<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO RULE 13d-2(b)
(Amendment No._____)/1/
VENTRO CORP
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
0001635951
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1999
- --------------------------------------------------------------------------------
(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)
[_] Rule 13d-1(c)
[X] 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 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>
- ------------------------- --------------------------
CUSIP No. 0001635951 13G Page 2 of 11 Pages
- ------------------------- --------------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
The Bay City Capital Fund 1, L.P.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2. (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3.
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4.
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5.
NUMBER OF
2,097,121
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6.
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7.
REPORTING
2,097,121
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8.
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9.
2,097,121
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10.
[X]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.
6.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
12.
PN
- ------------------------------------------------------------------------------
<PAGE>
- ------------------------- --------------------------
CUSIP No. 0001635951 13G Page 3 of 11 Pages
- ------------------------- --------------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
Bay City Capital Management LLC
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2. (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3.
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4.
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5.
NUMBER OF
2,097,121
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6.
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7.
REPORTING
2,097,121
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8.
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9.
2,097,121
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10.
[X]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.
6.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
12.
OO
- ------------------------------------------------------------------------------
<PAGE>
- ------------------------- --------------------------
CUSIP No. 0001635951 13G Page 4 of 11 Pages
- ------------------------- --------------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1. I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Bay City Capital LLC
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2. (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3.
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4.
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5.
NUMBER OF
2,097,121
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6.
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7.
REPORTING
2,097,121
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8.
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9.
2,097,121
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10.
[X]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.
6.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON
12.
OO
- ------------------------------------------------------------------------------
<PAGE>
- -------------------- ------------------
CUSIP No. 0001635951 13G Page 5 of 11 Pages
- -------------------- ------------------
Item 1. Issuer's Name and Address of Principal Executive Offices:
--------------------------------------------------------
(a) Chemdex Corporation
(b) 3950 Fabian Way
Palo Alto, CA 94303
Item 2. Information Concerning Person Filing:
------------------------------------
(a) The Bay City Capital Fund I, L.P.
(b) 750 Battery Street, Suite 600
San Francisco, California 94111
(c) Delaware
(d) Common Stock
(e) 0001635951
Item 3. Status of Person Filing:
-----------------------
Not applicable.
Item 4. Ownership.
---------
(a) 2,157,518. Of the shares reported, certain individuals have
beneficial ownership of 60,397 shares, such that the Bay City Capital Fund
I, L.P. has ownership of only 2,097,121 shares. (Prior to January 25, 2000,
the total shares of Common Stock held were 2,795,018. On January 25, 2000,
The Bay Capital Fund I, L.P. sold 37,500 shares of Common Stock. On
February 15, 2000, The Bay Capital Fund I, L.P. sold 600,000 shares of
Common Stock.)
(b) 6.6%
(c) (i) Sole power to vote or direct vote: 2,097,121 shares
(ii) Shared power to vote or direct vote: 0 shares
(iii) Sole power to dispose or to direct the disposition:
2,097,121 shares
(iv) Shared power to dispose or to direct the disposition: 0
shares
Item 5. Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
---------------------------------------------------------------
<PAGE>
- -------------------- ------------------
CUSIP No. 0001635951 13G Page 6 of 11 Pages
- -------------------- ------------------
Not applicable.
Item 7. Identification and Classification of Subsidiary:
-----------------------------------------------
Not applicable.
Item 8. Identification and Classification of Group:
------------------------------------------
Not applicable.
Item 9. Notice of Dissolution of Group:
------------------------------
Not applicable.
Item 10. Certification:
-------------
Not applicable.
<PAGE>
- -------------------- ------------------
CUSIP No. 0001635951 13G Page 7 of 11 Pages
- -------------------- ------------------
Item 1. Issuer's Name and Address of Principal Executive Offices:
--------------------------------------------------------
(a) Chemdex Corporation
(b) 3950 Fabian Way
Palo Alto, CA 94303
Item 2. Information Concerning Person Filing:
------------------------------------
(a) Bay City Capital Management LLC
(b) 750 Battery Street, Suite 600
San Francisco, California 94111
(c) Delaware
(d) Common Stock
(e) 0001635951
Item 3. Status of Person Filing:
-----------------------
Not applicable.
