Item 8.01 Other Events.
On September 14, 2009, Gen-Probe Incorporated ("Gen-Probe") announced the
spin-off of its industrial testing assets, including the Closed Unit Dose Assay
("CUDA") system, to Roka Bioscience, Inc. ("Roka"), a newly formed private
company. In consideration for its contribution of assets, Gen-Probe received
shares of preferred stock, representing 19.9% of Roka's capital stock on a fully
diluted basis. In connection with the transaction, eighteen former Gen-Probe
employees accepted employment with Roka. Gen-Probe will provide contract
manufacturing and certain other services to Roka on a transitional basis and has
agreed to lease a portion of Gen-Probe's San Diego headquarters facility to Roka
on a temporary basis.
Concurrently with the transaction, Gen-Probe entered into an agreement to
license certain rights to Roka in order for Roka to develop, manufacture and
commercialize CUDA and related nucleic acid tests for biopharmaceutical
production, water and food safety testing, and veterinary, environmental and
bioterrorism testing. Roka also will have rights to develop certain infection
control tests for use on the CUDA system. Under this license agreement,
Gen-Probe will receive royalties on any potential Roka product sales, and retain
rights to use the CUDA system for clinical applications.