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FILED UNDER RULE 424(b)(3) OF REGULATION C
SEC FILE NUMBER: 333-53157
PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED JULY 2, 1998)
CENTOCOR, INC.
$460,000,000 PRINCIPAL AMOUNT OF 4 3/4% CONVERTIBLE
SUBORDINATED DEBENTURES DUE 2005
(INTEREST PAYABLE AUGUST 15 AND FEBRUARY 15)
-------------------------------------
9,338,015 COMMON SHARES
($.01 PAR VALUE PER SHARE)
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The information in this Prospectus Supplement concerning the Selling
Securityholders supplements the statement set forth under the caption "Selling
Securityholders" in the Prospectus. Capitalized terms used and not defined
herein shall have the meanings given to them in the Prospectus.
SELLING SECURITYHOLDERS
The information set forth under the caption "Selling Securityholders" in
the Prospectus is supplemented to add the following:
<TABLE>
<CAPTION>
NUMBER OF
CONVERSION
NAME OF SELLING AMOUNT OF DEBENTURES PERCENT OF SHARES THAT
SECURITYHOLDER(1) BENEFICIALLY OWNED OUTSTANDING DEBENTURES MAY BE SOLD(2)
- --------------------- -------------------- ----------------------- --------------
<S> <C> <C> <C>
Bankers Trust
International $ 5,000,000 1.08% 101,500
BT Alex. Brown Inc. $ 2,250,000 .49% 45,675
Century National $ 500,000 .11% 10,150
Insurance
Company
Chrysler Corporation
Master Retirement
Trust $ 3,160,000 .69% 64,148
Chrysler
Insurance Company $ 25,000 .005% 507
Delta Air Lines Master
Trust $ 1,650,000 .36% 33,495
Deutsche Bank,
A.G. $43,821,000 9.53% 889,567
Deutsche Bank $12,905,000 2.80% 261,971
Securities Inc.
Goldman, Sachs &
Co. $ 8,908,000 1.94% 180,832
Highbridge Capital
Corporation $ 8,000,000 1.74% 162,400
Morgan Stanley
Dean Witter $20,590,000 4.47% 417,977
OCM Convertible
Limited Partnership $ 125,000 .03% 2,537
OCM Convertible Trust $ 4,310,000 .94% 87,493
Partner Reinsurance
Company Ltd. $ 350,000 .07% 7,105
Raytheon Company
Master Pension Trust $ 1,630,000 .35% 33,089
Shepherd
Investments
International,
Ltd. $35,305,000 7.67% 716,692
State of Connecticut
Combined Investment
Funds $ 3,765,000 .82% 76,429
State Employees'
Retirement Fund
of the State of
Delaware $ 1,190,000 .26% 24,157
Vanguard Convertible
Securities Fund, Inc. $ 2,820,000 .61% 57,246
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</TABLE>
(1) The information set forth herein is as of July 9, 1998 and will be updated
as required.
(2) Assumes conversion of the full amount of Debentures held by such holder at
the initial conversion price of $49.261 per share of Common Stock. Under
the terms of the Indenture, fractional shares will not be issued upon
conversion of the Debentures; cash will be paid in lieu of any fractional
shares.
The date of this Prospectus Supplement is July 9, 1998.
