EX-5.1 3 dex51.htm OPINION OF LATHAM AND WATKINS Prepared by R.R. Donnelley Financial -- Opinion of Latham and Watkins
 
EXHIBIT 5.1
 
[Letterhead of LATHAM & WATKINS]
 
September 6, 2002
 
Scios Inc.
820 West Maude Avenue
Sunnyvale, California 94085
 
 
Re:
 
Registration Statement on Form S-8
 
Ladies and Gentlemen:
 
In connection with the registration of 2,000,000 shares of common stock of the Company, par value $0.001 per share (the “Shares”), issuable under the Company’s 1996 Non-Officer Stock Option Plan, as amended, (the “Plan”), under the Securities Act of 1933, as amended, by Scios Inc., a Delaware corporation (the “Company”), on Form S–8 (the “Registration Statement”), you have requested our opinion with respect to the matters set forth below.
 
In our capacity as your special counsel in connection with such registration, we are familiar with the proceedings taken by the Company in connection with the authorization, issuance and sale of the Shares. In addition, we have made such legal and factual examinations and inquiries, including an examination of originals or copies, certified or otherwise identified to our satisfaction, of such documents, corporate records and instruments as we have deemed necessary or appropriate for purposes of this opinion.
 
We are opining herein as to the effect on the subject transaction only of the General Corporation Law of the State of Delaware, and we express no opinion with respect to the applicability thereto, or the effect thereon, of any other laws, or as to any matters of municipal law or the laws of any local agencies within any state.
 
Subject to the foregoing, it is our opinion that the Shares have been duly authorized, and, upon issuance, delivery and payment therefor in the manner contemplated by the Plan and the Registration Statement, will be validly issued, fully paid and nonassessable.
 
We consent to your filing this opinion as an exhibit to the Registration Statement.
 
Very truly yours,
 
/s/    LATHAM & WATKINS