-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ReuLFhCskuM/AaVqDlQTRwI/I018oUm6Y4U1vF2/sTpYAhLOGBJzMXZYpYBYXFEB G5JB3BC2F7GnFCFTGlFy1w== 0000912057-02-024374.txt : 20020614 0000912057-02-024374.hdr.sgml : 20020614 20020614172103 ACCESSION NUMBER: 0000912057-02-024374 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20020614 GROUP MEMBERS: BIOTECHNOLOGY VALUE FUND II, L.P. GROUP MEMBERS: BVF INC. GROUP MEMBERS: BVF INVESTMENTS, L.L.C. GROUP MEMBERS: BVF PARTNERS L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTOIMMUNE INC CENTRAL INDEX KEY: 0000879106 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 133489062 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43644 FILM NUMBER: 02679962 BUSINESS ADDRESS: STREET 1: 1199 MADIA STREET CITY: PASADENA STATE: CA ZIP: 91103 BUSINESS PHONE: 6267921235 MAIL ADDRESS: STREET 1: 128 SPRING STREET CITY: LEXINGTON STATE: MA ZIP: 02173 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BIOTECHNOLOGY VALUE FUND L P CENTRAL INDEX KEY: 0000918923 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 363924731 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 227 W MONROE STREET, SUITE 4800 STREET 2: 227 W MONROE STREET, SUITE 4800 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 415-288-23 MAIL ADDRESS: STREET 1: 227 W MONROE STREET, SUITE 4800 STREET 2: 227 W MONROE STREET, SUITE 4800 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13D/A 1 a2082342zsc13da.htm SC 13D/A
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549


SCHEDULE 13D

        Under the Securities Exchange Act of 1934
(Amendment No. 2)1


Autoimmune Inc.
(Name of Issuer)

 

Common Stock
(Title of Class of Securities)

 

052776101
(CUSIP Number)

 

Hope Flack
BVF Partners L.P
227 West Monroe Street, Suite 4800
Chicago, Illinois 60606
(312) 263-7777
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

June 4, 2002
(Date of Event Which Requires Filing of this Statement)

 

        If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box    ý.

        Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

(Continued on following pages)

(Page 1 of 9 Pages)


1
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 disclosures provided in a prior cover page.

        The information required on 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).


CUSIP NO. 052776101   13D   Page 2 of 9 Pages


1

 

NAME OF REPORTING PERSON:
        Biotechnology Value Fund, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):


2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3

 

SEC USE ONLY


4

 

SOURCE OF FUNDS*
        WC


5

 

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e)    o


6

 

CITIZENSHIP OR PLACE OF ORGANIZATION
        Delaware

NUMBER
OF
  7   SOLE VOTING POWER
        0
SHARES  
BENEFICIALLY
OWNED
  8   SHARED VOTING POWER
        1,403,529
BY  
EACH
REPORTING
  9   SOLE DISPOSITIVE POWER
        0
PERSON  
WITH   10   SHARED DISPOSITIVE POWER
        1,403,529

11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        1,403,529


12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*    o


13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        8.3%

14   TYPE OF REPORTING PERSON*
        PN

* SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP NO. 052776101   13D   Page 3 of 9 Pages


1

 

NAME OF REPORTING PERSON:
        Biotechnology Value Fund II, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):


2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3

 

SEC USE ONLY


4

 

SOURCE OF FUNDS*
        WC


5

 

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e)    o


6

 

CITIZENSHIP OR PLACE OF ORGANIZATION
        Delaware

NUMBER
OF
  7   SOLE VOTING POWER
        0
SHARES  
BENEFICIALLY
OWNED
  8   SHARED VOTING POWER
        603,163
BY  
EACH
REPORTING
  9   SOLE DISPOSITIVE POWER
        0
PERSON  
WITH   10   SHARED DISPOSITIVE POWER
        603,163

11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        603,163


12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*    o


13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        3.6%

14   TYPE OF REPORTING PERSON*
        PN

* SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP NO. 052776101   13D   Page 4 of 9 Pages


