SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G/A
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(B), (C) AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2(B)
(AMENDMENT NO. 1)*
REGENERON PHARMACEUTICALS, INC.
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
75886F 10 7
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(CUSIP Number)
September 3, 2002
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(Date of Event Which Requires Filing of 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)
*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 15
Exhibit Index on Page 13
CUSIP NO. 75886F 10 7 13G/A PAGE 2 ----- of ----- 15 PAGES
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
Kedge Capital Funds Limited, Special Situations 1 Fund
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Jersey (Channel Islands)
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Number of 5 Sole Voting Power
N/A
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Shares 6 Shared Voting Power
4,000,000
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Beneficially 7 Sole Dispositive Power
N/A
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Owned by 8 Shared Dispositive Power
Each
Reporting 4,000,000
Person With
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,000
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10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ] (See Instructions)
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11 Percent of Class Represented by Amount in Row (9)
9.6%
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12 Type of Reporting Person (See Instructions)
CO
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CUSIP NO. 75886F 10 7 13G/A PAGE 3 ----- of ----- 15 PAGES
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
Feldon Invest SA
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (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
N/A
------------------------------------------------------------------
Shares 6 Shared Voting Power
4,000,000
------------------------------------------------------------------
Beneficially 7 Sole Dispositive Power
N/A
------------------------------------------------------------------
Owned by 8 Shared Dispositive Power
Each
Reporting 4,000,000
Person With
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,000
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ] (See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
9.6%
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12 Type of Reporting Person (See Instructions)
CO
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CUSIP NO. 75886F 10 7 13G/A PAGE 4 ----- of ----- 15 PAGES
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
Emfeld Ltd
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Cayman Islands
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Number of 5 Sole Voting Power
N/A
------------------------------------------------------------------
Shares 6 Shared Voting Power
4,000,000
------------------------------------------------------------------
Beneficially 7 Sole Dispositive Power
N/A
------------------------------------------------------------------
Owned by 8 Shared Dispositive Power
Each
Reporting 4,000,000
Person With
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,000
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ] (See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
9.6%
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12 Type of Reporting Person (See Instructions)
CO
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CUSIP NO. 75886F 10 7 13G/A PAGE 5 ----- of ----- 15 PAGES
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
Bertarelli & Cie
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (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
N/A
------------------------------------------------------------------
Shares 6 Shared Voting Power
4,000,000
------------------------------------------------------------------
Beneficially 7 Sole Dispositive Power
N/A
------------------------------------------------------------------
Owned by 8 Shared Dispositive Power
Each
Reporting 4,000,000
Person With
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,000
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ] (See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
9.6%
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12 Type of Reporting Person (See Instructions)
OO
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CUSIP NO. 75886F 10 7 13G/A PAGE 6 ----- of ----- 15 PAGES
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
Ernesto Bertarelli
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2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (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
N/A
------------------------------------------------------------------
Shares 6 Shared Voting Power
4,000,000
------------------------------------------------------------------
Beneficially 7 Sole Dispositive Power
N/A
------------------------------------------------------------------
Owned by 8 Shared Dispositive Power
Each
Reporting 4,000,000
Person With
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
4,000,000
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ] (See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
9.6%
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12 Type of Reporting Person (See Instructions)
IN
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CUSIP NO. 75886F 10 7 13G/A PAGE 7 ----- of ----- 15 PAGES
ITEM 1(a). NAME OF ISSUER:
Regeneron Pharmaceuticals, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
777 Old Saw Mill River Road
Tarrytown, New York 10591-6707
ITEM 2(a). NAMES OF PERSONS FILING:
This statement is being filed jointly by:
(i) Kedge Capital Funds Limited, Special Situations 1
Fund, a Jersey (Channel Islands) corporation, the holder
of an aggregate of 4,000,000 shares of the issuer's
common stock, par value $0.001.
