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RGLS > SEC Filings for RGLS > Form 8-K on 11-Mar-2014All Recent SEC Filings

Show all filings for REGULUS THERAPEUTICS INC.

Form 8-K for REGULUS THERAPEUTICS INC.


11-Mar-2014

Termination of a Material Definitive Agreement, Change in Directors or


Item 1.02 Termination of a Material Definitive Agreement.

On March 10, 2014, we provided written notice to New York University ("NYU") of our decision to terminate our license agreement with NYU dated March 28, 2011 (the "Agreement") as a result our determination in conjunction with our collaborator, AstraZeneca AB, that the development of products encompassing the NYU patents licensed to us under the Agreement is unfeasible due to competition in these therapeutic areas. The Agreement relates to our use of certain NYU patent rights covering microRNA 33 inhibitors for the treatment of atherosclerosis plaque and/or other metabolic disorders. The termination will become effective 60 days following the date on which our written notice is deemed effective under the Agreement. Upon termination of the Agreement, all rights in and to the NYU patent rights licensed to us under the Agreement will revert to NYU.



Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)

On March 10, 2014, John Maraganore, Ph.D., informed our Board of Directors of his decision not to stand for re-election as a director. Dr. Maraganore will continue to serve as a director until our 2014 Annual Meeting of Stockholders.


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