*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).

 * Based on the information set forth in the Quarterly Report on Form 10-Q of Paratek Pharmaceuticals, Inc. (the “Issuer”) filed with the Securities and Exchange Commission on November 8, 2017, there were 27,941,015 shares of the Issuer’s common stock, par value $0.001 (the “Common Stock”), outstanding as of October 31, 2017. As of December 31, 2017 (the “Event Date”), Abingworth LLP (“Abingworth”) may be deemed to beneficially own an aggregate of 1,041,131 shares of Common Stock of the Issuer. The number of shares of Common Stock reported above consists of 1,041,131 shares of Common Stock held by Abingworth Bioventures VI, LP (“ABV VI”). Abingworth, as the investment manager of ABV VI, may be deemed to beneficially own the 1,041,131 shares of Common Stock held by ABV VI. Thus, as of the Event Date, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Abingworth may be deemed to beneficially own 3.7% of the shares of Common Stock deemed issued and outstanding. This Amendment No. 2 constitutes an exit filing for the Reporting Persons as the Reporting Persons beneficially own less than five percent (5%) of the Common Shares of Issuer.  

 * Based on the information set forth in the Quarterly Report on Form 10-Q of the Issuer filed with the Securities and Exchange Commission on November 8, 2017, there were 27,941,015 shares of Common Stock, par value $0.001, outstanding as of October 31, 2017. As of the Event Date, ABV VI held 1,041,131 shares of Common Stock of the Issuer. Thus, as of the Event Date, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, ABV VI may be deemed to beneficially own 3.7% of the shares of Common Stock deemed issued and outstanding. Abingworth, as the investment manager of ABV VI, may be deemed to beneficially own the 1,041,131 shares of Common Stock held by ABV VI. This Amendment No. 2 constitutes an exit filing for the Reporting Persons as the Reporting Persons beneficially own less than five percent (5%) of the Common Shares of Issuer.

Item 1(a).   Name of Issuer:

Paratek Pharmaceuticals, Inc.

Item 1(b).   Address of Issuer’s Principal Executive Offices:

75 Park Plaza

Boston, MA 02116

Item 2(a).   Name of Persons Filing:

This Schedule 13G is being filed on behalf of (i) Abingworth Bioventures VI, LP (“ABV VI”), and (ii) Abingworth LLP (“Abingworth” and together with ABV VI, the “Reporting Persons”). As of December 31, 2017 (the “Event Date”), ABV VI is the owner of record of 1,041,131 shares of common stock (the “Common Stock”) of Paratek Pharmaceuticals, Inc., a Delaware corporation (the “Issuer”). Abingworth, as the investment manager of ABV VI, may be deemed to beneficially own the 1,041,131 shares of Common Stock held by ABV VI.

Item 2(b).   Address of Principal Business Office or, if None, Residence:

The business address for Abingworth and ABV VI is Princess House, 38 Jermyn Street, London, England SW1Y 6DN.

Item 2(c).   Citizenship:

Abingworth LLP is a limited liability partnership organized under the laws of England. ABV VI is a limited partnership organized under the laws of England.

Item 2(d). Title of Class of Securities:

Common Stock, par value $0.001

Item 2(e). CUSIP Number:

699374302

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.

* Based on the information set forth in the Quarterly Report on Form 10-Q of Paratek Pharmaceuticals, Inc. (the “Issuer”) filed with the Securities and Exchange Commission on November 8, 2017, there were 27,941,015 shares of the Issuer’s common stock, par value $0.001 (the “Common Stock”), outstanding as of October 31, 2017. As of December 31, 2017 (the “Event Date”), Abingworth LLP (“Abingworth”) may be deemed to beneficially own an aggregate of 1,041,131 shares of Common Stock of the Issuer. The number of shares of Common Stock reported above consists of 1,041,131 shares of Common Stock held by Abingworth Bioventures VI, LP (“ABV VI”). Abingworth, as the investment manager of ABV VI, may be deemed to beneficially own the 1,041,131 shares of Common Stock held by ABV VI. Thus, as of the Event Date, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Abingworth may be deemed to beneficially own 3.7% of the shares of Common Stock deemed issued and outstanding. This Amendment No. 2 constitutes an exit filing for the Reporting Persons as the Reporting Persons beneficially own less than five percent (5%) of the Common Shares of Issuer.

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 Persons have ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ X ]

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.

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 14, 2018

Attention: Intentional misstatements or omissions of fact constitute

Federal criminal violations (See 18 U.S.C. 1001)

Exhibit Index