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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
Medicis Pharmaceutical Corporation
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(Name of Issuer)
Common Stock
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(Title of class of securities)
584690309
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(CUSIP number)
Check the following box if a fee is being paid with this statement X (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
notes).
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CUSIP NO. 584690309 13G PAGE 2 OF 8 PAGES
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Morgan Stanley, Dean Witter, Discover & Co.
IRS # 39-314-5972
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,375,862
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
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PERSON WITH 8 SHARED DISPOSITIVE POWER
1,418,602
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,418,602
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.17%
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
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CUSIP NO. 584690309 13G PAGE 3 OF 8 PAGES
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Dean Witter InterCapital Inc.
IRS # 13-3680016
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 926,300
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
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PERSON WITH 8 SHARED DISPOSITIVE POWER
926,340
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
926,340
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.64%
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
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<TABLE>
<CAPTION>
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CUSIP NO. 584690309 13G PAGE 4 OF 8 PAGES
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<S> <C> <C>
Item 1 (a) Name of Issuer
Medicis Pharmaceutical Corporation
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Item 1 (b) Address of issuer's principal executive offices
4343 East Camelback Road
Suite 250
Phoenix, AZ 85018-2700
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Item 2 (a) Name of person filing
(a) Morgan Stanley, Dean Witter, Discover & Co.
(b) Dean Witter InterCapital Inc.
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Item 2 (b) Principal business office
(a) 1585 Broadway
New York, New York 10036
(b) Two World Trade Center
New York, New York 10048
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Item 2 (c) Citizenship
Incorporated by reference to Item 4 of the cover
page pertaining to each reporting person.
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Item 2 (d) Title of class of Securities
Common Stock
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Item 2 (e) Cusip No.
584690309
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Item 3 (a) Morgan Stanley, Dean Witter, Discover & Co. is (e)
an Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940.
(b) Dean Witter InterCapital Inc. is (e) an
Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940.
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Item 4 Ownership
Incorporated by reference to Items (5) - (9)
and (11) of the cover page.
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</TABLE>
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CUSIP NO. 584690309 13G PAGE 5 OF 8 PAGES
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Item 5 Ownership of 5 Percent or Less of a Class
Inapplicable
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Item 6 Ownership of More than 5 Percent on Behalf of Another
Person
Accounts managed on a discretionary basis by Dean Witter
InterCapital Inc., a wholly owned subsidiary of Morgan Stanley,
Dean Witter, Discover & Co., are known to have the right to
receive or the power to direct the receipt of dividends from, or
the proceeds from, the sale of such securities. No such account
holds more than 5 percent of the class.
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Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
Inapplicable
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Item 8 Identification and Classification of Members of the Group
Inapplicable
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Item 9 Notice of Dissolution of Group
Inapplicable
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Item 10 Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
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CUSIP NO. 584690309 13G PAGE 6 OF 8 PAGES
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After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information
set forth in this statement is true, complete and
correct.
Date : August 12, 1997
Signature : /s/ Barry Fink
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Name / Title : Barry Fink/Senior Vice President Dean Witter InterCapital Inc.
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DEAN WITTER INTERCAPITAL INC.
Date : August 12, 1997
Signature : /s/ Bruce Bromberg
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Name / Title : Bruce Bromberg / Morgan Stanley & Co., Incorporated
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MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
<TABLE>
<CAPTION>
INDEX TO EXHIBITS PAGE
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<S> <C> <C>
EXHIBIT 1 Agreement to Make a Joint Filing 7
EXHIBIT 2 Secretary's Certificate Authorizing Bruce Bromberg 8
to Sign on behalf of Morgan Stanley, Dean Witter,
Discover & Co.
</TABLE>
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CUSIP NO. 584690309 13G PAGE 6 OF 8 PAGES
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After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information
set forth in this statement is true, complete and
correct.
Date : August 12, 1997
Signature : /s/ Barry Fink
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Name / Title : Barry Fink/Senior Vice President Dean Witter InterCapital Inc.
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DEAN WITTER INTERCAPITAL INC.
Date : August 12, 1997
Signature : /s/ Bruce Bromberg
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Name / Title : Bruce Bromberg / Morgan Stanley & Co., Incorporated
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MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
<TABLE>
<CAPTION>
INDEX TO EXHIBITS PAGE
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<S> <C> <C>
EXHIBIT 1 Agreement to Make a Joint Filing 7
EXHIBIT 2 Secretary's Certificate Authorizing Bruce Bromberg 8
to Sign on behalf of Morgan Stanley, Dean Witter,
Discover & Co.
</TABLE>
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CUSIP NO. 584690309 13G PAGE 7 OF 8 PAGES
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EXHIBIT 1 TO SCHEDULE 13G
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AUGUST 12, 1997
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MORGAN STANLEY, DEAN WITTER, DISCOVER & CO. AND DEAN WITTER INTERCAPITAL
INC. hereby agree that, unless differentiated, this Schedule 13G is filed
on behalf of each of the parties.
DEAN WITTER INTERCAPITAL INC.
BY: /s/ Barry Fink
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Barry Fink / Senior Vice President Dean Witter InterCapital Inc.
MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
BY: /s/ Bruce Bromberg
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Bruce Bromberg / Morgan Stanley & Co., Incorporated
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Page 8 of 8
MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
SECRETARY'S CERTIFICATE
I, Charlene R. Herzer, a duly elected and acting Assistant Secretary of
Morgan Stanley, Dean Witter, Discover & Co., a corporation organized and
existing under the laws of the State of Delaware (the "Corporation"), certify
that, as approved by a Unanimous Consent of Directors in Lieu of a Meeting
dated as of May 31, 1997, the following persons are each authorized to sign
reports to be filed under Sections 13 and 16 of the Securities Exchange Act of
1934 on behalf of the Corporation, and such authorizations are in full force
and effect as of this date:
Stuart J.M. Breslow
Robert G. Koppenol
Bruce Bromberg
Robin Sherak
IN WITNESS WHEREOF, I have hereunto set my name and affixed the seal of
the Corporation as of the 3rd day of June, 1997.
/s/ Charlene R. Herzer
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Charlene R. Herzer
Assistant Secretary
[SEAL]
