LIPOSOME TECHNOLOGY INC /DE/
10-C, 1995-06-26
PHARMACEUTICAL PREPARATIONS
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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM
                  FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
                              OR 15d-17 THEREUNDER


                            LIPOSOME TECHNOLOGY, INC.
- --------------------------------------------------------------------------------
                 (Exact name of issuer as specified in charter)

                    960 HAMILTON COURT, MENLO PARK, CA 94025

- --------------------------------------------------------------------------------
                    (Address of principal executive offices)

Issuer's telephone number, including area code  (415) 323-9011
                                               ---------------

I.   CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding:

1.        Title of security
                            ----------------------------------------------------

2.        Number of shares outstanding before the change
                                                         -----------------------

3.        Number of shares outstanding after the change
                                                        ------------------------

4.        Effective date of change
                                   ---------------------------------------------

5.        Method of change:   Specify method (such as merger, acquisition,
                              exchange, distribution, stock split, acquisition
                              of stock for treasury, etc.)
- --------------------------------------------------------------------------------

Give brief description of transaction
                                      ------------------------------------------


                        II.     CHANGE IN NAME OF ISSUER

1.        Name prior to change    LIPOSOME TECHNOLOGY, INC.
                               -------------------------------------------------

2.        Name after change    SEQUUS PHARMACEUTICALS, INC.
                            ----------------------------------------------------

3.        Effective date of charter amendment changing name    JUNE 26, 1995
                                                            -------------------

4.        Date of shareholder approval of change, if required    N/A
                                                              -----------------

Date  June 26, 1995                        /s/ DONALD J. STEWART, V.P. FINANCE
     -------------------------------      --------------------------------------
                                                 (OFFICER'S SIGNATURE AND TITLE)




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