form8_k42909.htm

UNITED STATES
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 29, 2009
 
Progenics Pharmaceuticals, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
 
000-23143
 
13-3379479
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
         
777 Old Saw Mill River Road, Tarrytown, New York
 
10591
(Address of principal executive offices)
 
(Zip Code)
Registrant's telephone number, including area code (914) 789-2800 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

 

 
Item 8.01. Other Events.

Wyeth Pharmaceuticals, a division of Wyeth (NYSE:  WYE), with which Progenics Pharmaceuticals, Inc. (Nasdaq:  PGNX) collaborates in the development and commercialization of RELISTOR, has informed Progenics that global net sales of RELISTOR for the current year through the first quarter of 2009 were $1.9 million.  RELISTOR sales are growing from a modest base as Wyeth works to build awareness of its utility in addressing opioid-induced constipation in palliative care and pursues opportunities to expand its use into additional patient settings.  New educational and promotional programs are ongoing, including focused regional initiatives implemented with physicians, caregivers and nurses. To date, RELISTOR has been launched in 19 markets including the U.S., Canada, 14 European Union member states, Australia, Venezuela and Chile.  Launches are planned for 2009 in 13 additional markets, including Spain, Italy, France, Argentina and Brazil, the largest individual markets after the U.S.



 
 

 

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.
 
 
                      PROGENICS PHARMACEUTICALS, INC.
                      By:  /s/ ROBERT A. MCKINNEY                     
                  Robert A. McKinney
                                                              Chief Financial Officer, Senior Vice President,
                                                                  Finance & Operations and Treasurer
 
 
 
Date:  April 29, 2009