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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
GalaGen Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
362913 10 5
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(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 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).
Page 1 of 5
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CUSIP NO. 362913 10 5 13G PAGE 2 OF 5 PAGES
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Land O'Lakes, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) / /
Not Applicable
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
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5 SOLE VOTING POWER
NUMBER OF 1,215,869
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,215,869
PERSON
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WITH 8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,215,869
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.7%**
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO***
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** Calculated based on 7,234,974 shares outstanding as of December 31, 1997,
and Land O'Lakes, Inc.'s right to acquire beneficial ownership of 57,265
shares within 60 days.
*** Cooperative corporation.
Page 2 of 5
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Item 1.
(a) Name of Issuer
GalaGen Inc.
(b) Address of Issuer's Principal Executive Offices
4001 Lexington Avenue North
Arden Hills, Minnesota 55126
Item 2.
(a) Name of Person Filing
Land O'Lakes, Inc.
(b) Address of Principal Business Office or, if None, Residence
4001 Lexington Avenue North
Arden Hills, Minnesota 55126
(c) Citizenship
Not Applicable.
(d) Title of Class of Securities
Common Stock, $.01 par value
(e) CUSIP Number
362913 10 5
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), check
whether the person filing is a:
(a) / / Broker or Dealer registered under section 15 of the Act
(b) / / Bank as defined in section 3(a)(6) of the Act
(c) / / Insurance Company as defined in section 3(a)(19) of the Act
(d) / / Investment Company registered under section 8 of the
Investment Company Act
(e) / / Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) / / Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g) / / Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Not Applicable
Page 3 of 5
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Item 4. Ownership
(a) Amount Beneficially Owned
1,215,869
(b) Percent of Class
16.7%**
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
1,215,869
(ii) shared power to vote or to direct the vote
0
(iii)sole power to dispose or to direct the disposition of
1,215,869
(iv) shared power to dispose or to direct the disposition of
0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following .
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
** Calculated based on 7,234,974 shares outstanding as of December 31, 1997,
and Land O'Lakes, Inc.'s right to acquire beneficial ownership of 57,265
shares within 60 days.
Page 4 of 5
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Item 10. Certification
Not Applicable
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.
February 10, 1998
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Date
/s/ Ronald O. Ostby
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Signature
Ronald O. Ostby, Group Vice President
and Chief Financial Officer of Land
O'Lakes, Inc.
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Name
