<SEC-DOCUMENT>0001171843-20-000664.txt : 20200203
<SEC-HEADER>0001171843-20-000664.hdr.sgml : 20200203
<ACCEPTANCE-DATETIME>20200203163012
ACCESSION NUMBER:		0001171843-20-000664
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200203
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200203
DATE AS OF CHANGE:		20200203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Anika Therapeutics, Inc.
		CENTRAL INDEX KEY:			0000898437
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				043145961
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14027
		FILM NUMBER:		20569047

	BUSINESS ADDRESS:	
		STREET 1:		32 WIGGINS AVENUE
		CITY:			BEDFORD
		STATE:			MA
		ZIP:			01730
		BUSINESS PHONE:		(781) 457-9000

	MAIL ADDRESS:	
		STREET 1:		32 WIGGINS AVENUE
		CITY:			BEDFORD
		STATE:			MA
		ZIP:			01730

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANIKA THERAPEUTICS INC
		DATE OF NAME CHANGE:	19970114

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANIKA RESEARCH INC
		DATE OF NAME CHANGE:	19930309
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k_020320.htm
<DESCRIPTION>FORM 8-K
<TEXT>

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<p style="text-align: center;"><font style="font-size: 14pt;"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong><br />_____________________</font></p>

<p style="text-transform: uppercase; text-align: center;"><font style="font-size: 14pt;"><strong>Form 8-K</strong><br />_____________________</font></p>

<p style="text-align: center;"><font style="font-size: 12pt;"><strong>CURRENT REPORT</strong></font></p>

<p style="text-align: center;"><font style="font-size: 12pt;"><strong>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</strong></font></p>

<p align="center"><font style="font-size: 10pt;">Date of Report (Date of earliest event Reported): <!--February 3, 2020-->February 3, 2020 &#160;</font></p>

<p align="center"><font style="font-size: 12pt;"><strong>Anika Therapeutics</strong></font><br /><font style="font-size: 10pt;">(Exact Name of Registrant as Specified in Charter)</font></p>

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    <td align="center" width="33%"><font style="font-size: 10pt;"><strong>Delaware</strong></font></td>
    <td align="center" width="34%"><font style="font-size: 10pt;"><strong>000-21326</strong></font></td>
    <td align="center" width="33%"><font style="font-size: 10pt;"><strong>04-3145961</strong></font></td></tr>
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    <td align="center" width="33%"><font style="font-size: 10pt;">(State or Other Jurisdiction of Incorporation)</font></td>
    <td align="center" width="34%"><font style="font-size: 10pt;">(Commission File Number)</font></td>
    <td align="center" width="33%"><font style="font-size: 10pt;">(I.R.S. Employer Identification Number)</font></td></tr>
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    <td align="center" width="50%"><font style="font-size: 10pt;"><strong>32 Wiggins Avenue, Bedford, Massachusetts 01730</strong><!----></font></td></tr>
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    <td align="center" width="50%"><font style="font-size: 10pt;">(Address of Principal Executive Offices) (Zip Code)</font></td></tr>
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<p align="center"><font style="font-size: 10pt;"><strong>(781) 457-9000</strong><br />(Registrant's telephone number, including area code)</font></p>

<p align="center"><font style="font-size: 10pt;"><strong>Not Applicable</strong><br />(Former name or former address, if changed since last report)</font></p>

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    <td colspan="3"><font style="font-size: 10pt;">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:<br /><br /></font></td></tr>
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    <td width="21"><font style="font-size: 10pt;">&#160;</font></td>
    <td width="40"><font style="font-size: 10pt;">[ &#160; ]</font></td>
    <td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td></tr>
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    <td width="21"><font style="font-size: 10pt;">&#160;</font></td>
    <td width="40"><font style="font-size: 10pt;">[ &#160; ]</font></td>
    <td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td></tr>
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    <td width="21"><font style="font-size: 10pt;">&#160;</font></td>
    <td width="40"><font style="font-size: 10pt;">[ &#160; ]</font></td>
    <td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td></tr>
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    <td width="21"><font style="font-size: 10pt;">&#160;</font></td>
    <td width="40"><font style="font-size: 10pt;">[ &#160; ]</font></td>
    <td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Securities registered pursuant to Section 12(b) of the Act:</p>

<p style="font-size: 10pt; margin: 0pt;">&#160;</p>

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<tr style="vertical-align: top;">
    <td style="width: 40%; border: Black 1pt solid; text-align: center;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Title of each class</font></td>
    <td style="width: 20%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Trading Symbol(s)</font></td>
    <td style="width: 40%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Name of each exchange on which registered</font></td></tr>
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    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">Common Stock, par value $0.01 per share</font></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">ANIK</font></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center;"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">NASDAQ Global Select Market</font></td></tr>
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<p style="font-size: 10pt; margin: 0pt;">&#160;</p>
<p style="font-size: 10pt; margin: 0pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR &sect;230.405) or Rule&#160;12b-2&#160;of the Securities Exchange Act of 1934 (17 CFR&#160;&sect;240.12b-2).&#160;Emerging growth company [&#160;&#160; ]</p>