Item 4. Ownership.
---------
(a) 2,157,518. Of the shares reported, certain individuals have
beneficial ownership of 60,397 shares, such that the Bay City Capital Fund
I, L.P. has ownership of only 2,097,121 shares. (Prior to January 25, 2000,
the total shares of Common Stock held were 2,795,018. On January 25, 2000,
The Bay Capital Fund I, L.P. sold 37,500 shares of Common Stock. On
February 15, 2000, The Bay Capital Fund I, L.P. sold 600,000 shares of
Common Stock.)
(b) 6.6%
(c) (i) Sole power to vote or direct vote: 2,097,121 shares
(ii) Shared power to vote or direct vote: 0 shares
(iii) Sole power to dispose or to direct the
disposition: 2,097,121 shares
(iv) Shared power to dispose or to direct the disposition: 0
shares
Item 5. Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
---------------------------------------------------------------
Not applicable.
<PAGE>
- -------------------- ------------------
CUSIP No. 0001635951 13G Page 8 of 11 Pages
- -------------------- ------------------
Item 7. Identification and Classification of Subsidiary:
-----------------------------------------------
Not applicable.
Item 8. Identification and Classification of Group:
------------------------------------------
Not applicable.
Item 9. Notice of Dissolution of Group:
------------------------------
Not applicable.
Item 10. Certification:
-------------
Not applicable.
<PAGE>
- -------------------- ------------------
CUSIP No. 0001635951 13G Page 9 of 11 Pages
- -------------------- ------------------
Item 1. Issuer's Name and Address of Principal Executive Offices:
--------------------------------------------------------
(a) Chemdex Corporation
(b) 3950 Fabian Way
Palo Alto, CA 94303
Item 2. Information Concerning Person Filing:
------------------------------------
(a) Bay City Capital LLC
(b) 750 Battery Street, Suite 600
San Francisco, California 94111
(c) Delaware
(d) Common Stock
(e) 0001635951
Item 3. Status of Person Filing:
-----------------------
Not applicable.
Item 4. Ownership.
---------
(a) 2,157,518. Of the shares reported, certain individuals have
beneficial ownership of 60,397 shares, such that the Bay City Capital Fund
I, L.P. has ownership of only 2,097,121 shares. (Prior to January 25, 2000,
the total shares of Common Stock held were 2,795,018. On January 25, 2000,
The Bay Capital Fund I, L.P. sold 37,500 shares of Common Stock. On
February 15, 2000, The Bay Capital Fund I, L.P. sold 600,000 shares of
Common Stock.)
(b) 6.6%
(c) (i) Sole power to vote or direct vote: 2,097,121 shares
(ii) Shared power to vote or direct vote: 0 shares
(iii) Sole power to dispose or to direct the
disposition: 2,097,121 shares
(iv) Shared power to dispose or to direct the disposition: 0
shares
Item 5. Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
---------------------------------------------------------------
Not applicable.
<PAGE>
- -------------------- -------------------
CUSIP No. 0001635951 13G Page 10 of 11 Pages
- -------------------- -------------------
Item 7. Identification and Classification of Subsidiary:
-----------------------------------------------
Not applicable.
Item 8. Identification and Classification of Group:
------------------------------------------
Not applicable.
Item 9. Notice of Dissolution of Group:
------------------------------
Not applicable.
Item 10. Certification:
-------------
Not applicable.
<PAGE>
- -------------------- -------------------
CUSIP No. 0001635951 13G Page 11 of 11 Pages
- -------------------- -------------------
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: February 22, 2000
Bay City Capital Management LLC
By: /s/ Fred Craves
Its: Manager
The Bay City Capital Fund I, L.P.
By: Its General Partner
Bay City Capital Management LLC
By: /s/ Fred Craves
Its: Manager
Bay City Capital LLC
By: /s/ Fred Craves
Its: Manager