1

 

NAME OF REPORTING PERSON:
        BVF Investments, L.L.C.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):


2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3

 

SEC USE ONLY


4

 

SOURCE OF FUNDS*
        WC


5

 

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e)    o


6

 

CITIZENSHIP OR PLACE OF ORGANIZATION
        Delaware

NUMBER
OF
  7   SOLE VOTING POWER
        0
SHARES  
BENEFICIALLY
OWNED
  8   SHARED VOTING POWER
        1,406,905
BY  
EACH
REPORTING
  9   SOLE DISPOSITIVE POWER
        0
PERSON  
WITH   10   SHARED DISPOSITIVE POWER
        1,406,905

11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        1,406,905


12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*    o


13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        8.3%

14   TYPE OF REPORTING PERSON*
        OO

* SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP NO. 052776101   13D   Page 5 of 9 Pages


1

 

NAME OF REPORTING PERSON:
        BVF Partners L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):


2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3

 

SEC USE ONLY


4

 

SOURCE OF FUNDS*
        OO


5

 

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e)    o


6

 

CITIZENSHIP OR PLACE OF ORGANIZATION
        Delaware

NUMBER
OF
  7   SOLE VOTING POWER
        0
SHARES  
BENEFICIALLY
OWNED
  8   SHARED VOTING POWER
        3,589,097
BY  
EACH
REPORTING
  9   SOLE DISPOSITIVE POWER
        0
PERSON  
WITH   10   SHARED DISPOSITIVE POWER
        3,589,097

11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        3,589,097


12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*    o


13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        21.2%

14   TYPE OF REPORTING PERSON*
        PN

* SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP NO. 052776101   13D   Page 6 of 9 Pages


1

 

NAME OF REPORTING PERSON:
        BVF Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):


2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
    (a) ý

 

 

(b) o


3

 

SEC USE ONLY


4

 

SOURCE OF FUNDS*
        OO


5

 

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e)    o


6

 

CITIZENSHIP OR PLACE OF ORGANIZATION
        Delaware

NUMBER
OF
  7   SOLE VOTING POWER
        0
SHARES  
BENEFICIALLY
OWNED
  8   SHARED VOTING POWER
        3,589,097
BY  
EACH
REPORTING
  9   SOLE DISPOSITIVE POWER
        0
PERSON  
WITH   10   SHARED DISPOSITIVE POWER
        3,589,097

11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        3,589,097


12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*    o


13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        21.2%

14   TYPE OF REPORTING PERSON*
        IA, CO

* SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP NO. 052776101   13D   Page 7 of 9 Pages

        This Amendment No. 2 (the "Amendment") to the Statement on Schedule 13D (the "Statement") is being filed with the Securities and Exchange Commission on behalf of Biotechnology Value Fund, L.P., a Delaware limited partnership ("BVF"), Biotechnology Value Fund II, L.P., a Delaware limited partnership ("BVF2"), BVF Investments L.L.C., a Delaware limited liability company ("Investments"), BVF Partners L.P., a Delaware limited partnership ("Partners") and BVF Inc., a Delaware corporation ("BVF Inc." and, together with BVF, BVF2, Investments, and Partners, the "Reporting Persons") with respect to the Common Stock, par value $0.01 per share (the "Stock"), of Autoimmune Inc., a Delaware corporation ("Autoimmune"). The principal executive office of Autoimmune is located at 1199 Madia Street, Pasadena, California, 91103.