<p style="font-size: 10pt; margin: 0pt;">&#160;</p>

<p style="font-size: 10pt; margin: 0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [&#160;&#160; ]</p>



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<div style="font-size: 1pt; border-top: Black 1.1pt solid; border-bottom: Black 2.5pt solid; width: 100%;"><font style="font-size: 10pt;">&#160;</font></div>&#160;</div><hr style="page-break-after: always;" noshade="noshade" />

<p><font style="font-size: 10pt;">  <strong>  </strong></font></p>

<p><font style="font-size: 10pt;"><strong>Item 2.01. Completion of Acquisition or Disposition of Assets.</strong></font></p>

<p><font style="font-size: 10pt;">


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">On February 3, 2020 (the &ldquo;<u>Closing Date</u>&rdquo;),
Anika Therapeutics, Inc. (the &ldquo;<u>Company</u>&rdquo;)&nbsp;completed the acquisition of ArthroSurface Incorporated, a Delaware
corporation (&ldquo;<u>ArthroSurface</u>&rdquo;) pursuant to the terms of the Agreement and Plan of Merger, dated as of January
4, 2020 (the &ldquo;<u>ArthroSurface Merger Agreement</u>&rdquo;), by and among the Company, ArthroSurface, Button Merger Sub,
Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (&ldquo;<u>ArthroSurface Merger Sub</u>&rdquo;) and Boston
Millennia Partners Button Shareholder Representation, Inc., a Delaware corporation, solely in its capacity as the representative,
agent and attorney-in-fact of the Equityholders (as defined in the ArthroSurface Merger Agreement).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">At the closing of the merger of ArthroSurface Merger
Sub with and into ArthroSurface, with ArthroSurface continuing as the surviving company and a wholly-owned subsidiary of the Company
(the &ldquo;<u>ArthroSurface Merger</u>&rdquo;) (the &ldquo;<u>Effective Time</u>&rdquo;), the Company paid ArthroSurface $60,040,000
in cash, subject to adjustments for cash, indebtedness, working capital and transaction expenses of ArthroSurface as of the Effective
Time. The ArthroSurface Merger Agreement also provides for certain earn-out payments of up to an aggregate amount of $40,000,000
if certain financial and regulatory targets are achieved in 2020 and 2021, payable in cash.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">The foregoing description of the&nbsp;Merger&nbsp;Agreement
and the transactions contemplated thereby is qualified in its entirety by reference to the full text of the&nbsp;Merger&nbsp;Agreement,
which was attached as Exhibit 2.1 to the Company&rsquo;s Current Report on&nbsp;Form 8-K&nbsp;filed with the Securities and Exchange
Commission (the &ldquo;<u>SEC</u>&rdquo;) on January 7, 2020 and is incorporated by reference herein.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">This Current Report includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended,
concerning, but not limited to, the acquisition of ArthroSurface and the effects of the ArthroSurface Merger. The SEC encourages
companies to disclose forward-looking statements so that investors can better understand a company&rsquo;s future prospects and
make informed investment decisions. Forward-looking statements are subject to risks and uncertainties, many of which are outside
our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any
of these forward-looking statements. Forward-looking statements can be identified by such words as &ldquo;will,&rdquo; &ldquo;likely,&rdquo;
&ldquo;may,&rdquo; &ldquo;believe,&rdquo; &ldquo;expect,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;intend,&rdquo; &ldquo;seek,&rdquo;
&ldquo;designed,&rdquo; &ldquo;develop,&rdquo; &ldquo;would,&rdquo; &ldquo;future,&rdquo; &ldquo;can,&rdquo; &ldquo;could,&rdquo;
and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters.
All statements other than statements of historical facts included in this Current Report regarding our strategies, prospects, financial
condition, operations, costs, plans, and objectives are forward-looking statements. Factors that could cause or contribute to changes
in such forward-looking statements include, but are not limited to (i) failure to realize the anticipated benefits of the acquisitions,
(ii) unexpected expenditures or assumed liabilities that may be incurred as a result of the acquisitions, (iii) loss of key employees
or customers following the acquisitions, (iv) unanticipated difficulties in conforming business practices, including accounting
policies, procedures, internal controls, and financial records of ArthroSurface with the Company, (v) inability to accurately forecast
the performance of ArthroSurface resulting in unforeseen adverse effects on the Company&rsquo;s operating results, (vi) failure
to satisfy the conditions to the completion of the acquisitions on the anticipated schedule, or at all, and (vii) synergies between
ArthroSurface and the Company being estimates which may be materially different from actual results.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22.25pt 0pt 0">Please refer to the factors set forth under the
heading &ldquo;Risk Factors&rdquo; in the Company&rsquo;s Annual Report on Form 10-K for the year ended December 31, 2018, filed
with the SEC, as may be amended or supplemented in subsequently filed Quarterly Reports on Form 10-Q for important factors that
we believe could cause actual results to differ materially from those in our forward-looking statements. Any forward-looking statement
made by us in this Current Report is based only on information currently available to us and speaks only as of the date on which
it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made
from time to time, whether as a result of new information, future developments, or otherwise.</p>