(ii) Feldon Invest SA, a Panamanian stock company,
which, along with other entities controlled directly or
indirectly by Ernesto Bertarelli, holds all of the
issued and outstanding voting stock of Kedge Capital
Funds Limited;
(iii) Emfeld Ltd, a Cayman Islands stock company, which
is the holder of all of the issued and outstanding
capital stock of Feldon Invest SA;
(iv) Bertarelli & Cie, a societe en commandite par
actions organized under the laws of Switzerland, which
is the holder of all of the issued and outstanding
capital stock of Emfeld Ltd; and
(v) Ernesto Bertarelli, an individual, who, as
President, Managing Director and controlling shareholder
of Bertarelli & Cie, controls that entity.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
For Kedge Capital Funds Limited, Special Situations 1 Fund:
Lord Coutanche House
66-68 Esplanade
St. Helier
Jersey (Channel Islands)
JE4 5YQ
For Feldon Invest SA:
Urbanizacion Obarrio
Swiss Bank Building
53rd Street
Panama City, Panama
For Emfeld Ltd:
One Capital Place
Second Floor
P.O. Box 1787
George Town, Grand Cayman, Cayman Islands
CUSIP NO. 75886F 10 7 13G/A PAGE 8 ----- of ----- 15 PAGES
For Ernesto Bertarelli and Bertarelli & Cie:
c/o Abacus Conseil et Expertise Comptable SA
2, Chemin des Mines
CH-1202 Geneva
Switzerland
ITEM 2(c). CITIZENSHIP:
Kedge Capital Funds Limited, Special Situations 1 Fund: A
corporation organized under the laws of Jersey (Channel
Islands)
Feldon Invest SA: A stock company organized under the laws of
Panama
Emfeld Ltd: A stock company organized under the laws of the
Cayman Islands
Bertarelli & Cie: A societe en commandite par actions
organized under the laws of Switzerland
Ernesto Bertarelli: Switzerland
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.001 per share
ITEM 2(e). CUSIP NUMBER:
75886F 10 7
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR
13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP.
The ownership percentage set forth below is based on 41,522,075 shares of
common stock outstanding as of July 31, 2002, as reported in the issuer's
quarterly report on Form 10-Q dated August 13, 2002.
With respect to Kedge Capital Funds Limited, Special Situations 1 Fund:
(a) Amount beneficially owned: 4,000,000
(b) Percent of class: 9.6%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: N/A
(ii) Shared power to vote or to direct the vote: 4,000,000
(iii) Sole power to dispose or to direct the disposition of:
N/A
(iv) Shared power to dispose or to direct the disposition of:
4,000,000
CUSIP NO. 75886F 10 7 13G/A PAGE 9 ----- of ----- 15 PAGES
With respect to Feldon Invest SA:
(a) Amount beneficially owned: 4,000,000
(b) Percent of class: 9.6%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: N/A
(ii) Shared power to vote or to direct the vote: 4,000,000
(iii) Sole power to dispose or to direct the disposition of:
N/A
(v) Shared power to dispose or to direct the disposition of:
4,000,000
With respect to Emfeld Ltd:
(a) Amount beneficially owned: 4,000,000
(b) Percent of class: 9.6%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: N/A
(ii) Shared power to vote or to direct the vote: 4,000,000
(iii) Sole power to dispose or to direct the disposition of:
N/A
(iv) Shared power to dispose or to direct the disposition of:
4,000,000
With respect to Bertarelli & Cie:
(a) Amount beneficially owned: 4,000,000
(b) Percent of class: 9.6%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: N/A
(ii) Shared power to vote or to direct the vote: 4,000,000
(iii) Sole power to dispose or to direct the disposition of:
N/A
(iv) Shared power to dispose or to direct the disposition of:
4,000,000
With respect to Ernesto Bertarelli:
(a) Amount beneficially owned: 4,000,000
(b) Percent of class: 9.6%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: N/A
CUSIP NO. 75886F 10 7 13G/A PAGE 10 ----- of ----- 15 PAGES
(ii) Shared power to vote or to direct the vote: 4,000,000
(iii) Sole power to dispose or to direct the disposition of:
N/A
(iv) Shared power to dispose or to direct the disposition of:
4,000,000
CUSIP NO. 75886F 10 7 13G/A PAGE 11 ----- of ----- 15 PAGES
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 OR CONTROL PERSON.
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. CERTIFICATIONS.
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.
