SC 13G/A 1 a2070479zsc13ga.htm SC 13G/A Prepared by MERRILL CORPORATION

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 1)1


Zonagen, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

 

 

98975L 10 8

 

 
   
(CUSIP Number)
   

February 14, 2002

(Date of Event Which Requires Filing of this Statement)

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

      / /      Rule 13d-1(b)

      /x/      Rule 13d-1(c)

      / /      Rule 13d-1(d)


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 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).



     
CUSIP NO.  98975L 10 8   13G   Page 2 of 9 Pages

     
             

1   NAME OF REPORTING PERSON:
                  Biotechnology Value Fund, L.P.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY):

 

 

 

 

 

 

 

2   CHECK THE APPROPRIATE BOX IF A   (a)   /x/
    MEMBER OF A GROUP*   (b)   / /

 

 

 

 

 

 

 

3   SEC USE ONLY

 

 

 

 

 

 

 

4   CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

                  
Delaware

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:   5   SOLE VOTING POWER

 

 

 

 

 

 

0
       
        6   SHARED VOTING POWER

 

 

 

 

 

 

186,900
       
        7   SOLE DISPOSITIVE POWER

 

 

 

 

 

 

0
       
        8   SHARED DISPOSITIVE POWER

 

 

 

 

 

 

186,900

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

186,900

 

 

 

 

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

 

 

 

 

 

 

 

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 

1.7%

 

 

 

 

12   TYPE OF REPORTING PERSON*

 

 

PN

 

 

 

 

*SEE INSTRUCTIONS BEFORE FILLING OUT!


     
CUSIP NO.  98975L 10 8   13G   Page 3 of 9 Pages

     
             

1   NAME OF REPORTING PERSON:
                  Biotechnology Value Fund II, L.P.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY):

 

 

 

 

 

 

 

2   CHECK THE APPROPRIATE BOX IF A   (a)   /x/
    MEMBER OF A GROUP*   (b)   / /

 

 

 

 

 

 

 

3   SEC USE ONLY

 

 

 

 

 

 

 

4   CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

                  
Delaware

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:   5   SOLE VOTING POWER

 

 

 

 

 

 

0
       
        6   SHARED VOTING POWER

 

 

 

 

 

 

94,138
       
        7   SOLE DISPOSITIVE POWER

 

 

 

 

 

 

0
       
        8   SHARED DISPOSITIVE POWER

 

 

 

 

 

 

94,138

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

94,138

 

 

 

 

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

 

 

 

 

 

 

 

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 

0.8%

 

 

 

 

12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 

PN

 

 

 

 



     
CUSIP NO.    98975L 10 8   13G   Page 4 of 9 Pages

     
             

1   NAME OF REPORTING PERSON:
                  BVF Investments, L.L.C.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY):

 

 

 

 

 

 

 

2   CHECK THE APPROPRIATE BOX IF A   (a)   /x/
    MEMBER OF A GROUP*   (b)   / /

 

 

 

 

 

 

 

3   SEC USE ONLY

 

 

 

 

 

 

 

4   CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

                  
Delaware

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:   5   SOLE VOTING POWER

 

 

 

 

 

 

0
       
        6   SHARED VOTING POWER

 

 

 

 

 

 

163,862
       
        7   SOLE DISPOSITIVE POWER

 

 

 

 

 

 

0
       
        8   SHARED DISPOSITIVE POWER

 

 

 

 

 

 

163,862

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

163,862

 

 

 

 

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

 

 

 

 

 

 

 

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 

1.5%

 

 

 

 

12   TYPE OF REPORTING PERSON*

 

 

OO

 

 

 

 

*SEE INSTRUCTIONS BEFORE FILLING OUT!


     
CUSIP NO.  98975L 10 8   13G   Page 5 of 9 Pages

     
             

1   NAME OF REPORTING PERSON:
                  BVF Partners L.P.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY):

 

 

 

 

 

 

 

2   CHECK THE APPROPRIATE BOX IF A   (a)   /x/
    MEMBER OF A GROUP*   (b)   / /

 

 

 

 

 

 

 

3   SEC USE ONLY

 

 

 

 

 

 

 

4   CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

                  
Delaware

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:   5   SOLE VOTING POWER

 

 

 

 

 

 

0
       
        6   SHARED VOTING POWER

 

 

 

 

 

 

466,200
       
        7   SOLE DISPOSITIVE POWER

 

 

 

 

 

 

0
       
        8   SHARED DISPOSITIVE POWER

 

 

 

 

 

 

466,200

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

466,200

 

 

 

 

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

 

 

 

 

 

 

 

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 

4.1%

 

 

 

 

12   TYPE OF REPORTING PERSON*

 

 

PN

 

 

 

 

*SEE INSTRUCTIONS BEFORE FILLING OUT!