<p><font style="font-size: 10pt;"><strong>  </strong></font></p>

<p><font style="font-size: 10pt;"><strong>Item 8.01. Other Events.</strong></font></p>

<p><font style="font-size: 10pt;">

<p>On February 3, 2020, the Company issued a press release announcing the completion of the ArthroSurface Merger. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.<br /> <br />The information contained in Item 8.01 of this report, including Exhibit 99.1, shall not be incorporated by reference into any filing of the registrant, whether made before, on or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. The information contained in Item 8.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.</p></font></p>

<p><font style="font-size: 10pt;"><strong>  </strong></font></p>

<p><font style="font-size: 10pt;"><strong>Item 9.01. Financial Statements and Exhibits.</strong></font></p>

<p><font style="font-size: 10pt;">

<p><em><strong>(a) Financial Statements of Businesses Acquired.</strong></em></p>

<p>The Company intends to file any financial statements required by Item 9.01(a) as part of an amendment to this Current Report on Form 8-K no later than 71 calendar days after the required filing date for this Current Report on Form 8-K.</p>

<p><em><strong>(b) Pro Forma Financial Information.</strong></em></p>

<p>The Company intends to file any financial statements required by Item 9.01(b) as part of an amendment to this Current Report on Form 8-K no later than 71 calendar days after the required filing date for this Current Report on Form 8-K.</p>

<p><em><strong>(d) Exhibits.</strong></em></p>

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    <td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Exhibit Number</strong></font></td>
    <td width="20"><font style="font-size: 10pt;">&#160;</font></td>
    <td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr>
<tr>
    <td style="text-align: left; vertical-align: top"><a href="http://www.sec.gov/Archives/edgar/data/898437/000117184320000105/exh_21.htm">2.1</a></td>
    <td width="20"><font style="font-size: 10pt;">&#160;</font></td>
    <td><a href="http://www.sec.gov/Archives/edgar/data/898437/000117184320000105/exh_21.htm"><font style="font-size: 10pt;">Agreement and Plan of Merger, dated January 4, 2020, by and
        between Anika Therapeutics, Inc., Arthrosurface, Inc., Button Merger Sub, Inc. and Boston Millennia Partners Button Shareholder
        Representation, Inc. (filed as Exhibit 2.1 to the Registrant&rsquo;s Current Report on Form 8-K filed on January 7, 2020, and incorporated
        herein by reference).</font></a></td></tr>
<tr>
    <td><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td>
    <td width="20"><font style="font-size: 10pt;">&#160;</font></td>
    <td><font style="font-size: 10pt;"><a href="exh_991.htm">Press Release dated February 3, 2020</a> </font></td></tr>
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<p><font style="font-size: 10pt;"></font></p>

<p><font style="font-size: 10pt;">&nbsp;</font></p>



<p><font style="font-size: 10pt"></font></p><hr style="page-break-after: always;" noshade="noshade" />

<p align="center"><font style="font-size: 10pt;"><strong>SIGNATURE</strong></font></p>

<p><font style="font-size: 10pt;">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.</font></p>

