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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File Number 000-26086
NOTIFICATION OF LATE FILING
(Check
one): £ Form
10-K £ Form 20-F
£ Form 11-K
T Form 10-Q
£ Form N-SAR £ Form N-CSR
For
Period Ended: September 30,
2005
£ Transition Report on Form 10-K
£ Transition Report on Form 20-F
£ Transition Report on Form 11-K
£ Transition Report on Form 10-Q
£ Transition Report on Form N-SAR
For the Transition Period Ended: ____________________________________________________________
Nothing in this form shall be construed to imply that the Commission has verified any
information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which
the notification relates: ___________________
PART I REGISTRANT INFORMATION
ANIMAS
CORPORATION
Full name of registrant
Former name if applicable
200
Lawrence Drive
Address of principal executive office (Street and number)
West
Chester, Pennsylvania 19380
City, state and zip code
PART II RULE 12B-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant
seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if
appropriate.)
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(a)
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The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort
or expense; |
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T
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(b)
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The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR, or
Form N-CSR or portion thereof will be filed on or before the
fifteenth calendar day following the prescribed due date; or
the subject quarterly report or transition report on Form
10-Q, or portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and |
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(c)
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The accountants statement or other exhibit required by Rule
12b-25(c) has been attached if applicable. |
PART
III NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the
transition report or portion thereof, could not be filed within the prescribed time period.
Shortly
before the filing deadline for the Registrants Quarterly Report on
Form 10-Q for the period ended September 30, 2005, the
Registrants management received an anonymous letter referencing
certain potential issues regarding a non-executive employee and the
Registrants receipt of payments from certain commercial payors.
The Registrants management immediately notified the
Registrants Audit Committee and the Registrants
independent public accountants of the contents of the letter, and the
Registrants Audit Committee is conducting an investigation.
Because
the letter was received shortly before the filing deadline for the
Registrants Quarterly Report on Form 10-Q for the period ended
September 30, 2005, the Registrants Audit Committees
investigation could not be completed prior to the filing deadline.
Although the investigation continues, to date, the Registrant has not
identified any information that would result in a change in the
previously announced financial results for the quarter ended
September 30, 2005 or for any earlier periods.
PART
IV OTHER INFORMATION
(1) |
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Name and telephone number of person to contact in regard to this notification: |
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Richard
Baron
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610 |
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644-8990 |
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(Name)
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(area code)
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(Telephone Number) |
(2) |
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Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange
Act of 1934 or Section 30 of the Investment Registrant Act of 1940 during the preceding 12
months or for such shorter period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
T Yes
£ No |
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(3) |
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Is it anticipated that any significant change in results of operations from the corresponding
period for the last fiscal year will be reflected by the earnings statements to be included in
the subject report or portion thereof?
£ Yes
T No |
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As disclosed in the Registrants Current Report on Form 8-K filed on July 26, 2005, the Registrant
will report an increase in its net income for the three and six months ended June 30, 2005, as
compared to the corresponding period for 2004. For the three and six months ended June 30, 2005,
the Registrants net income increased to $5.6 million and $11.2 million, respectively, from the
$4.5 million and $8.3 million earned in the same periods in 2004. Earnings per share on a diluted
basis increased to $0.51 and $1.02 for the three and six months ended June 30, 2005, compared to
$0.41 and $0.77 for the same periods in 2004. |
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ANIMAS
CORPORATION
(Name of registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned hereunto duly
authorized.
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Date:
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November 14,
2005
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By:
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/s/
Richard
Baron |
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Name: |
Richard
Baron |
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Title: |
Vice President,
Finance and Chief Financial Officer |
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