Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
RPBC > SEC Filings for RPBC > Form 8-K on 5-Dec-2013All Recent SEC Filings

Show all filings for REDPOINT BIO CORP

Form 8-K for REDPOINT BIO CORP


5-Dec-2013

Other Events


Item 8.01. Other Events.

On December 2, 2013, Redpoint Bio Corporation, a Delaware corporation (the "Company") received Two Hundred Twenty Five Thousand Dollars ($225,000) in satisfaction of certain milestone payment obligations set forth in that certain Transfer Agreement and Bill of Sale (the "Transfer Agreement"), dated May 23, 2013, entered into by and between the Company and Janssen Pharmaceuticals, Inc., a Pennsylvania corporation ("Janssen"). Pursuant to the terms and conditions of the Transfer Agreement, the Company agreed to transfer to Janssen its right, title and interest in all of its assets associated with its research programs concerning transient receptor potential channel type M5 (Trp-M5) in consideration of up to Three Hundred Thousand Dollars ($300,000) (the "Total Consideration"). Janssen paid Seventy-Five Thousand Dollars ($75,000) of the Total Consideration to the Company at the time the Transfer Agreement was entered into and the remainder was to be paid upon the achievement of certain milestones.

  Add RPBC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for RPBC - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.