Add
QCOR to Portfolio
Set Alert
Email to a
Friend
| |||
|
|
Quotes & Info
|
| QCOR > SEC Filings for QCOR > Form 8-K on 18-Jan-2013 | All Recent SEC Filings |
18-Jan-2013
Completion of Acquisition or Disposition of Assets, Financial Statem
On January 4, 2013, Questcor Pharmaceuticals, Inc. ("Questcor") filed a Current Report on Form 8-K disclosing that on January 2, 2013, Questcor and its wholly owned subsidiary ("Acquisition Co."), entered into a Share Purchase Agreement (the "Agreement") to acquire all of the issued and outstanding shares of BioVectra Inc. ("BioVectra"). The purchase price consists of approximately C$50.0 million in cash at the closing plus up to an additional C$50.0 million in cash tied to the future performance of BioVectra.
Located in Prince Edward Island, Canada, BioVectra is a manufacturer to many of the pharmaceutical industry's leading pharmaceutical companies. BioVectra manufactures the active pharmaceutical ingredient in Questcor's H.P. ActharŽ Gel (repository corticotropin injection).
On January 18, 2013, Questcor and the other parties to the Agreement closed the transaction and BioVectra became a wholly-owned subsidiary of Acquisition Co.
The description of the Agreement included in the Current Report on Form 8-K filed on January 4, 2013 is hereby incorporated by reference. Such description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement, which will be filed as an exhibit to Questcor's Annual Report on Form 10-K for the year ended December 31, 2012.
(a) Financial Statements of Business Acquired.
BioVectra's audited financial statements as of and for the year ended August 31, 2012 will be filed by amendment to this Current Report within 71 calendar days after the date this Current Report on Form 8-K is required to be filed.
BioVectra's unaudited financial statements as of and for the three months ended November 30, 2012 and November 30, 2011, respectively, will be filed by amendment to this Current Report within 71 calendar days after the date this Current Report on Form 8-K is required to be filed.
(b) Pro Forma Financial Information.
Pro forma financial information will be filed by amendment to this Current Report within 71 calendar days after the date this Current Report on Form 8-K is required to be filed.
|
|