SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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): February 7, 1997
Commission file number: 0-21464
PruTech Research and Development Partnership II
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(Exact name of Registrant as specified in its charter)
California 13-3268435
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
440 Mission Court, Suite 250, Fremont, California 94539
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 656-1855
N/A
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Former name, former address and former fiscal year, if changed since last
report.
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Item 2 - Aquisition or Disposition of Assets
On October 30, 1996, the limited partners of the Registrant approved a
plan of dissolution and liquidation of the Registrant.
In connection with the liquidation of the remaining assets of the
Registrant, on February 7, 1997, the Registrant sold its remaining 942,045
shares of Biocompatibles International plc common stock for approximately
$18,557,000. The sale proceeds exceeded the basis of this investment, which
is the same for both financial reporting and income tax purposes, by
approximately $18,315,000. This sale represents the liquidation of the
most significant remaining asset of the Registrant.
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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.
PruTech Research and Development Partnership II
By: R&D Funding Corp
A Delaware corporation, General Partner
By: /s/ Steven Carlino Date: February 24, 1997
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Steven Carlino
Vice President
Chief Accounting Officer for the Registrant