     
CUSIP NO.  98975L 10 8   13G   Page 6 of 9 Pages

     
             

1   NAME OF REPORTING PERSON:
                  BVF Inc.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY):

 

 

 

 

 

 

 

2   CHECK THE APPROPRIATE BOX IF A   (a)   /x/
    MEMBER OF A GROUP*   (b)   / /

 

 

 

 

 

 

 

3   SEC USE ONLY

 

 

 

 

 

 

 

4   CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

                  
Delaware

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:   5   SOLE VOTING POWER

 

 

 

 

 

 

0
       
        6   SHARED VOTING POWER

 

 

 

 

 

 

466,200
       
        7   SOLE DISPOSITIVE POWER

 

 

 

 

 

 

0
       
        8   SHARED DISPOSITIVE POWER

 

 

 

 

 

 

466,200

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

466,200

 

 

 

 

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

 

 

 

 

 

 

 

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 

4.1%

 

 

 

 

12   TYPE OF REPORTING PERSON*

 

 

IA, CO

 

 

 

 

*SEE INSTRUCTIONS BEFORE FILLING OUT!


     
CUSIP NO.  98975L 10 8   13G   Page 7 of 9 Pages

     
ITEM 1(a).   NAME OF ISSUER:
    Zonagen, Inc. ("Zonagen")

ITEM 1(b).

 

ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
    2408 Timberloch Place, Suite B-4
The Woodlands, Texas 77380

ITEM 2(a).

 

NAME OF PERSON FILING:

 

 

This Amendment to Schedule 13G is being filed on behalf of the following persons ("Reporting Persons")*:

 

 

(i)

 

Biotechnology Value Fund, L.P. ("BVF")
    (ii)   Biotechnology Value Fund II, L.P. ("BVF2")
    (iii)   BVF Investments, L.L.C. ("Investments")
    (iv)   BVF Partners L.P. ("Partners")
    (v)   BVF Inc. ("BVF Inc.")

 

 

*

 

Attached as Exhibit 1 is a copy of an agreement among the Reporting Persons filing (as specified hereinabove) that this Amendment to Schedule 13G is being filed on behalf of each of them.

ITEM 2(b).

 

ADDRESS OF PRINCIPAL BUSINESS OFFICE:

 

 

The principal business office of the Reporting Persons comprising the group filing this Amendment to Schedule 13G is located at 227 West Monroe Street, Suite 4800, Chicago, Illinois, 60606.

ITEM 2(c).

 

CITIZENSHIP:

 

 

BVF:

 

a Delaware limited partnership
    BVF2:   a Delaware limited partnership
    Investments:   a Delaware limited liability company
    Partners:   a Delaware limited partnership
    BVF Inc.:   a Delaware corporation

ITEM 2(d).

 

TITLE OF CLASS OF SECURITIES:

 

 

Common Stock.

ITEM 2(e).

 

CUSIP NUmber:

 

 

98975L 10 8


     
CUSIP NO.    98975L 10 8   13G   Page 8 of 9 Pages

     
ITEM 3.   IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS: One of the following

 

 

Not applicable as this Amendment to Schedule 13G is filed pursuant to Rule 13d 1(c).

ITEM 4.

 

OWNERSHIP:

 

 

The information in items 1 and 5 through 11 on the cover pages (pp. 2 - 6) on this Amendment to Schedule 13G is hereby incorporated by reference.

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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities check the following. /x/

ITEM 6.

 

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

 

 

BVF shares voting and dispositive power over the shares of the common stock it beneficially owns with Partners. BVF2 also shares voting and dispositive power over the shares of the common stock it beneficially owns with Partners. Investments also shares voting and dispositive power over the shares of the common stock it beneficially owns with Partners. Partners and BVF Inc. share voting and dispositive power over the shares of the common stock they beneficially own with, in addition to BVF, BVF2 and Investments, certain managed accounts on whose behalf Partners, as investment manager, purchased such shares. None of the managed accounts individually owns more than 5% of the common stock of Zonagen.

ITEM 7.

 

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

 

 

Not applicable.

ITEM 8.

 

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP:

 

 

Not applicable.

ITEM 9.

 

NOTICE OF DISSOLUTION OF GROUP:

 

 

Not applicable.


     
CUSIP NO.    98975L 10 8   13G   Page 9 of 9 Pages

     
ITEM 10.   CERTIFICATION

 

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

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:      February 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