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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) July 31, 1998
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PAINEWEBBER R&D PARTNERS, L.P.
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(Exact Name of Registrant as Specified in Charter)
Delaware 2-98260 13-3304143
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(State or Other (Commission (IRS Employer
Jurisdiction of Incorporation) File Number) Identification No.)
1285 Avenue of the Americas, New York, New York 10019
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 713-2000
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(Not Applicable)
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(Former Name or Former Address, if Changed Since Last Report)
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Item 8
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PaineWebber R&D Partners, L.P.
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As part of the Registrant's effort to reduce its operating expenses
during its dissolution, the Registrant requested from the staff of the
Securities and Exchange Commission (the "Staff") that the Registrant be exempted
from the requirements of the Securities Exchange Act of 1934, as amended, to
file quarterly reports on form 10-Q and annual reports on Form 10-K.
On July 31, 1998, the Staff responded that it would not object if the
Registrant did not file future annual and quarterly reports on Forms 10-K and
10-Q so long as the Registrant (i) filed reports on Form 8-K to disclose any
material events relating to the Registrant and a Form 15 upon termination of the
Registrant, (ii) is terminated upon resolution of the Registrant's litigation
with Centocor, Inc. and (iii) resumes filing, or seeks further relief from the
Staff, if the Registrant is still in existence on July 31, 2001.
Based on the Staff's response, the Registrant will no longer file with
the Securities and Exchange Commission annual and quarterly reports on Forms
10-K and 10-Q and intends to otherwise comply with the conditions of the Staff's
response noted above.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PAINEWEBBER R&D PARTNERS, L.P.
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(Registrant)
By: PaineWebber Technologies, L.P.
(General Partner)
By: PWDC Holding Company
(General Partner of the General Partner)
By: /s/ Dhananjay Pai
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President
Date: August 10, 1998
