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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):
June 2, 1999
ROBERTS PHARMACEUTICAL CORPORATION
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(exact name of registrant as specified in its charter)
New Jersey 1-1-432 22-2429994
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(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: 732-676-1200
(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 announced today that Ronald
M. Nordmann has joined the Company's Board of Directors. Roberts Board of
Directors consists of nine members with Mr. Nordmann joining as the seventh
outside director.
Since 1994, Mr. Nordmann has been a Partner and Portfolio Manager with
Deerfield Management, a large health care investment fund. Additional wall
street experience includes: Managing Director, Senior Healthcare Analyst with
Paine Webber Inc. and Senior Vice President, Senior Healthcare Analyst with
Oppenheimer & Co. Prior to joining the financial community, Mr. Nordmann served
as Manager, Marketing Research for the Warner-Lambert Co. (Warner-Chilcott
Laboratories). He received a BA degree in Business and Industrial Management
from Johns Hopkins University and a MBA degree, Magna Cum Laude, from Fairleigh
Dickinson University.
Roberts stated that with Mr. Nordmann's experience in the pharmaceutical
industry and financial community, his election to the Board reflects Roberts'
continued commitment to the growth of operations and to the enhancement of
shareholder value.
At the annual meeting of shareholders held on May 27, 1999, in addition
to Mr. Nordmann's election to Roberts' Board, shareholders also re-elected the
Honorable Marilyn Lloyd, Messrs. Digby Barrios, Zola Horovitz, Joseph Noonburg,
Joseph Smith, and Robert Vukovich as outside Directors. Mr. John Spitznagel,
Roberts' President and CEO, and Mr. Robert Loy, Executive Vice President of
Operations, were also re-elected to the Board.
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: June 3, 1999 /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.