CUSIP NO. 75886F 10 7 13G/A PAGE 12 ----- of ----- 15 PAGES
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
Dated: September 4, 2002
KEDGE CAPITAL FUNDS LIMITED, SPECIAL
SITUATIONS 1 FUND
/s/ Thomas J. Plotz
---------------------------------------
By: Thomas J. Plotz
Title: Attorney-in-Fact
FELDON INVEST SA
/s/ Thomas J. Plotz
---------------------------------------
By: Thomas J. Plotz
Title: Attorney-in-Fact
EMFELD LTD
/s/ Thomas J. Plotz
---------------------------------------
By: Thomas J. Plotz
Title: Attorney-in-Fact
BERTARELLI & CIE
/s/ Thomas J. Plotz
---------------------------------------
By: Thomas J. Plotz
Title: Attorney-in-Fact
/s/ Ernesto Bertarelli*
---------------------------------------
Ernesto Bertarelli
* By:
/s/ Thomas J. Plotz
---------------------------------------
Thomas J. Plotz, Attorney-in-Fact
CUSIP NO. 75886F 10 7 13G/A PAGE 13 ----- of ----- 15 PAGES
EXHIBITS
*1. Power of Attorney of Feldon Invest SA
*2. Power of Attorney of Emfeld Ltd
*3. Power of Attorney of Bertarelli & Cie
*4. Power of Attorney of Ernesto Bertarelli
5. Joint Filing Agreement Pursuant to Rule 13d-1(k)(1) Page 14
6. Power of Attorney of Kedge Capital Funds Limited,
Special Situations 1 Fund Page 15
*Previously filed as an exhibit to the Schedule 13G filed by Feldon Invest SA,
Emfeld Ltd., Bertarelli & Cie and Ernesto Bertarelli with the Securities and
Exchange Commission on April 2, 2001 and incorporated herein by reference.
CUSIP NO. 75886F 10 7 13G/A PAGE 14 ----- of ----- 15 PAGES
Exhibit 5
---------
Joint Filing Agreement Pursuant to Rule 13d-1(k)(1)
The undersigned hereby agree that this document shall be filed on behalf of
each of them.
By: KEDGE CAPITAL FUNDS
LIMITED, SPECIAL
SITUATIONS 1 FUND
By: /s/ Thomas J. Plotz
-------------------------------------
Name: Thomas J. Plotz
Title: Attorney-in-Fact
FELDON INVEST SA
By: /s/ Thomas J. Plotz
-------------------------------------
Name: Thomas J. Plotz
Title: Attorney-in-Fact
EMFELD LTD
By: /s/ Thomas J. Plotz
-------------------------------------
Name: Thomas J. Plotz
Title: Attorney-in-Fact
BERTARELLI & CIE
By: /s/ Thomas J. Plotz
-------------------------------------
Name: Thomas J. Plotz
Title: Attorney-in-Fact
By: /s/ Ernesto Bertarelli*
-------------------------------------
Ernesto Bertarelli
* By: /s/ Thomas J. Plotz
------------------------------------
Thomas J. Plotz, Attorney-in-Fact
Dated: September 4, 2002
CUSIP NO. 75886F 10 7 13G/A PAGE 15 ----- of ----- 15 PAGES
Exhibit 6
---------
August 30, 2002
POWER OF ATTORNEY
-----------------
The undersigned, Kedge Capital Funds Limited, Special Situations 1 Fund, a
corporation organized under the laws of Jersey, by its representatives thereunto
duly authorized, hereby constitutes and appoints Thomas J. Plotz, of Shaw
Pittman LLP, Washington, D.C., U.S.A., with full power of substitution, its true
and lawful attorney-in-fact and agent, in any and all capacities, to sign any
and all reports, documents and certificates to be delivered or filed with
respect to the ownership, direct or indirect, of the undersigned of shares of
the capital stock of Regeneron Pharmaceuticals, Inc., a New York corporation,
including, but not limited to, the Schedule 13D or Schedule 13G, the Form 3, any
Form 4, any Form 5 and any amendment to any of the foregoing, each to be filed
with the United States Securities and Exchange Commission, and to file any such
other reports, documents and certificates with respect thereto with any agencies
and instrumentalities and other persons with which such other reports, documents
or certificates are required to be filed or delivered; and the undersigned
hereby grants unto said attorney-in-fact and agent full power and authority to
do and perform each and every act and thing requisite and necessary to be done
in and about the premises, as fully to all intents and purposes as it might or
could do in person, and hereby ratifies and confirms all that said
attorney-in-fact and agent, or other substitutes, may lawfully do or cause to be
done.
Kedge Capital Funds Limited,
Special Situations 1 Fund
By: /s/ David Hall
---------------------------
Name: David Hall
Title: Director
By: /s/ Peter Newbald
---------------------------
Name: Peter Newbald
Title: Director