Item 1.01. Entry into a Material Definitive Agreement.
On September 30, 2009, American Medical Systems, Inc., (AMS) a wholly owned
subsidiary of American Medical Systems Holdings, Inc. and Conceptus, Inc.
(Conceptus) entered into an Asset Purchase Agreement, dated September 30, 2009,
providing for the sale by AMS of its female sterilization assets and technology
(Ovion technology) to Conceptus for $23.6 million. As a result of the Asset
Purchase Agreement, and separate agreements completed with third parties, AMS
eliminated all existing and potential obligations and liabilities under previous
agreements associated with the Ovion technology. The Asset Purchase Agreement
also releases Conceptus from any future royalty obligations to AMS.
Section 9 - Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release issued by American Medical Systems Holdings, Inc. dated
October 5, 2009. (filed herewith).
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