13F-HR 1 durusjun02.txt DURUS CAPITAL MANAGEMENT LLC JUN 30 2002 13FHR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Quarter Ended: June 30, 2002 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Durus Capital Management LLC Address: 20 Marshall St, ste 320 South Norwalk, CT 06854 13F File Number: 028-10001 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements schedules, lists, and tables, are considered integral parts of this form. Person Signing this report on Behalf of Reporting Manager: Name: Douglas Schmidt Title: COO Phone: 203-899-3102 Signature, Place, and Date of Signing: Douglas Schmidt South Norwalk, CT August 14, 20002 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total 29 Form 13F Information Table Value Total: $149,375 (in thousands) FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABGENIX INC COM 00339B107 1998 203868 SH SOLE 203868 0 0 AFFYMETRIX INC COM 00826T108 2639 110000 SH SOLE 110000 0 0 AKSYS LTD COM 010196103 6922 1003155 SH SOLE 1003155 0 0 ALLOS THERAPEUTICS INC COM 019777101 26988 2985367 SH SOLE 2985367 0 0 ATRIX LABS INC COM 04962L101 6993 314300 SH SOLE 314300 0 0 CARDIAC SCIENCE INC COM 141410209 2634 710000 SH SOLE 710000 0 0 CAREMARK RX INC COM 141705103 4455 270000 SH SOLE 270000 0 0 CEPHALON INC - CEPH COM 156708109 4377 96836 SH SOLE 96836 0 0 COLLAGENEX PHARM INC COM 19419B100 1595 215509 SH SOLE 215509 0 0 CURAGEN CORP COM 23126R101 2232 396400 SH SOLE 396400 0 0 CURON MEDICAL INC COM 231292103 2166 624107 SH SOLE 624107 0 0 CV THERAPEUTICS COM 126667104 5247 281816 SH SOLE 281816 0 0 ENZON INC COM 293904108 2167 88055 SH SOLE 88055 0 0 ESPERION THERAPEUTICS INC COM 29664R106 15064 2774259 SH SOLE 2774259 0 0 GENENTECH INC COM 368710406 2094 62500 SH SOLE 62500 0 0 GUILFORD PHARMACEUTICALS COM 401829106 7691 1020037 SH SOLE 1020037 0 0 HCA INC COM 404119109 2850 60000 SH SOLE 60000 0 0 HUMAN GENOME SCIENCE COM 444903108 1943 145000 SH SOLE 145000 0 0 INHALE THERAPEUTIC SYSTEMS COM 457191104 3707 390625 SH SOLE 390625 0 0 KING PHARM INC COM 495582108 3226 145000 SH SOLE 145000 0 0 MEDIMMUNE INC COM 584699102 2814 106579 SH SOLE 106579 0 0 MILLENNIUM PHARMACEUTICAL COM 599902103 5329 438561 SH SOLE 438561 0 0 NEUROCRINE BIOSCIENCES INC COM 64125C109 6825 238205 SH SOLE 238205 0 0 NOVOSTE CORP COM 67010C100 2575 557415 SH SOLE 557415 0 0 NPS PHARMACEUTICALS COM 62936P103 4930 321800 SH SOLE 321800 0 0 OSI PHARMACEUTICALS COM 671040103 4716 196320 SH SOLE 196320 0 0 PROTEIN DESIGN LABS INC COM 74369L103 1105 101769 SH SOLE 101769 0 0 TRIMERIS INC COM 896263100 7102 160000 SH SOLE 160000 0 0 VERSICOR INC COM 925314106 6991 519754 SH SOLE 519754 0 0