MENLEY & JAMES INC
SC 13G/A, 1997-02-14
PHARMACEUTICAL PREPARATIONS
Previous: ESSENTIAL RESOURCES INC, NT 10-Q, 1997-02-14
Next: AMYLIN PHARMACEUTICALS INC, SC 13G/A, 1997-02-14



<PAGE>

                                               -------------------------------
                                                        OMB APPROVAL
                                               -------------------------------
                                               OMB Number:        3235-0145
                                               Expires:   December 31, 1997
                                               Estimated average burden
                                               hours per response.....14.90
                                               -------------------------------


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                              Menley & James, Inc.
                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
                         (Title of Class of Securities)

                                   586817 10 8
                                 (CUSIP Number)

  *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 on 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).



                           Page 1 of 9 Pages
<PAGE>

- ---------------------------                         ----------------------------
CUSIP No.  586817 10 8               13G            Page  2  of 9  Pages
- ---------------------------                         ----------------------------

- ---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Warburg, Pincus Investors, L.P.             I.D.# 13-3549187
- ---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                             (a) [ ]
                                                             (b) [X]

- ---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

- ---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
- -------------------- ------ ----------------------------------------------------
                         5  SOLE VOTING POWER

                            -0-
                     ------ ----------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             3,020,478
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 -0-
                       ------ --------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            3,020,478
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           3,020,478
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES*       [ ]
- ---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           49.1%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           PN
- ---------- ---------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>

- ---------------------------                         ----------------------------
CUSIP No.  586817 10 8               13G            Page  3  of 9  Pages
- ---------------------------                         ----------------------------

- ---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Warburg, Pincus & Co.               I.D.# 13-6358475
- ---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                             (a) [ ]
                                                             (b) [X]

- ---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

- ---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
- -------------------- ------ ----------------------------------------------------
                         5  SOLE VOTING POWER

                            -0-
                     ------ ----------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             3,020,478
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 -0-

                     ------ ----------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            3,020,478
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           3,020,478
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES*     [ ]
- ---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           49.1%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           PN
- ---------- ---------------------------------------------------------------------

                   *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>

- ---------------------------                         ----------------------------
CUSIP No.  586817 10 8               13G            Page  4  of 9  Pages
- ---------------------------                         ----------------------------

- ---------- ---------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           E.M. Warburg, Pincus & Co., LLC             I.D.# 13-3536050
- ---------- ---------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                             (a) [ ]
                                                             (b) [X]

- ---------- ---------------------------------------------------------------------
        3  SEC USE ONLY

- ---------- ---------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           New York
- -------------------- ------ ----------------------------------------------------
                         5  SOLE VOTING POWER

                            -0-
                     ------ ----------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             3,020,478
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 -0-
                       ------ --------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            3,020,478
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           3,020,478
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES*       [ ]
- ---------- ---------------------------------------------------------------------
       11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           49.1%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

           OO
- ---------- ---------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>


Item 1(a).               Name of Issuer:

                         Menley & James, Inc. (the "Issuer")

Item 1(b).               Address of Issuer's Principal Executive Offices:

                         100 Tournament Drive
                         Horsham, PA  19044

Items 2(a)               Name of Person Filing; Address of Principal
and (b).                 Business Office:

                         This statement is filed by and on behalf of
                         (a) Warburg, Pincus Investors, L.P., a
                         Delaware limited partnership ("WPI"); (b)
                         Warburg, Pincus & Co., a New York general
                         partnership ("WP"); and (c) E.M. Warburg,
                         Pincus & Co., LLC, a New York limited
                         liability company ("EMW LLC"), which manages
                         WPI. WP, as the sole general partner of WPI,
                         has a 20% interest in the profits of WPI.
                         Lionel I. Pincus is the managing partner of
                         WP and the managing member of EMW LLC and may
                         be deemed to control both WP and EMW LLC. The
                         members of EMW LLC are substantially the same
                         as the partners of WP. The business address
                         of each of the foregoing is 466 Lexington
                         Avenue, New York, New York 10017.

Item 2(c).               Citizenship:

                         Not Applicable

Item 2(d).               Title of Class of Securities:

                         Common Stock, par value $0.01 per share (the "Common
                         Stock")

Item 2(e).               CUSIP Number:

                         586817 10 8

Item 3.                  Not Applicable

Item 4.                  Ownership:

                          (a)     3,020,478 shares of Common Stock, as of
                                  December 31, 1996.

                          (b)     49.1%


                           Page 5 of 9 Pages

<PAGE>


                          (c)     (i)      -0-
                                 (ii)      3,020,478
                                 (iii)     -0-
                                 (iv)      3,020,478

Item 5.                  Ownership of Five Percent or Less of a Class:

                         Not Applicable

Item 6.                  Ownership of More than Five Percent on Behalf of
                         Another Person:

                         Not Applicable

Item 7.                  Identification and Classification of the
                         Subsidiary Which Acquired the Security Being
                         Reported on By the Parent Holding Company:

                         Not Applicable

Item 8.                  Identification and Classification of
                         Members of the Group:

                         Not Applicable

Item 9.                  Notice of Dissolution of Group:

                         Not Applicable

Item 10.                 Certification:

                         Not Applicable


                            Page 6 of 9 Pages

<PAGE>


                                    SIGNATURE

         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.

Dated:  February 14, 1997


                                            WARBURG, PINCUS INVESTORS, L.P.

                                            By:      Warburg, Pincus & Co.,
                                                     General Partner


                                            By:  /s/ Stephen Distler
                                                     Stephen Distler, Partner



                                            WARBURG, PINCUS & CO.


                                            By:  /s/ Stephen Distler
                                                     Stephen Distler, Partner



                                            E.M. WARBURG, PINCUS & CO., LLC


                                            By:  /s/ Stephen Distler
                                                     Stephen Distler, Member


                             Page 7 of 9 Pages

<PAGE>




                                    EXHIBITS

Exhibit 1                  Joint Filing Agreement, dated February 14, 1997,
                           among the signatories to this Schedule 13G.




















                            Page 8 of 9 Pages



<PAGE>

                                                            Exhibit 1



                             JOINT FILING AGREEMENT
                          PURSUANT TO RULE 13d-1(f)(1)

                  The undersigned acknowledge and agree that the foregoing
statement on Schedule 13G is filed on behalf of each of the undersigned and
that all subsequent amendments to this statement on Schedule 13G shall be filed
on behalf of each of the undersigned without the necessity of filing additional
joint filing agreements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning it contained therein, but shall not
be responsible for the completeness and accuracy of the information concerning
the others, except to the extent that it knows or has reason to believe that
such information is inaccurate. This Agreement may be executed in any number of
counterparts and all of such counterparts taken together shall constitute one
and the same instrument.

Dated:  February 14, 1997


                                            WARBURG, PINCUS INVESTORS, L.P.

                                            By:      Warburg, Pincus & Co.,
                                                     General Partner


                                            By:  /s/ Stephen Distler
                                                     Stephen Distler, Partner



                                            WARBURG, PINCUS & CO.


                                            By:  /s/ Stephen Distler
                                                     Stephen Distler, Partner



                                            E.M. WARBURG, PINCUS & CO., LLC


                                            By:  /s/ Stephen Distler
                                                     Stephen Distler, Member


                           Page 9 of 9 Pages



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission