ALGOS PHARMACEUTICAL CORP
SC 13G, 1998-02-17
PHARMACEUTICAL PREPARATIONS
Previous: ALGOS PHARMACEUTICAL CORP, SC 13G, 1998-02-17
Next: ALGOS PHARMACEUTICAL CORP, SC 13G, 1998-02-17





<PAGE>

<PAGE>


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                                 (RULE 13D-102)

             INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                        ALGOS PHARMACEUTICAL CORPORATION
                                (NAME OF ISSUER)

                     COMMON STOCK, PAR VALUE $.01 PER SHARE
                         (TITLE OF CLASS OF SECURITIES)

                                   015869 10 0
                                 (CUSIP NUMBER)

                                Page 1 of 5 pages


<PAGE>

<PAGE>



                                       13G

CUSIP NO.         015869 10 0
                  -----------

1.       NAME OF REPORTING PERSON:

                   KAREN LYLE
                  ------------------------------------------------------------- 
2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                                        (A) [ ]
                                                                        (B) [ ]

3.       SEC USE ONLY

4.       CITIZENSHIP OR PLACE OF ORGANIZATION:
                    UNITED STATES CITIZEN
                  ------------------------------------------------------------- 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:

5.       SOLE VOTING POWER:

                                              1,742,654
                  ------------------------------------------------------------- 

6.       SHARED VOTING POWER:

                                                 -0-
                  ------------------------------------------------------------- 

7.       SOLE DISPOSITIVE POWER:

                                              1,742,654
                  ------------------------------------------------------------- 

8.       SHARED DISPOSITIVE POWER:

                                                  -0-
                  ------------------------------------------------------------- 

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
         PERSON:

                                               1,742,654
                  ------------------------------------------------------------- 

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES:

                               [ ]

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:  10.9%
                  ------------------------------------------------------------- 

12.      TYPE OF REPORTING PERSON:

                                      IN
                  ------------------------------------------------------------- 

                                Page 2 of 5 pages


<PAGE>

<PAGE>



Item 1.

         (a)      Name of Issuer:  Algos Pharmaceutical Corporation

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

                        Collingwood Plaza, 4900 Route 33
                         Neptune, New Jersey 07753-6804

Item 2.

         (a)      Name of Person Filing:  Karen Lyle

         (b)      Address of Principal Business Office:

                        Algos Pharmaceutical Corporation
                        Collingwood Plaza, 4900 Route 33
                        Neptune, New Jersey 07753-6804

         (c)      Citizenship:  United States

         (d)      Title of Class of Securities:

                          Common Stock, $.01 par value

         (e)      CUSIP Number:  015869 10 0

Item 3.           Not applicable.

Item 4.           Ownership

         (a)      Amount Beneficially Owned:  1,742,654

         (b)      Percent of Class:  10.9%

         (c)      Number of shares as to which such person has:

                  (i)               sole power to vote or to direct the vote:

                                                 1,742,654
                                    --------------------------------------------

                  (ii)              shared power to vote or to direct the vote:

                                                    -0-
                                    --------------------------------------------

                  (iii)             sole power to dispose or to direct the
                                    disposition of:

                                                 1,742,654
                                    -------------------------------------------

                  (iv)              shared power to dispose or to direct the
                                    disposition of:

                                                    -0-
                                    -------------------------------------------

                                Page 3 of 5 pages


<PAGE>

<PAGE>




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:

                  The 1,742,654 shares reported by Mrs. Lyle, includes 74,700
                  shares of common stock and options to purchase 300,500 shares
                  owned directly by John Lyle, husband of Mrs. Lyle, and 38
                  shares owned directly by Mrs. Lyle's son, as to which Mrs.
                  Lyle disclaims beneficial ownership.

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 4 of 5 pages


<PAGE>

<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.

Date:   February 13, 1998

                                               /s/ Karen  Lyle
                                               ------------------------------
                                               Karen Lyle






                                Page 5 of 5 pages




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