        Item 3 is hereby amended to read in its entirety as follows:

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

        Since April 7, 2002, Partners, in its capacity as (i) general partner of BVF, has purchased on behalf of such limited partnership an aggregate number of 23,900 shares of the Stock for an aggregate consideration of $20,313, utilizing funds provided by BVF from its working capital pursuant to the terms of its limited partnership agreement with Partners; (ii) general partner of BVF2, has purchased on behalf of such limited partnership an aggregate number of 16,000 shares of the Stock for an aggregate consideration of $13,520, utilizing funds provided by BVF2 from its working capital pursuant to the terms of its limited partnership agreement with Partners; and (iii) manager of Investments, has purchased on behalf of such limited liability company an aggregate number of 35,000 shares of the Stock for an aggregate consideration of $29,770 utilizing funds provided by Investments from its working capital pursuant to the terms of its investment advisory agreement with Partners.

        Item 4 is hereby amended to read in its entirety as follows:

ITEM 4. PURPOSE OF TRANSACTIONS.

        The sole purpose of the acquisitions fo the shares of Stock reported herein was for investment. The Reporting Persons did not at the time they acquired the shares of Stock, and do not presently, have any plant to acquire control of Autoimmune. The Reporting Persons may provide constructive input regarding measures intended to maximize shareholder value. The Reporting Persons may acquire or dispose of additional shares of Stock from time to time.

        Item 5 is hereby amended to read in its entirety as follows:

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

    (a)
    BVF beneficially owns 1,403,529 shares of the Stock, BVF2 beneficially owns 603,163 shares of the Stock, Investments beneficially owns 1,406,905 shares of the Stock and each of Partners and BVF Inc. beneficially owns 3,589,097 shares of the Stock, representing approximately 8.3%, 3.6%, 8.3% and 21.2% respectively, of the aggregate number of shares of the Stock outstanding as of April 30, 2002.

    (b)
    Each of BVF, BVF2 and Investments shares with Partners voting and dispositive power over the shares of the Stock each such entity beneficially owns. Partners and BVF Inc. share voting and dispositive power over the 3,589,097 shares of the Stock they beneficially own with, in addition to BVF, BVF2 and Investments, Investment 10, L.L.C., an Illinois limited liability company ("ILL10") and managed account on whose behalf Partners, as investment advisor, purchased such shares. ILL10 specializes in holding biotechnology stocks for investment purposes and its business address is 227 West Monroe Street, Suite 4800, Chicago, Illinois 60606.

    (c)
    Exhibit B attached hereto contains information as to all transactions in the Stock by the Reporting Persons since April 7, 2002. All such transactions were made for cash in open market, over-the-counter transactions. No other transactions in the Stock have been effected by the Reporting Persons during the last 60 days.

CUSIP NO. 052776101   13D   Page 8 of 9 Pages
    (d)
    ILL10 is entitled to receive dividends and any sale proceeds with respect to shares of the Stock in proportion to its respective ownership interest therein.

        Item 7 is hereby amended to read in its entirety as follows:

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

Exhibit 99.A—Agreement Regarding Joint Filing

Exhibit 99.B—Transactions in the Stock by Reporting Persons


CUSIP NO. 052776101   13D   Page 9 of 9 Pages

        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.

        Dated: June 14, 2002


BIOTECHNOLOGY VALUE FUND, L.P.
By:   BVF Partners L.P., its general partner
    By:   BVF Inc., its general partner
        By:   /s/  MARK N. LAMPERT      
Mark N. Lampert
President

BIOTECHNOLOGY VALUE FUND II, L.P.
By:   BVF Partners L.P., its general partner
    By:   BVF Inc., its general partner
        By:   /s/  MARK N. LAMPERT      
Mark N. Lampert
President

BVF INVESTMENTS L.L.C.
By:   BVF Partners L.P., its manager
    By:   BVF Inc., its general partner
        By:   /s/  MARK N. LAMPERT      
Mark N. Lampert
President

BVF PARTNERS L.P.
By:   BVF Inc., its general partner
    By:   /s/  MARK N. LAMPERT      
Mark N. Lampert
President

BVF INC.
By:   /s/  MARK N. LAMPERT      
Mark N. Lampert
President



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SCHEDULE 13D
EX-99.A 3 a2082342zex-99_a.htm EXHIBIT 99.A
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EXHIBIT 99.A
AGREEMENT REGARDING JOINT FILING

        The undersigned, Biotechnology Value Fund, L.P., a Delaware limited partnership, Biotechnology Value Fund II, L.P., a Delaware limited partnership, BVF Investments, L.L.C., a Delaware limited liability company, BVF Partners L.P., a Delaware limited partnership, and BVF Inc., a Delaware corporation, hereby agree and acknowledge that the information required by Schedule 13D, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any amendments or supplements thereto shall also be filed on behalf of each of them.

