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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For
the month of June 2009
Commission File Number 000-28508
Flamel Technologies S.A.
(Translation of registrants name into English)
Parc Club du Moulin à Vent
33 avenue du Dr. Georges Levy
69693 Vénissieux Cedex France
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.
Indicate by check mark whether registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
If Yes is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82-
INFORMATION FILED WITH THIS REPORT
Document Index
99.1
Press release regarding results of annual meeting, dated June 24, 2009.
99.2
Press release regarding two new feasibility projects, dated June 25, 2009.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Flamel Technologies S.A. |
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Dated:
June 25, 2009
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By:
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/s/ Stephen H. Willard
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Name:
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Stephen H. Willard
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Title:
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Chief Executive Officer |
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EXHIBIT INDEX
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Exhibit |
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Number |
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Description |
99.1
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Press release regarding results of annual meeting, dated June 24, 2009.
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99.2
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Press release regarding two new feasibility projects,
dated June 25, 2009.
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exv99w1
Exhibit 99.1
Flamel Technologies Announces Results of Annual Meeting
Lyon, France June 24, 2009 Flamel Technologies S.A. (NASDAQ: FLML) today announced
the results of its annual meeting held on June 24, 2009. The election of each member of the Board
of Directors of the Company for a further one-year term was approved by holders of more than 99% of
the Companys shares. Each additional resolution proposed favorably by management at the meeting
was approved overwhelmingly.
As a consequence, shareholders re-elected Flamels Board of Directors. Mr. Elie Vannier, Senior
Advisor and Operating Partner at Oaktree Capital Management, will continue to serve as the
Companys non-Executive Chairman. Also re-elected to the Companys Board of Directors were: Mr.
Lodewijk J.R. deVink, former Chairman and Chief Executive Officer of Warner Lambert; Dr.Frank
Fildes, former Senior Vice President: Head of Global Development for AstraZeneca; Mr. Frederic
Lemoine, Chairman of the Executive Board of Wendel, Mr. John Vogelstein, former President of
Warburg Pincus; and Mr. Stephen H. Willard, Flamels Chief Executive Officer.
We are pleased to have the strong support of our shareholders, said Mr. Elie Vannier,
non-Executive Chairman of Flamel. Flamel has considerably strengthened its revenue base and its
growth prospects over the past year. We are now working with partners on applications of the Medusa
platform to marketed molecules which had 2008 sales of $13 billion. And there are other Medusa
projects already signed. Our current Micropump programs also show great promise, especially as we
believe that these projects will potentially have a faster access to market. All told, the Company
is now working on eighteen programs with leading pharmaceutical and biotechnology partners. These
relationships are well diversified across platforms, therapeutic areas, indications, and molecules.
Revenues from these relationships are significantly contributing to our financial results and we
expect that these contributions will increase through the rest of the year.
Flamel Technologies, S.A. is a biopharmaceutical company principally engaged in the development of
two unique polymer-based delivery technologies for medical applications. Micropump is a controlled
release and taste-masking technology for the oral administration of small molecule drugs. Flamels
Medusa technology is designed to deliver controlled-release formulations of therapeutic proteins,
peptides, and other molecules.
Contact:
Charles Marlio, Director of Strategic Planning and Investor Relations
(011) 33-4-7278-3434
(011) 33-4-7278-3435
Marlio@flamel.com
This document contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including certain plans, expectations, goals and projections
regarding financial results, product developments and technology platforms. All statements that
are not clearly historical in nature are forward-looking, and the words anticipate, assume,
believe, expect, estimate, plan, will, and similar expressions are generally intended to
identify forward-looking statements. All forward-looking statements involve risks, uncertainties
and contingencies, many of which are beyond our control, that could cause actual results to differ
materially from those contemplated in
such forward-looking statements. These risks include risks that products in the development stage
may not achieve scientific objectives or milestones or meet stringent regulatory requirements,
uncertainties regarding market acceptance of products in development, the impact of competitive
products and pricing, and the risks associated with Flamels reliance on outside parties and key
strategic alliances. These and other risks are described more fully in Flamels Annual Report on
the Securities and Exchange Commission Form 20-F for the year ended December 31, 2008. All
forward-looking statements included in this release are based on information available at the time
of the release. We undertake no obligation to update or alter our forward-looking statements as a
result of new information, future events or otherwise.
exv99w2
Exhibit 99.2
Flamel Technologies Announces Two New Feasibility Agreements
Lyon, France June 25, 2009 Flamel Technologies S.A. (NASDAQ: FLML) today announced
that it has entered into two new feasibility agreements to apply its Medusa® platform with two
additional companies. One program is designed to deliver a controlled release of a marketed
hormone; the other is a Medusa formulation of a therapeutic peptide. The Company is currently
working on nineteen feasibility programs with fifteen partner companies. These products are in
addition to the new product collaborations announced earlier this week.
Stephen H. Willard, Flamel Technologies chief executive officer, commented, With these two new
agreements, we are continuing to diversify our revenue base and add additional potential catalysts
for substantial growth in the years to come. Our success in executing this diversified strategy is
a testament to the strength of our drug delivery technology, which offers many advantages beyond
control release. These include the ability to dramatically increase solubility, side-effect
reduction, and the ability to deliver drugs which can not currently be delivered by other methods.
Our financial model is quite efficient, and it is intended to drive significant value for
shareholders as these programs progress.
Flamel Technologies, S.A. is a biopharmaceutical company principally engaged in the development of
two unique polymer-based delivery technologies for medical applications. Micropump is a controlled
release and taste-masking technology for the oral administration of small molecule drugs. Flamels
Medusa technology is designed to deliver controlled-release formulations of therapeutic proteins,
peptides, and other molecules.
Contact:
Charles Marlio, Director of Strategic Planning and Investor Relations
(011) 33-4-7278-3434
(011) 33-4-7278-3435
Marlio@flamel.com
This document contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including certain plans, expectations, goals and projections
regarding financial results, product developments and technology platforms. All statements that
are not clearly historical in nature are forward-looking, and the words anticipate, assume,
believe, expect, estimate, plan, will, and similar expressions are generally intended to
identify forward-looking statements. All forward-looking statements involve risks, uncertainties
and contingencies, many of which are beyond our control, that could cause actual results to differ
materially from those contemplated in such forward-looking statements. These risks include risks
that products in the development stage may not achieve scientific objectives or milestones or meet
stringent regulatory requirements, uncertainties regarding market acceptance of products in
development, the impact of competitive products and pricing, and the risks associated with Flamels
reliance on outside parties and key strategic alliances. These and other risks are described more
fully in Flamels Annual Report on the Securities and Exchange Commission Form 20-F for the year
ended December 31, 2008. All forward-looking statements included in this release are based on
information available at the time of the release. We undertake no obligation to update or alter
our forward-looking statements as a result of new information, future events or otherwise.