NEKTAR THERAPEUTICS (NASDAQ:NKTR) Files An 8-K Regulation FD DisclosureItem 7.01.Regulation FD Disclosure
On August 23, 2017, Nektar Therapeutics ("Nektar") and Eli Lilly and Company received notice of early termination of the waiting period under the Hart-Scott-Rodino Act in connection with their License Agreement to co-develop Nektar's proprietary product candidate NKTR-358, which is an investigational compound that is a potential immunological therapeutic targeting the interleukin receptor complex. Expiration of the waiting period triggers the effectiveness of the License Agreement and the non-refundable up-front payment to Nektar of $150 million. Please refer to the Form 8-K Current Report filed by Nektar with the Securities and Exchange Commission on July 24, 2017, for a description of the License Agreement between Nektar and Eli Lilly and Company.
About NEKTAR THERAPEUTICS (NASDAQ:NKTR)
Nektar Therapeutics is a biopharmaceutical company. The Company is engaged in the development of a pipeline of drug candidates that utilize its PEGylation and advanced polymer conjugate technology platforms, which are designed to enable the development of new molecular entities that target known mechanisms of action. The Company’s pipeline consists of drug candidates for therapeutic areas, including oncology, pain, anti-infectives and immunology. The Company’s drugs include MOVANTIK (naloxegol) tablets, MOVENTIG, AdYnoVATE, NKTR-102 (next-generation topoisomerase I inhibitor), BAY41-6551 (Amikacin inhale, formerly NKTR-061), NKTR-181 (orally-available mu-opioid analgesic molecule), NKTR-102, NKTR-214 and MoVAnTiK fixed-dose combinations (opioid/naloxegol combinations). Its drugs also include Neulasta (pegfilgrastim), PEGASYS (peginterferon alfa-2a), PEG-INTRON (peginterferon alfa-2b), Somavert (pegvisomant) and Macugen (pegaptanib sodium injection).
