pharmacia accounted for 29% and 42% of the Registrant's total revenues in
1995 and 1994, respectively, and has no further obligations to make purchases
of the Registrant's products.
The Registrant is attempting to arrange one or more suitable alternative
distribution arrangements for its products; however, if the Registrant is not
successful in completing such arrangements, the Registrant's sales in 1996
will be materially and adversely affected and the Registrant will not operate
profitably.
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Signatures
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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.
Protein Databases, Inc.
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(Registrant)
Dated April 23, 1996 s/s Alan P. Chodosh
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Alan P. Chodosh
Vice President of Finance
(Principal Financial and
Accounting Officer)
