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Omthera Pharmaceuticals Announces Record Date and Meeting Date for Special Meeting of Stockholders
Date:6/13/2013

PRINCETON, N.J., June 13, 2013 /PRNewswire/ -- Omthera Pharmaceuticals, Inc. (NASDAQ: OMTH) today announced that it has established a record date and a meeting date for the special meeting of its stockholders to consider and vote upon a proposal to adopt the previously announced merger agreement, entered into on May 27, 2013, among Omthera Pharmaceuticals, Inc. (the "Company"), Zeneca, Inc. ("Parent") and KAFA Acquisition Corp., a wholly owned subsidiary of Parent.  Pursuant to the terms of the merger agreement, Company stockholders will be entitled to receive $12.70 per share and one contingent value right per share representing the right to receive contingent payments of up to approximately $4.70 per share if certain milestones are achieved within agreed upon time periods.

The Company intends to file today with the Securities and Exchange Commission (the "SEC") a definitive proxy statement related to the special meeting of the Company's stockholders to vote on the proposal to adopt the merger agreement.  Company stockholders of record at the close of business on June 13, 2013 will be entitled to receive notice of the special meeting and to vote at the special meeting.  The special meeting will be held at The Westin Princeton at Forrestal Village, 201 Village Boulevard, Princeton, New Jersey 08540 on Tuesday, July 16, 2013, at 9:00 a.m. Eastern time.

The parties currently expect to complete the merger in the third quarter of 2013, subject to satisfaction of the closing conditions, including receipt of the approval of the Company's stockholders of the proposal to adopt the merger agreement.

About Omthera Pharmaceuticals, Inc.

Founded in 2008, the Company is an emerging specialty pharmaceutical company that listed on NASDAQ in April 2013 (NASDAQ: OMTH).  Led by a team of experts with e
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SOURCE Omthera Pharmaceuticals, Inc.
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