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): November 3, 2008
 
Transdel Pharmaceuticals, Inc.
(Exact name of registrant as specified in its charter)
     
Delaware
000-52998
45-0567010
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
4225 Executive Square, Suite 485
La Jolla, CA
92037
(Address of Principal Executive Offices)
(Zip Code)
   
Registrant’s telephone number, including area code: (858) 457-5300
   
N/A
(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 240.14a-12)
 
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
In September 2008, Transdel Pharmaceuticals, Inc. (the “Company”) announced that the first patient had been enrolled in its Phase 3 clinical trial for Ketotransdel™. The clinical trial is well underway and is being executed by Cato Research Ltd. With the Company’s Phase 3 clinical trial moving from the planning and development stage to the execution stage, the Company and Paul Finnegan, M.D., M.B.A., F.R.C.P.C., have agreed that Dr. Finnegan will transition from the Company’s Chief Medical Officer and Chief Operating Officer to a consultant of the Company. The effective date of Dr. Finnegan’s transition will be November 17, 2008. Dr. Finnegan’s transition from a full time employee and officer of the Company to a consultant did not result from any disagreement between Dr. Finnegan and the Company or its Board of Directors. The Company and Dr. Finnegan are currently negotiating the terms of his consulting agreement with the Company.

 
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 thereunto duly authorized.
 

     
 
Transdel Pharmaceuticals, Inc.
 
 
 
 
 
 
Date: November 7, 2008
By:   /s/ John T. Lomoro
 
John T. Lomoro
 
Chief Financial Officer