FORM 3
OMB APPROVAL
OMB NUMBER 3235-0104
EXPIRES: APRIL 30, 1997
ESTIMATED AVERAGE
BURDEN HOURS PER
RESPONSE..............0.5
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of
the Investment Company Act of 1940
1. Name and Address of Reporting Person
MERCK KGAA
FRANKFURTER STRASSE 250
D-64293 DARMSTADT, GERMANY
2. Date of Event Requiring Statement (Month/Day/Year)
2/12/97
3. IRS or Social Security Number of Reporting Person (Voluntary)
N/A
4. Issuer Name and Ticker or Trading Symbol
BIOSITE DIAGNOSTICS INCORPORATED - BSTE
5. Relationship of Reporting Person to Issuer (Check all applicable)
___ Director, ___ Officer (give title below), <check> 10% Owner,
___ Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Security (Instr. 4)
COMMON STOCK
2. Amount of Securities Beneficially Owned (Instr. 4)
1,187,667 SHARES
3. Ownership Form: Direct (D) or Inidrect (I) (Instr. 5)
D
4. Nature of Indirect Beneficial Ownership (Instr. 5)
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., puts, calls,
warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)
NO DERIVATIVE SECURITIES OWNED
2. Date Exercisable and Expiration Date (Month/Day/Year):
Date Exercisable:
Expiration Date:
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Title:
Amount or Number of Shares:
4. Conver-sion or Exercise Price of Derivative Security
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership (Instr. 5)
Explanation of Responses: PRIOR TO THE AN INITIAL PUBLIC OFFERING ("IPO") AND
IN RELATION THERETO, THE ISSUER FILED FORM S-1 (FILE NO. 333-17657) WITH THE
S.E.C. ON DECEMBER 11, 1996 (EFFECTIVE DATE: FEB. 12, 1997). IMMEDIATELY PRIOR
TO THE IPO, MERCK KGAA WAS THE BENEFICIAL OWNER OF 1,041,667 SHARES OF COMMON
STOCK (APPROXIMATELY 8.8%) OF THE ISSUER, OBTAINED AS THE RESULT OF THE
AUTOMATIC CONVERSION OF ITS SERIES E PREFERRED STOCK INTO COMMON STOCK IN THE
IPO, PURSUANT TO THE STOCK PURCHASE AGREEMENT, DATED AS OF NOVEMBER 25, 1992,
BETWEEN THE ISSUER AND MERCK KGAA. IN THE COURSE OF THE IPO, MERCK KGAA
ACQUIRED AN ADDITIONAL 146,000 SHARES OF COMMON STOCK AT A PRICE OF $12.00 PER
SHARE DIRECTLY FROM THE ISSUER, THEREBY ACQUIRING IN THE AGGREGATE AN
APPROXIMATELY 10.5% OWNERSHIP POSITION IN THE ISSUER. BOX 3 IS NOT APPLICABLE
BECAUSE THE REPORTING PERSON IS A GERMAN CORPORATION AND DOES NOT HAVE AN
I.R.S. NUMBER.
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<CAPTION>
<S> <C> <C>
** Intentional misstatements or /S/ KLAUS-PETER BRANDIS 2/17/97
ommissions of facts constitute _______________________________ _______
Federal Criminal Violations. **Signature of Reporting Person Date
By: Klaus-Peter Brandis
</TABLE>
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, SEE Instruction 6 for procedure.
Page 2
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