Amendment No. 1

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Medicis Pharmaceutical Corporation

(Name of Issuer)

 

 

COMMON STOCK, $.001 PER SHARE

(Title of Class of Securities)

584690309

(CUSIP Number)

December 31, 2011

(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 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).

 

 

 


CUSIP No. 584690309      Page 2 of 15 Pages

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

Visium Balanced Master Fund, Ltd

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    3,368,957 (See Item 4)

   6   

SHARED VOTING POWER

 

    None

   7   

SOLE DISPOSITIVE POWER

 

    3,368,957 (See Item 4)

   8   

SHARED DISPOSITIVE POWER

 

    None

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    3,368,957 (See Item 4)

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    ¨

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    5.34%

12

 

TYPE OF REPORTING PERSON*

 

    OO

 

Page 2 of 15 Pages


CUSIP No. 584690309      Page 3 of 15 Pages

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

Visium Institutional Partners Master Fund, Ltd

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    399,580 (See Item 4)

   6   

SHARED VOTING POWER

 

    None (See Item 4)

   7   

SOLE DISPOSITIVE POWER

 

    399,580 (See Item 4)

   8   

SHARED DISPOSITIVE POWER

 

    None (See Item 4)

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    399,580 (See Item 4)

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    ¨

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    .63%

12

 

TYPE OF REPORTING PERSON*

 

    OO

 

Page 3 of 15 Pages


CUSIP No. 584690309      Page 4 of 15 Pages

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

Lyxor Visium Institutional Partners Fund, Ltd

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    81,463 (See Item 4)

   6   

SHARED VOTING POWER

 

    None (See Item 4)

   7   

SOLE DISPOSITIVE POWER

 

    81,463 (See Item 4)

   8   

SHARED DISPOSITIVE POWER

 

    None (See Item 4)

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    81,463 (See Item 4)

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    ¨

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    .13%

12

 

TYPE OF REPORTING PERSON*

 

    OO

 

Page 4 of 15 Pages


CUSIP No. 584690309      Page 5 of 15 Pages

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

Visium Asset Management, LP

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    3,850,000 (See Item 4)

   6   

SHARED VOTING POWER

 

    None (See Item 4)

   7   

SOLE DISPOSITIVE POWER

 

    3,850,000 (See Item 4)

   8   

SHARED DISPOSITIVE POWER

 

    None (See Item 4)

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    3,850,000 (See Item 4)

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    ¨

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    6.10%

12

 

TYPE OF REPORTING PERSON*

 

    IA

 

Page 5 of 15 Pages


CUSIP No. 584690309      Page 6 of 15 Pages

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

JG Asset, LLC

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    3,850,000 (See Item 4)

   6   

SHARED VOTING POWER

 

    None (See Item 4)

   7   

SOLE DISPOSITIVE POWER

 

    3,850,000 (See Item 4)

   8   

SHARED DISPOSITIVE POWER

 

    None (See Item 4)

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    3,850,000 (See Item 4)

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    ¨

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    6.10%

12

 

TYPE OF REPORTING PERSON*

 

    HC

 

Page 6 of 15 Pages


CUSIP No. 584690309      Page 7 of 15 Pages

 

  1   

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

Jacob Gottlieb

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

    3,850,000 (See Item 4)

   6   

SHARED VOTING POWER

 

    None (See Item 4)

   7   

SOLE DISPOSITIVE POWER

 

    3,850,000 (See Item 4)

   8   

SHARED DISPOSITIVE POWER

 

    None (See Item 4)

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    3,850,000 (See Item 4)

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*    ¨

 

    Not Applicable

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    6.10%

12

 

TYPE OF REPORTING PERSON*

 

    HC

 

Page 7 of 15 Pages


CUSIP No. 584690309      Page 8 of 15 Pages

 

Item 1  

(a)

   Name of Issuer:      
     Medicis Pharmaceutical Corporation      
 

(b)

   Address of Issuer’s Principal Executive Offices:      
    

7720 North Dobson Road

Scottsdale, AZ 85256-2740

     
Item 2  

(a) – (c)

   This statement is filed on behalf of the following:      
    

(1)     Visium Balanced Master Fund, Ltd., a Cayman Islands corporation (“VBMF”), with its principal business office at Visium Asset Management, LP, 950 Third Avenue, New York, NY 10022.

 

(2)     Visium Institutional Partners Master Fund, Ltd., a Cayman Islands corporation (“VIPF”), with its principal business office at Visium Asset Management, LP, 950 Third Avenue, New York, NY 10022.

 

(3)     Lyxor/Visium Institutional Partners Fund Limited, a Jersey, Channel Islands corporation (“LVIPF”), with its principal business office at Visium Asset Management, LP, 950 Third Avenue, New York, NY 10022.

 

(4)     Visium Asset Management, LP, a Delaware limited partnership (“VAM”), with its principal business office at Visium Asset Management, LP, 950 Third Avenue, New York, NY 10022.

 

(5)     JG Asset, LLC, a Delaware limited liability company (“JG Asset”), with its principal business office c/o Visium Asset Management, LP, 950 Third Avenue, New York, NY 10022. JG Asset is the General Partner of VAM.

 

(6)     Jacob Gottlieb (“Gottlieb”), a natural person, with his principal business office c/o Visium Asset Management, LP, 950 Third Avenue, New York, NY 10022. Gottlieb is the Managing Member of JG Asset.

