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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
LA JOLLA PHARMACEUTICAL COMPANY
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
503459109
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(CUSIP Number)
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(Date of Event Which Requires Filing This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
Page 1 of 8 pages
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CUSIP No. 503459109
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
BB BIOTECH AG
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2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)
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3. SEC Use Only
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4. Citizenship or Place of Organization
Switzerland
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Number of 5. Sole Voting Power
Shares Bene-
ficially by -0-
Owned by Each
Reporting ----------------------------------------------------------
Person With:
6. Shared Voting Power
2,001,000
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7. Sole Dispositive Power
-0-
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8. Shared Dispositive Power
2,001,000
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,001,000
10. Check if the Aggregate Amount in Row (11) Excludes Certain shares
11. Percent of Class Represented by amount in Row (11)
9.95%
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12. Type of Reporting Person (See Instructions) HC, CO
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Page 2 of 8 pages
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CUSIP No. 503459109
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
BIOTECH TARGET S.A.
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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
PANAMA
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Number of 5. Sole Voting Power
Shares Bene-
ficially by -0-
Owned by Each
Reporting ----------------------------------------------------------
Person With:
6. Shared Voting Power
2,001,000
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7. Sole Dispositive Power
-0-
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8. Shared Dispositive Power
2,001,000
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,001,000
10. Check if the Aggregate Amount in Row (11) Excludes Certain shares
11. Percent of Class Represented by amount in Row (11)
9.95%
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12. Type of Reporting Person
CO
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Page 3 of 8 pages
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CUSIP No. 503459109
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ITEM 1.
(a) Name of Issuer
La Jolla Pharmaceutical Company
(b) Address of Issuer's Principal Executive Offices
6455 Nancy Ridge Drive
San Diego, CA 92121
ITEM 2.
(a) Name of Person Filing
BB Biotech AG ("BB Biotech")
Biotech Target S.A. ("Biotech Target")
(b) Address of Principal Business Office or, if none, Residence
BB Biotech Biotech Target
Vordergasse 3 Swiss Bank Tower
8200 Schaffhausen Panama 1
CH/Switzerland Republic of Panama
(c) Citizenship
See Item No. 4 of cover pages.
(d) Title of Class of Securities
Common Stock, Par Value $. 01 Per Share
(e) CUSIP Number
503459109
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
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CUSIP No. 503459109
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(d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
2,001,000
(b) Percent of class:
9.95%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
-0-
(ii) Shared power to vote or to direct the vote
2,001,000
(iii) Sole power to dispose or to direct the disposition of
-0-
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CUSIP No. 503459109
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(iv) Shared power to dispose or to direct the disposition
of 2,001,000
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 [ ].
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
This statement is filed jointly by BB Biotech and Biotech Target. Biotech
Target is a wholly-owned subsidiary of BB
Biotech.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9.
Not applicable.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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CUSIP No. 503459109
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SIGNATURES
After reasonable inquiry and the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
BB BIOTECH AG
Date: February 14, 2000 By: /s/ N. FREY
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Name: N. Frey
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Date: February 14, 2000 By: /s/ D. RACNJAK
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Name: D. Racnjak
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BIOTECH TARGET, S.A.
Date: February 14, 2000 By: /s/ N. FREY
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Name: N. Frey
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Date: February 14, 2000 By: /s/ D. RACNJAK
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Name: D. Racnjak
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Page 7 of 8 pages
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CUSIP No. 503459109
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EXHIBIT INDEX
Exhibit 1: Agreement by and between BB Biotech and Biotech Target with
respect to the filing of this disclosure statement.*
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* Previously filed.
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