-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QmdA2BYIg3Ei9Y9/IQVkz0hfJxyC3w/niMAwtpQT/j+/QWDetg96VAW6Uf06oE/b 70WJpuPlf/6xd/9DlaqaOw== 0001125282-05-000676.txt : 20050214 0001125282-05-000676.hdr.sgml : 20050214 20050214103623 ACCESSION NUMBER: 0001125282-05-000676 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050214 DATE AS OF CHANGE: 20050214 GROUP MEMBERS: S.A.C. CAPITAL ADVISORS, LLC GROUP MEMBERS: S.A.C. CAPITAL ASSOCIATES, LLC GROUP MEMBERS: S.A.C. CAPITAL MANAGEMENT, LLC GROUP MEMBERS: S.A.C. HEALTHCO FUND, LLC GROUP MEMBERS: S.A.C. MULTIQUANT FUND, LLC GROUP MEMBERS: STEVEN A. COHEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KERYX BIOPHARMACEUTICALS INC CENTRAL INDEX KEY: 0001114220 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 134087132 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78786 FILM NUMBER: 05603889 BUSINESS ADDRESS: STREET 1: 750 LEXINGTON AVENUE STREET 2: . CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-531-5965 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAC CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0001018103 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2036142000 MAIL ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 SC 13G/A 1 b404652_13ga.txt AMENDMENT TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* Keryx Biopharmaceuticals Inc. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.001 Par Value Per Share - ------------------------------------------------------------------------------- (Title of Class of Securities) 492515101 --------- (CUSIP Number) December 31, 2004 ----------------- (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 on 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 13 - ---------------------- ----------------------- CUSIP No. 492515101 13G Page 2 of 13 Pages - ---------------------- ----------------------- - ---------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON S.A.C. Capital Advisors, LLC - ---------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ---------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ----- --------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED ----- --------------------------------------------------- BY 6 SHARED VOTING POWER EACH REPORTING 1,821,506* (see Item 4) PERSON ----- --------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 ----- --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,821,506* (see Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,821,506* (see Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 2 of 13 - ---------------------- ----------------------- CUSIP No. 492515101 13G Page 3 of 13 Pages - ---------------------- ----------------------- - ---------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON S.A.C. Capital Management, LLC - ---------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ---------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------- ------ --------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED ------ --------------------------------------------------- BY 6 SHARED VOTING POWER EACH REPORTING 1,821,506* (see Item 4) PERSON ------ --------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 ------ --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,821,506* (see Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,821,506* (see Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 3 of 13 - ---------------------- ----------------------- CUSIP No. 492515101 13G Page 4 of 13 Pages - ---------------------- ----------------------- - ---------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON S.A.C. Capital Associates, LLC - ---------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ---------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Anguilla, British West Indies - -------------------- ------ --------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED ------ --------------------------------------------------- BY 6 SHARED VOTING POWER EACH REPORTING 1,245,000 (see Item 4) PERSON ------ --------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 ------ --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,245,000 (see Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,245,000 (see Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.0% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 4 of 13 - ---------------------- ----------------------- CUSIP No. 492515101 13G Page 5 of 13 Pages - ---------------------- ----------------------- - ---------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON S.A.C. Healthco Fund, LLC - ---------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ---------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Anguilla, British West Indies - -------------------- ------ --------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED ------ --------------------------------------------------- BY 6 SHARED VOTING POWER EACH REPORTING 514,588* (see Item 4) PERSON ------ --------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 ------ --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 514,588* (see Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 514,588* (see Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 5 of 13 - ---------------------- ----------------------- CUSIP No. 492515101 13G Page 6 of 13 Pages - ---------------------- ----------------------- - ---------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON S.A.C. MultiQuant Fund, LLC - ---------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ---------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Anguilla, British West Indies - -------------------- ------ --------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED ------ --------------------------------------------------- BY 6 SHARED VOTING POWER EACH REPORTING 61,800 (see Item 4) PERSON ------ --------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 ------ --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 61,800 (see Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 61,800 (see Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Less than 0.2% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 6 of 13 - ---------------------- ----------------------- CUSIP No. 492515101 13G Page 7 of 13 Pages - ---------------------- ----------------------- - ---------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Steven A. Cohen - ---------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ---------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------- ------ --------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED ------ --------------------------------------------------- BY 6 SHARED VOTING POWER EACH REPORTING 1,821,506* (see Item 4) PERSON ------ --------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 ------ --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,821,506* (see Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,821,506* (see Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% (see Item 4) - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- -------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Page 7 of 13 ITEM 1(A) NAME OF ISSUER: -------------- Keryx Biopharmaceuticals Inc. ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: ----------------------------------------------- 750 Lexington Avenue New York, New York 10022 ITEMS 2(A) NAME OF PERSON FILING: This statement is filed by: (i) S.A.C. Capital Advisors, LLC, ("SAC Capital Advisors") with respect to Shares beneficially owned by S.A.C. Capital Associates, LLC ("SAC Capital Associates"), S.A.C. Healthco Fund, LLC ("SAC Healthco") and S.A.C. MultiQuant Fund, LLC ("SAC MultiQuant"); (ii) S.A.C. Capital Management, LLC, ("SAC Capital Management") with respect to Shares beneficially owned by SAC Capital Associates, SAC Healthco and SAC MultiQuant; (iii) SAC Capital Associates with respect to Shares beneficially owned by it; (iv) SAC Healthco with respect to Shares beneficially owned by it; (v) SAC MultiQuant with respect to Shares beneficially owned by it; (vi) Steven A. Cohen with respect to Shares beneficially owned by SAC Capital Advisors, SAC Capital Management, SAC Capital Associates, SAC Healthco and SAC MultiQuant. ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE: The address of the principal business office of (i) SAC Capital Advisors and Mr. Cohen is 72 Cummings Point Road, Stamford, Connecticut 06902, (ii) SAC Capital Management is 540 Madison Avenue, New York, New York 10022, and (iii) SAC Capital Associates, SAC Healthco and SAC MultiQuant is P.O. Box 58, Victoria House, The Valley, Anguilla, British West Indies. ITEM 2(C) CITIZENSHIP: SAC Capital Advisors and SAC Capital Management are Delaware limited liability companies. SAC Capital Associates, SAC Healthco and SAC MultiQuant are Anguillan limited liability companies. Mr. Cohen is a United States citizen. Page 8 of 13 ITEM 2(D) TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.001 per share ITEM 2(E) CUSIP NUMBER: 492515101 ITEM 3 Not Applicable ITEM 4 OWNERSHIP: The percentages used herein are calculated based upon the Shares issued and outstanding as of November 5, 2004 as reported on the Company's quarterly report on Form 10-Q filed with the Securities and Exchange Commission by the Issuer for the quarterly period ended September 30, 2004. As of the close of business on December 31, 2004: 1. S.A.C. Capital Advisors, LLC (a) Amount beneficially owned: 1,821,506* (b) Percent of class: 5.6% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,821,506* (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,821,506* 2. S.A.C. Capital Management, LLC (a) Amount beneficially owned: 1,821,506* (b) Percent of class: 5.6% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,821,506* (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,821,506* Page 9 of 13 3. S.A.C. Capital Associates, LLC (a) Amount beneficially owned: 1,245,000 (b) Percent of class: 4.0% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,245,000 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,245,000 4. S.A.C. Healthco Fund, LLC (a) Amount beneficially owned: 514,588* (b) Percent of class: 1.6% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 514,588* (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 514,588* 5. S.A.C. MultiQuant Fund, LLC (a) Amount beneficially owned: 61,800 (b) Percent of class: Less than 0.2% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 61,800 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 61,800 6. Steven A. Cohen (a) Amount beneficially owned: 1,821,506* (b) Percent of class: 5.6% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 1,821,506* (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 1,821,506* *The number of shares reported herein includes 94,118 shares issuable upon exercise warrants held by SAC Healthco. SAC Capital Advisors, SAC Capital Management, and Mr. Cohen own directly no shares of Common Stock. Pursuant to investment agreements, each of SAC Capital Advisors and SAC Capital Management share all investment and voting power with respect to the securities held by SAC Capital Associates, SAC Healthco and SAC MultiQuant. Mr. Cohen controls each of SAC Capital Advisors and SAC Capital Management. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of SAC Capital Advisors, SAC Capital Management and Mr. Cohen may be deemed to own beneficially 1,821,506 Shares (constituting approximately 5.6% of the Shares outstanding). Each of SAC Capital Advisors, SAC Capital Management, and Mr. Cohen disclaim beneficial ownership of any of the securities covered by this statement. Page 10 of 13 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: ----------------------------------------- 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: By signing below the signatory certifies that, to the best of his 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. Page 11 of 13 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. Dated: February 14, 2005 S.A.C. CAPITAL ADVISORS, LLC By: /s/ Peter Nussbaum ----------------------------------------- Name: Peter Nussbaum Title: Authorized Person S.A.C. CAPITAL MANAGEMENT, LLC By: /s/ Peter Nussbaum ----------------------------------------- Name: Peter Nussbaum Title: Authorized Person S.A.C. CAPITAL ASSOCIATES, LLC By: /s/ Peter Nussbaum ----------------------------------------- Name: Peter Nussbaum Title: Authorized Person S.A.C. HEALTHCO FUND, LLC By: /s/ Peter Nussbaum ----------------------------------------- Name: Peter Nussbaum Title: Authorized Person Page 12 of 13 S.A.C. MULTIQUANT FUND, LLC By: /s/ Peter Nussbaum ----------------------------------------- Name: Peter Nussbaum Title: Authorized Person STEVEN A. COHEN By: /s/ Peter Nussbaum ----------------------------------------- Name: Peter Nussbaum Title: Authorized Person Page 13 of 13 -----END PRIVACY-ENHANCED MESSAGE-----