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    <td valign="top" width="49%"><font style="font-size: 10pt;">&#160;</font></td>
    <td style="font-size: 12pt;" colspan="2" valign="top"><font style="font-size: 10pt;"><strong>Anika Therapeutics</strong></font></td></tr>
<tr valign="top">
    <td width="49%"><font style="font-size: 10pt;">&#160;</font></td>
    <td width="2%"><font style="font-size: 10pt;">&#160;</font></td>
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    <td width="49%"><font style="font-size: 10pt;">Date: February 3, 2020</font></td>
    <td width="2%"><font style="font-size: 10pt;">By:&#160;</font></td>
    <td style="text-decoration: underline;" width="49%"><font style="font-size: 10pt;">/s/ Sylvia Cheung&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
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    <td width="2%"><font style="font-size: 10pt;">&#160;</font></td>
    <td width="49%"><font style="font-size: 10pt;">Sylvia Cheung</font></td></tr>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252" ><meta name="GENERATOR" content="MSHTML 8.00.7601.18094" ></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><font style="font-size: 14pt;"><strong>Anika Therapeutics Closes Acquisition of Arthrosurface</strong></font></p><p style="text-align: center;"><strong>Transaction Accelerates Anika&#8217;s Revenue Growth, Broadens Joint Preservation and Restoration Product Portfolio, Enhances Commercial Capabilities and Expands Pipeline</strong></p><p>
 <p align="justify">BEDFORD, Mass., Feb.  03, 2020  (GLOBE NEWSWIRE) -- <strong><u>Anika Therapeutics, Inc.</u></strong>&#160;(NASDAQ: ANIK), a global, integrated joint preservation and regenerative therapies company with products leveraging its proprietary&#160;<strong><u>hyaluronic acid (HA) technology platform</u></strong>, today announced it has completed its acquisition of Arthrosurface, a leading, privately-held provider of joint surface and preservation solutions for active patients.<br ></p>  <p align="justify">Under the previously disclosed terms of the agreement, Anika acquired all outstanding shares of Arthrosurface in exchange for an upfront payment of approximately&#160;$60 million&#160;in cash from the company&#8217;s existing balance sheet, subject to customary closing adjustments. Arthrosurface shareholders will be eligible to receive an additional&#160;$40 million&#160;contingent upon the achievement of certain regulatory and commercial milestones.</p>  <p align="justify">&#8220;This acquisition significantly enhances our commercial capabilities in the U.S. and accelerates our product platform strategy by further expanding our portfolio and pipeline across the joint preservation and restoration continuum,&#8221; said Sylvia Cheung, Chief Financial Officer of Anika Therapeutics. &#8220;We are excited to begin working together to build a leading sports and regenerative medicine company. I want to recognize the efforts of our team for closing the Arthrosurface transaction on the heels of the Parcus Medical acquisition and welcome the Arthrosurface team to the Anika family.&#8221;</p>  <p align="justify">Arthrosurface&#8217;s product portfolio includes more than 150 different surface implant curvatures for the knee, shoulder, hip, ankle, wrist and toe that are designed to treat upper and lower extremity orthopedic conditions caused by trauma, injury and arthritic disease. The Arthrosurface executive team, led by President and Chief Executive Officer Steven Ek, will join Anika and continue to lead the Arthrosurface business innovation.</p>  <p align="justify">SVB Leerink LLC&#160;acted as exclusive financial advisor to Anika and&#160;Sullivan &amp; Cromwell LLP&#160;acted as Anika&#8217;s legal counsel in connection with the Arthrosurface transaction.</p>  <p align="justify"><strong>About&#160;Anika Therapeutics, Inc.</strong><br ><strong><u>Anika Therapeutics, Inc.</u></strong><strong>&#160;</strong>(NASDAQ: ANIK) is a global, integrated joint preservation and regenerative therapies company based in&#160;Bedford, Mass.&#160;Anika is committed to delivering therapies to improve the lives of patients across a continuum of care from osteoarthritis pain management to joint preservation and restoration. The company has more than two decades of global expertise commercializing more than 20 products based on its proprietary<strong>&#160;<u>hyaluronic acid (HA) technology platform</u></strong>. For more information about Anika, please visit<strong>&#160;<u>www.anikatherapeutics.com</u></strong>.</p>  <p align="justify"><strong>Forward-Looking Statements</strong><br >This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, concerning, but not limited to, the acquisition of Arthrosurface and the effects of the acquisition.&#160;The Securities and Exchange Commission&#160;("<u>SEC</u>") encourages companies to disclose forward-looking statements so that investors can better understand a company&#8217;s future prospects and make informed investment decisions. Forward-looking statements are subject to risks and uncertainties, many of which are outside our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by such words as "will," "likely," "may," "believe," "expect," "anticipate," "intend," "seek," "designed," "develop," "would," "future," "can," "could," and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans, and objectives are forward-looking statements.</p> <table style="width:100%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td style="max-width:30%; width:30%; min-width:30%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">For Investor Inquiries:<br > Anika Therapeutics, Inc.<br > Sylvia Cheung, 781-457-9000<br > Chief Financial Officer<br ><u>investorrelations@anikatherapeutics.com</u> &#160;</td><td style="max-width:30%; width:30%; min-width:30%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">For Media Inquiries:<br > W2O Group<br > Jeremy Berrington, 312-241-1995 <br ><u>jberrington@w2ogroup.com</u></td><td style="max-width:40%; width:40%; min-width:40%;;vertical-align: top ; ">&#160;</td></tr></table></p><p ></p></body></html>
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