sc13g

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1932.
(Amendment No. )*

Targanta Therapeutics Corporation

(Name of Issuer)

Common Stock, $.0001 par value
(Title of Class of Securities)

87612C100

(CUSIP Number)

December 31, 2007

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

þ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 6 pages


CUSIP No.		87612C100


1	NAMES OF REPORTING PERSONS I.R.S. Identification Nos. of above persons (entities only). InterMune, Inc.


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			2,989,980

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			0

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			2,989,980

WITH:		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	2,989,980

10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

	þ

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	14.20%

12	TYPE OF REPORTING PERSON

	CO

Page 2 of 6 pages


Item 1(a).		Name of Issuer:

		Targanta Therapeutics Corporation

Item 1(b).		Address of Issuer’s Principal Executive Offices:

		222 Third Street, Suite 2300, Cambridge, MA 02142-1122

Item 2(a).		Name of Persons Filing:

		InterMune, Inc.

Item 2(b).		Address of Principal Business Office, or if None, Residence:

		3280 Bayshore Boulevard, Brisbane, CA 94105

Item 2(c).		Citizenship:

		InterMune is corporation organized under the laws of the State of Delware.

Item 2(d).		Title of Class of Securities:

		Common Stock, $.0001 par value (the “Common Stock”)

Item 2(e).		CUSIP Number:

		87612C100


Item 3.		If this Statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:


( a )	o	Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).

( b )	o	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).

( c )	o	Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).

( d )	o	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

( e )	o	An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);

( f )	o	An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);

Page 3 of 6 pages


( g )	o	A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);

( h )	o	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

( i )	o	A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

( j )	o	Group, in accordance with 240.13d-1(b)(1)(ii)(J).


Item 4.		Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.


(a) Amount beneficially owned:	2,989,980
(b) Percent of class:	14.20	%
(c) Number of shares as to which the person has:
(i) Sole power to vote or direct the vote:	2,989,980
(ii) Shared power to vote or to direct the vote:	0
(iii) Sole power to dispose or to direct the disposition of:	2,989,980
(iv) Shared power to dispose or to direct the disposition of:	0

Page 4 of 6 pages


Item 5.		Ownership of Five Percent or Less of a Class.

		If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.

Item 6.		Ownership of More than Five Percent on Behalf of Another Person.

		Not Applicable

Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

		Not Applicable

Item 8.		Identification and Classification of Members of the Group.

		Not Applicable

Item 9.		Notice of Dissolution of Group.

		Not Applicable

Item 10.		Certification.

		By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary couse of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaciton having such purposes or effect.

Page 5 of 6 pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


		February 12, 2008

		Date

		/s/ John C. Hodgman

		Signature


		John C. Hodgman, Senior Vice
		President, Finance and Chief
		Financial Officer

		Name/Title

Page 6 of 6 pages