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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 20, 1998
ROBERTS PHARMACEUTICAL CORPORATION
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(exact name of registrant as specified in its charter)
New Jersey 1-1-432 22-2429994
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
Meridian Center II
4 Industrial Way West
Eatontown, New Jersey 07724
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: 732-389-1182
Meridian Center II
4 Industrial Way West
Eatontown, New Jersey 07724
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(Former name or former address, if changed from last report)
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Item 5. Other Events
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Roberts Pharmaceutical Corporation today announced additions to its U.S.
and Canadian management staffs. The Company has also organized its U.S. sales
and marketing department into separate Rx and Consumer Products Divisions.
Dr. Gene Emmer has joined Roberts at its Eatontown headquarters as Vice
President and General Manager of the newly created Rx Division and will be
responsible for the U.S. sales force, marketing, and managed care strategies.
Dr. Emmer comes to Roberts from Hoffmann-La Roche AG where he served as Head of
Marketing and Sales, Greece; Product Manager, Switzerland; and most recently as
Director responsible for all Roche HIV/AIDS products for the UK market. He holds
a Ph.D. in physiology from the State University of New York (Buffalo), an MBA in
marketing from MIT's Sloan School of Business, and a B.A. in physiology from UC
Berkeley.
Mr. Richard Caulfield has been appointed to the position of Vice
President and General Manager, Consumer Pharmaceutical Products. Mr. Caulfield
will be responsible for U.S. nonprescription sales and marketing and the
functioning of the Company's distribution center in Buffalo Grove, Illinois. A
nine-year veteran with Roberts, Mr. Caulfield served the Company as Director and
Vice President of Sales and Marketing. Prior to joining Roberts, he held senior
sales and marketing positions at Bristol-Myers Squibb. Mr. Caulfield received a
M.S. degree from Wright State University and a B.A. degree from the University
of Cincinnati.
Mr. Gert F. Jurgeneit has joined Roberts as General Manager of Roberts
Pharmaceutical Canada. Mr. Jurgeneit possesses a wealth of pharmaceutical
industry experience and prior to joining Roberts served as President of
International Pharma Consultants and Vice President of Marketing for Wyeth-
Ayerst, Canada.
Mr. Art Woodruff has been appointed to the position of Vice President,
Corporate Development. Mr. Woodruff has more than 30 years of pharmaceutical
experience including the past five years with Roberts Pharmaceutical Canada
where he was instrumental in the growth of that subsidiary's operations. Mr.
Woodruff served as Vice President and in senior sales and marketing positions
with Promocare Resources, Wyeth Canada, and Glaxo Canada. He has a B.S. degree
from the University of British Columbia.
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The Company stated that with the recent purchases of pharmaceutical
manufacturing and distribution facilities plus the sale of their contract
research business, they are positioned for growth as a fully integrated
pharmaceutical company. The organizational announcements made today are in line
with this strategy of focusing resources and management talents on core
operations.
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.
ROBERTS PHARMACEUTICAL CORPORATION
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(Registrant)
Date: May 22, 1998 By: /s/ Anthony A. Rascio
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Anthony A. Rascio
Vice President
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FORWARD LOOKING STATEMENTS
Certain statements included in Item 5 of this form 8-K are intended
to be, and are hereby identified as, forward looking statements for
purposes of the safe harbor provided by Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities Act of
1933, as amended. The Registrant cautions readers that forward looking
statements, including, without limitation, those relating to the
Registrant's future business prospects, revenues, cost of sales,
intangible dispositions and write-offs, continuing operations and
discontinued operations, and liquidity and capital resources, are subject
to certain risks and uncertainties, including, without limitation, the
ability of the Registrant to secure regulatory approval in the United States
and in foreign jurisdictions for the Registrant's developmental pipeline
drugs, the efforts of the Registrant's competitors and the introduction of
rival pharmaceutical products which may prove to be more effective than
the Registrant's products, general market conditions, the availability of
capital, and the uncertainty over the future direction of the healthcare
industry, that could cause actual results to differ materially from those
indicated in the forward looking statements.
