SYNAPTIC PHARMACEUTICAL CORP
8-K, 1998-01-09
COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH
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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): January 9, 1998

                       SYNAPTIC PHARMACEUTICAL CORPORATION
               (Exact Name of Registrant as Specified in Charter)

                                    Delaware
                 (State or Other Jurisdiction of Incorporation)

                   0-27324                      22-285-9704
          (Commission File Number)   (I.R.S. Employer Identification No.)

                                215 College Road
                         Paramus, New Jersey 07652-1431
          (Address of principal executive offices, including zip code)

       Registrant's telephone number, including area code: (201) 261-1331




                                Page 1 of 3 Pages

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Item 5.  Other Events

         The Company, in collaboration with Eli Lilly and Company ("Lilly"),  is
currently  conducting drug discovery  programs  focused on a number of serotonin
receptor subtypes and therapeutic applications. The current status of certain of
these programs is summarized in the following table:

Program(1)    Receptor(s)     Primary Indication(s)      Status(2)
- -------------------------------------------------------------------------------
Serotonin     1F              Acute Migraine             Phase II Clinical
              2B              Migraine Prophylaxis       Late Preclinical
              __(3)           Depression                 Late Preclinical
              1A              Smoking Cessation          Early Preclinical
              2C              Obesity                    Early Preclinical

(1)      The  Company  is  working  with Lilly on  receptor  and drug  discovery
         programs in addition to those  programs  referenced in the above table.
         In general, the drug discovery and receptor discovery programs that are
         specifically  referenced in the above table are at more advanced stages
         of development than those that are not  specifically  referenced in the
         table.

(2)      "Early Preclinical" refers to the stage at which one or more leads have
         been  identified  and are  being  tested  in in vitro or in vivo  model
         systems for one or more indications.  In addition,  at this stage, lead
         compounds  may have been shown to be active in animal models for one or
         more  indications  and  preliminary   toxicology  and  pharmacokinetics
         studies will also have been concluded.

         "Late  Preclinical"  refers to the stage at which a clinical  candidate
         has been selected, scale-up of such candidate is underway or completed,
         and toxicology and pharmacokinetics studies are planned or underway.

         "Phase II  Clinical"  refers to the stage at which a drug  candidate is
         administered  to  a  small  sample  of  the  actual  intended   patient
         population to seek to assess the efficacy of the drug candidate for the
         specific  targeted  indication,  to determine  dose  tolerance  and the
         optimal  dose range and to gather  additional  information  relating to
         safety and potential adverse effects.

(3) This information is confidential to the Company and Lilly.


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<PAGE>



                                   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.

Date:  January 9, 1998
                              SYNAPTIC PHARMACEUTICAL CORPORATION
                              (Registrant)


                              By:/s/ Kathleen P. Mullinix
                                 ----------------------------------
                                 Name:  Kathleen P. Mullinix
                                 Title:  President and Chief Executive Officer


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<PAGE>


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