SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* ELAN CORP PLC (Last) (First) (Middle) LINCOLN HOUSE LINCOLN PLACE (Street) DUBLIN 2 L2 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/10/2001	3. Issuer Name and Ticker or Trading Symbol GLYCOGENESYS INC [ GLGS ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $.01 per share	2,700,000	I(1)	I(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (right to buy)	07/10/2001	07/10/2006	Common Stock	381,679	$2.43	I(1)	I(1)
Series A Preferred Stock	07/10/2003	(2)	Common Stock	4,944,440	$2.43	I(1)	I(1)
Series C Preferred Stock	07/10/2003	(2)	Common Stock	1,116,790	(3)	I(1)	I(1)

1. Name and Address of Reporting Person* ELAN CORP PLC (Last) (First) (Middle) LINCOLN HOUSE LINCOLN PLACE (Street) DUBLIN 2 L2 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ELAN INTERNATIONAL SERVICES LTD (Last) (First) (Middle) 102 JAMES COURT FLATTS SMITH PARISH FL 04 (Street) BERMUDA D0 00000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These Securities are owned directly by Elan International Services, Ltd., a wholly owned subsidiary of Elan Corporation, plc.

2. There is no expiration date.

3. The conversion ratio is 1000 shares of Common Stock for each share of Series C Preferred Stock. Exhibit 99 Exhibit 99 - Joint Information

	/s/ Shane Cooke, Name: Shane Cooke ,Title: CFO, ELAN CORPORATION, PLC	01/22/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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