COLLEGIUM PHARMACEUTICAL,INC. (NASDAQ:COLL) Files An 8-K Results of Operations and Financial Condition

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COLLEGIUM PHARMACEUTICAL,INC. (NASDAQ:COLL) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.

On August9, 2017, Collegium Pharmaceutical,Inc. issued a press release announcing its financial results for the quarterly period ended June30, 2017. The full text of the press release issued in connection with the announcement is attached hereto as Exhibit99.1 and is being furnished, not filed, under Item 2.02 of this Current Report on Form8-K.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August9, 2017, the Board of Directors (the “Board”) of Collegium Pharmaceutical,Inc. (the “Company”) appointed Gwen A. Melincoff as a member of the Board, effective immediately. Ms.Melincoff will serve as a ClassIII director, with an initial term expiring at the next annual meeting of shareholders in 2018.

Ms.Melincoff has over 25 years of leadership experience in the biotechnology and pharmaceutical industries. Ms.Melincoff is currently managing director at Gemini Advisors LLC and an advisor to Phase 1 Ventures and Verge Genomics. From August2014 to September2016, she served as Vice President of Business Development at BTG International Inc., a UK-specialist healthcare company. From September2004 to the December2013, Ms.Melincoff was Senior Vice President of Business Development at Shire Plc. In addition, from 2010 to 2013, she led the Shire Strategic Investment Group, the venture capital arm of Shire Plc. Prior to joining Shire Plc, Ms.Melincoff held managerial and business development position at various pharmaceutical companies, such as Adolor Corporation.

Ms.Melincoff currently serves on the boards of Kamada Ltd. (Nasdaq: KMDA) and Photocure ASA. Previously, she served as a board member or observer on the boards of Tobira Therapeutics (acquired by Allergan), DBV Technologies, AM Pharma, ArmaGen Technologies, Promethera Biosciences, Naurex Inc. (acquired by Allergan) and Enterome. Ms.Melincoff holds a B.S. in Biology from The George Washington University and an M.S. in Management and Health Care Administration from Pennsylvania State University. Ms.Melincoff has also attained the designation of Certified Licensing Professional (CLP™). Ms.Melincoff was named a “Top Women in Biotech 2013” by Fierce Biotech as well as being named to the Powerlist 100 of Corporate Venture Capital in 2012 and 2013.

Ms.Melincoff’s annual compensation will be consistent with that provided to the Company’s other non-employee directors, as described in the Company’s Definitive Proxy Statement on Schedule 14A, filed with the U. S. Securities and Exchange Commission on April13, 2017, under the heading “Proposal 1: Election of Directors—Corporate Governance—Compensation of Non-Employee Directors.” On August9, 2017, the Company granted to Ms.Melincoff an option to purchase shares of common stock of the Company with a fair market value of $185,000 that vests and becomes exercisable on August9, 2018, subject to Ms.Melincoff’s continued service as a director of the Company.

In addition, Ms.Melincoff entered into an indemnification agreement with the Company effective August9, 2017, substantially in the form of the indemnification agreement entered into between the Company and its other directors and executive officers, previously filed with the U.S. Securities and Exchange Commission on April27, 2015 as Exhibit10.37 to the Company’s Registration Statement on FormS-1/A (File No.333-203208).

There is no arrangement or understanding between Ms.Melincoff and any other persons to which Ms.Melincoff was selected as a director. There are no related party transactions involving Ms.Melincoff that are reportable under Item 404(a)of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits:

ExhibitNo.

Description

99.1

Press Release dated August9, 2017.


COLLEGIUM PHARMACEUTICAL, INC Exhibit
EX-99.1 2 a17-19949_1ex99d1.htm EX-99.1 Exhibit 99.1     Collegium Reports Second Quarter Financial Results and Provides Corporate Update   ·                  Collegium strengthens leadership team with key additions to executive team and Board of Directors   ·                  Xtampza ER prescriptions grow by 34% in the second quarter   ·                  Xtampza ER Notice of Allowance granted and,…
To view the full exhibit click here

About COLLEGIUM PHARMACEUTICAL,INC. (NASDAQ:COLL)

Collegium Pharmaceutical, Inc. is a specialty pharmaceutical company. The Company focuses on developing and commercializing abuse-deterrent products that incorporate its DETERx platform technology for the treatment of chronic pain and other diseases. The Company’s lead product candidate, Xtampza ER (Xtampza), is an abuse-deterrent, extended-release, oral formulation of oxycodone, a prescribed opioid medication. The Company’s DETERx platform technology is designed to maintain the extended-release and safety profiles of highly abused drugs in the face of various methods of abuse and tampering, including chewing, crushing and/or dissolving, and then taking them orally or snorting or injecting them. It also focuses on development program for COL 195, an abuse deterrent, extended release hydrocodone for the treatment of chronic pain. It is focusing on COL 171, a preclinical DETERx extended release, abuse deterrent methylphenidate formulation for the treatment of ADHD.