UNITED STATES

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 (Date of earliest event reported): October 19, 2006

OSIRIS THERAPEUTICS, INC.

(Exact Name of Registrant as Specified in Charter)

Delaware

 

001-32966

 

71-0881115

(State or other jurisdiction of

 

(Commission File Number)

 

(IRS Employer

incorporation)

 

 

 

Identification No.)

 

 

 

 

 

 

 

 

 

 

2001 Aliceanna Street, Baltimore, Maryland

 

21231

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (410) 522 - 5005

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14d-2(b))

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 




ITEM 7.01 Regulation FD Disclosure

On October 19, 2006, Osiris Therapeutics, Inc. announced positive results from its pilot Phase II study using Prochymal for the treatment of patients with moderate to severe Crohn’s disease who had failed to respond to standard treatments.  In the study, every patient evaluated reported a reduction in Crohn’s Disease Activity Index or CDAI after receiving two infusions of Prochymal.  There was a statistically significant decrease in mean CDAI scores of 105 points by day 28 from 341 to 236 (p=0.004).  The results will be presented by Dr. Jane Onkken, Director of the Inflammatory Bowel Disease Clinic and Associate Professor of Medicine at the Duke University School of Medicine at the Annual Meeting of the American College of Gastroenterology on October 24.  Dr. Onken was the lead investigator for the trial.  The press release is attached hereto as an exhibit to this Current Report on Form 8-K and is being filed pursuant to this Item 7.01 as Exhibit 99.1 to this Current Report on Form 8-K.

The information included herein, including Exhibit 99.1 furnished herewith, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing, except as expressly set forth by specific reference in such filing.

ITEM 9.01. Financial Statements and Exhibits

(d)  Exhibits.

99.1  The Registrant’s press release dated October 19, 2006

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Osiris has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

 

 

 

 

OSIRIS THERAPEUTICS, INC.

 

 

 

 

 

Dated: October 19, 2006

 

By:

 

/s/ CARY J. CLAIBORNE

 

 

 

 

Cary J. Claiborne

 

 

 

 

Chief Financial Officer

 

 

 

 

 

 

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EXHIBIT INDEX

Exhibit No.

 

Description

 

 

 

99.1

 

The Registrant’s press release dated October 19, 2006

 

3