        Dated: June 14, 2002

BIOTECHNOLOGY VALUE FUND, L.P.

By:

 

BVF Partners L.P., its general partner

 

 

By:

 

BVF Inc., its general partner

 

 

 

 

By:

 

/s/  
MARK N. LAMPERT      
Mark N. Lampert
President

BIOTECHNOLOGY VALUE FUND II, L.P.

By:

 

BVF Partners L.P., its general partner

 

 

By:

 

BVF Inc., its general partner

 

 

 

 

By:

 

/s/  
MARK N. LAMPERT      
Mark N. Lampert
President

BVF INVESTMENTS L.L.C.

By:

 

BVF Partners L.P., its manager

 

 

By:

 

BVF Inc., its general partner

 

 

 

 

By:

 

/s/  
MARK N. LAMPERT      
Mark N. Lampert
President

BVF PARTNERS L.P.

By:

 

BVF Inc., its general partner

 

 

By:

 

/s/  
MARK N. LAMPERT      
Mark N. Lampert
President

BVF INC.

By:

 

/s/  
MARK N. LAMPERT      
Mark N. Lampert
President



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EXHIBIT 99.A AGREEMENT REGARDING JOINT FILING
EX-99.B 4 a2082342zex-99_b.htm EXHIBIT 99.B
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EXHIBIT 99.B

TRANSACTIONS IN THE STOCK BY THE REPORTING PERSONS


Trade Date
  By
  For the Account of
  Quantity
  Price per Share
  Type of Trade
  Broker

4/9/02   Partners   BVF   2,000   $ 0.9500   Purchase   INET

4/10/02   Partners   BVF   8,800   $ 0.9500   Purchase   INET

6/4/02   Partners   BVF   3,000   $ 0.8800   Purchase   LTCO

6/5/02   Partners   BVF   3,000   $ 0.8700   Purchase   LTCO

6/13/02   Partners   BVF   1,000   $ 0.6500   Purchase   LTCO

6/13/02   Partners   BVF   6,100   $ 0.6400   Purchase   INET

4/9/02   Partners   BVF2   1,000   $ 0.9500   Purchase   INET

4/10/02   Partners   BVF2   6,000   $ 0.9500   Purchase   INET

6/4/02   Partners   BVF2   2,000   $ 0.8800   Purchase   LTCO

6/5/02   Partners   BVF2   2,000   $ 0.8700   Purchase   LTCO

6/13/02   Partners   BVF2   1,000   $ 0.6500   Purchase   LTCO

6/13/02   Partners   BVF2   4,000   $ 0.6400   Purchase   INET

4/9/02   Partners   Investments   2,000   $ 0.9500   Purchase   INET

4/10/02   Partners   Investments   13,000   $ 0.9500   Purchase   INET

6/4/02   Partners   Investments   5,000   $ 0.8800   Purchase   LTCO

6/5/02   Partners   Investments   5,000   $ 0.8700   Purchase   LTCO

6/13/02   Partners   Investments   1,000   $ 0.6500   Purchase   LTCO

6/13/02   Partners   Investments   9,000   $ 0.6400   Purchase   INET

4/10/02   Partners   ILL10   1,000   $ 0.9500   Purchase   INET

6/13/02   Partners   ILL10   1,000   $ 0.6400   Purchase   INET
LTCO   =   Ladenburg Thalman
INET   =   Instinet



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EXHIBIT 99.B TRANSACTIONS IN THE STOCK BY THE REPORTING PERSONS
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