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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: July 26, 1999 Commission File No. 000-22347
(Date of earliest event reported)
ASCENT PEDIATRICS, INC.
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(Exact name of Registrant as specified in its Charter)
Delaware 04-3047405
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(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
187 Ballardvale Street, Wilmington, Massachusetts 01887
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(Address of principal executive offices) (Zip Code)
(978) 658-2500
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On July 26, 1999, Ascent Pediatrics, Inc. ("Ascent") announced that on
July 23, 1999 it had completed its previously announced strategic alliance with
Alpharma USPD Inc. In connection with the completion of the strategic alliance,
Ascent merged with one of its subsidiaries and each share of Ascent common stock
was converted into one depositary receipt subject to a call option which
Alpharma received pursuant to the strategic alliance. The depositary receipts
are quoted and can be traded on the OTC Bulletin Board.
A copy of the press release announcing the completion of the strategic
alliance and the listing of the depositary receipts on the OTC Bulletin Board
has been filed with this Current Report on Form 8-K as Exhibit 99.1 and is
incorporated herein by reference.
ITEM 7. EXHIBITS
99.1 Press release dated July 26, 1999.
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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 hereunto duly authorized.
Dated: July 27, 1999 ASCENT PEDIATRICS, INC.
/s/ John G. Bernardi
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John G. Bernardi
Vice President, Finance and Treasurer
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INDEX TO EXHIBITS
Exhibit
No. Description
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99.1 Press release dated July 26, 1999.
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