Javelin Pharmaceuticals Announces Termination of Merger Agreement with Myriad Pharmaceuticals, Cancels Special Meeting of Sto...
19 Abril 2010 - 7:50AM
Business Wire
Javelin Pharmaceuticals, Inc. ("Javelin") (NYSE -- Amex: JAV)
today announced that it had terminated its merger agreement with
Myriad Pharmaceuticals, Inc. ("MPI") (Nasdaq: MYRX). As a result of
the termination of the merger agreement, Javelin’s Special Meeting
of Stockholders to vote on the adoption and approval of the merger
agreement with MPI scheduled for April 22, 2010 has been
canceled.
About Javelin Pharmaceuticals
With corporate headquarters in Cambridge, MA, Javelin applies
innovative proprietary technologies to develop new drugs and
improved formulations of existing drugs to target unmet and
underserved medical needs in the pain management market. The
company has one marketed drug in the U.K., an NDA-submitted drug
candidate, Dyloject, and two drug candidates in U.S. advanced
clinical development. For additional information about Javelin,
please visit the company's website at
http://www.javelinpharmaceuticals.com.
Javelin Pharmaceuticals, Inc. Forward Looking
Statement
This press release contains "forward-looking statements",
including statements relating to the expected timing of results and
development of our drug candidates and the effect of terminating
the merger agreement between Javelin Pharmaceuticals, Inc. and
Myriad Pharmaceuticals, Inc. These "forward-looking statements" are
based on management's current expectations of future events and are
subject to a number of risks and uncertainties that could cause
actual results to differ materially and adversely from those set
forth in or implied by forward-looking statements. These risks and
uncertainties include, but are not limited to the factors discussed
under the heading "Risk Factors" contained in our Form 10-K, for
the year ended December 31, 2009, which was filed with the
Securities and Exchange Commission, as well as any updates to those
risk factors filed from time to time in our Quarterly Reports on
Form 10-Q or Current Reports on Form 8-K. All information in this
press release is as of the date of the release, and Javelin
undertakes no duty to update this information unless required by
law.
JAV-G
Javelin Pharmaceuticals (AMEX:JAV)
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