     
 

(d)

   Title of Class of Securities:      
     Common Stock, Par Value $.001 Per Share      

 

Page 8 of 15 Pages


CUSIP No. 584690309      Page 9 of 15 Pages

 

  

(e)

   CUSIP Number:   
      584690309   
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
Item 4    Ownership:1      
VBMF         
   (a)    Amount Beneficially Owned:   
      3,368,957   
   (b)    Percent of Class:   
      5.34 %   
   (c)    Number of Shares as to which person has:   
      (i)    sole power to vote or to direct vote:   
         3,368,957 shares   
      (ii)    shared power to vote or to direct vote:   
         None   
      (iii)    sole power to dispose or direct disposition of:   
         3,368,957 shares   
      (iv)    shared power to dispose or to direct disposition of:   
         None   

 

1 

Note: Items (a), (c)(i) and (c)(iii) will need to be footnoted for each entity with footnote text at the end of this Item 4 to explain any warrant, conversion cap, etc. issues.

 

Page 9 of 15 Pages


CUSIP No. 584690309      Page 10 of 15 Pages

 

VIPF         
   (a)    Amount Beneficially Owned:      
      399,580      
   (b)    Percent of Class:      
      .63%      
   (c)    Number of Shares as to which person has:      
      (i)    sole power to vote or to direct vote:      
         399,580 shares      
      (ii)    shared power to vote or to direct vote:      
         None      
      (iii)    sole power to dispose or direct disposition of:      
         399,580 shares      
      (iv)    shared power to dispose or to direct disposition of:      
         None      
LVIPF         
   (a)    Amount Beneficially Owned:      
      81,463      
   (b)    Percent of Class:      
      .13%      
   (c)    Number of Shares as to which person has:      
      (i)    sole power to vote or to direct vote:      
         81,463 shares      

 

Page 10 of 15 Pages


CUSIP No. 584690309      Page 11 of 15 Pages

 

      (ii)    shared power to vote or to direct vote:      
         None      
      (iii)    sole power to dispose or direct disposition of:      
         81,463 shares      
      (iv)    shared power to dispose or to direct disposition of:      
         None      
VAM         
   (a)    Amount Beneficially Owned:      
  

By virtue of its position as investment manager to pooled investment funds, VAM may be deemed to beneficially own the 3,850,000 shares of the Company’s Common Stock beneficially owned by the pooled investment vehicles.

     
   (b)    Percent of Class:      
      6.10%      
   (c)    Number of Shares as to which person has:      
      (i)    sole power to vote or to direct vote:      
         3,850,000 shares      
      (ii)    shared power to vote or to direct vote:      
         None      
      (iii)    sole power to dispose or direct disposition of:      
         3,850,000 shares      
      (iv)    shared power to dispose or to direct disposition of:      
         None      

 

Page 11 of 15 Pages


CUSIP No. 584690309      Page 12 of 15 Pages

 

JG Asset         
   (a)    Amount Beneficially Owned:      
  

By virtue of its position as General Partner to VAM, JG Asset may be deemed to beneficially own the 3,850,000 shares of the Company’s Common Stock beneficially owned by VAM.

     
   (b)    Percent of Class:      
      6.10%      
   (c)    Number of Shares as to which person has:      
      (i)    sole power to vote or to direct vote:      
         3,850,000 shares      
      (ii)    shared power to vote or to direct vote:      
         None      
      (iii)    sole power to dispose or direct disposition of:      
         3,850,000 shares      
      (iv)    shared power to dispose or to direct disposition of:      
         None      
Jacob Gottlieb      
   (a)    Amount Beneficially Owned:      
   By virtue of his position as the Managing Member of JG Asset, Gottlieb may be deemed to beneficially own the 3,850,000 shares of the Company’s Common Stock beneficially owned by JG Asset.      

 

Page 12 of 15 Pages


CUSIP No. 584690309      Page 13 of 15 Pages

 

   (b)    Percent of Class:      
      6.10%      
   (c)    Number of Shares as to which person has:      
      (i)    sole power to vote or to direct vote:      
         3,850,000 shares      
      (ii)    shared power to vote or to direct vote:      
         None      
      (iii)    sole power to dispose or direct disposition of:      
         3,850,000 shares      
      (iv)    shared power to dispose or to direct disposition of:      
         None      
VAM, JG Asset and Gottlieb disclaim beneficial ownership as to the Securities, except to the extent of his or its pecuniary interests therein. Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of the other individual officers and members of VBMF, VIPF, LVIPF, VAM, or JG Asset is, for any purpose, the beneficial owner of any of the Securities.      

 

Page 13 of 15 Pages


CUSIP No. 584690309      Page 14 of 15 Pages

 

Item 5    Ownership of Five Percent or Less of a Class:   
   Not Applicable   
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 I certify that, to the best of my 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 14 of 15 Pages


CUSIP No. 584690309      Page 15 of 15 Pages

 

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 10, 2012

 

VISIUM BALANCED MASTER FUND, LTD
By:  

/s/ Mark Gottlieb

  Mark Gottlieb
  Authorized Signatory
VISIUM INSTITUTIONAL PARTNERS MASTER FUND, LTD
By:  

/s/ Mark Gottlieb

  Mark Gottlieb
  Authorized Signatory
LYXOR VISIUM INSTITUTIONAL PARTNERS FUND, LTD
By:  

/s/ Mark Gottlieb

  Mark Gottlieb
  Authorized Signatory
VISIUM ASSET MANAGEMENT, LP
By:  

/s/ Mark Gottlieb

  Mark Gottlieb
  Authorized Signatory
JG ASSET, LLC
By:  

/s/ Mark Gottlieb

  Mark Gottlieb
  Authorized Signatory
JACOB GOTTLIEB
By:  

/s/ Mark Gottlieb

  Mark Gottlieb
  Authorized Signatory

 

Page 15 of 15 Pages