SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Rule 13d-102
Under the Securities Exchange Act of 1934
(Amendment No. )*
ORASURE TECHNOLOGIES, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.000001 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
- --------------------------------------------------------------------------------
(CUSIP Number)
September 29, 2000
- --------------------------------------------------------------------------------
(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).
Page 1 of 16
CUSIP No. 68554V 10 8 13G Page 2 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HealthCare Ventures V, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 3 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HealthCare Partners V, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 4 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James H. Cavanaugh, Ph.D.
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 5 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harold Werner
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 6 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William Crouse
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
7,944
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 7,944
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,123,242
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.59%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 7 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Littlechild
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 8 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Christopher Mirabelli
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 68554V 10 8 13G Page 9 of 16
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Augustine Lawlor
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,115,298
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,115,298
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,115,298
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.57%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 10 of 16
Item 1.
(a) Name of Issuer:
Orasure Technologies Inc.
(b) Address of Issuer's Principal Executive Offices:
8505 S.W. Creekside Place
Beaverton, Oregon 97008
Item 2.
(a) Name of Person Filing:
HealthCare Ventures V, L.P. ("HCV V"), HealthCare Partners V, L.P.
("HCP V"), Dr. Cavanaugh and Messrs. Werner, Littlechild, Crouse,
Mirabelli and Lawlor. See attached Exhibit A which is a copy of
their agreement in writing to file this statement on behalf of each
of them.1
(b) Address of Principal Business Office or, if none, Residence:
The business address for HCV V, HCP V, Dr. Cavanaugh and Messrs.
Werner and Crouse is 44 Nassau Street, Princeton, New Jersey 08542.
The business address for Messrs. Littlechild, Mirabelli and Lawlor
is One Kendall Square, Building 300, Cambridge, Massachusetts 02139.
(c) Citizenship:
HCV V and HCP V are limited partnerships organized under the laws of
the State of Delaware. Dr. Cavanaugh and Messrs. Werner,
Littlechild, Crouse, Mirabelli and Lawlor are each United States
citizens.
(d) Title of Class of Securities:
Common Stock, $.000001 par value per share.
(e) CUSIP Number: 68554V 10 8
- --------
1 Dr. Cavanaugh and Messrs. Werner, Littlechild, Crouse, Mirabelli and
Lawlor are general partners of HCP V, which is the General Partner
of HCV V, the record holder of the Issuer's Common Stock reported
hereto.
Page 11 of 16
Item 3. If this statement if filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Inapplicable.
Item 4. Ownership.
(a) Amount beneficially owned:
As of September 29, 2000, HCV V and HCP V beneficially owned
3,115,298 shares of the Issuer's Common Stock; Dr. Cavanaugh and
Messrs. Werner, Littlechild, Crouse, Mirabelli and Lawlor each
beneficially owned 3,115,298 shares of the Issuer's Common Stock. In
addition, Mr. Crouse beneficially owned immediately exercisable
options to purchase 7,944 shares of the Issuer's Common Stock at a
price of $.80249 per share.
(b) Percent of Class:
As of September 29, 2000, the 3,115,298 shares of the Issuer's
Securities beneficially owned by each of HCV V, HCP V, Dr. Cavanaugh
and Messrs. Werner, Littlechild, Mirabelli and Lawlor constitute
8.57% of the Issuer's Common Stock outstanding; the 3,123,242 shares
of the Issuer's Common Stock beneficially owned by Mr. Crouse
constitutes 8.59% of the Issuer's shares of Common Stock
outstanding.
(c) Number of shares as to which such person has:
(i) sole voting power or to direct the vote:
Mr. Crouse has the sole power to vote or direct the vote
of the 7,944 shares of the Issuer's Common Stock
beneficially owned by him.
(ii) shared power to vote or to direct the vote:
HCV V, HCP V, Dr. Cavanaugh and Messrs. Werner,
Littlechild, Mirabelli and Lawlor share the power to
vote or direct the vote of those shares of Common Stock
owned by HCV V.
Page 12 of 16
Item. 4 (continued):
(iii) sole power to dispose or to direct the disposition of:
Mr. Crouse has the sole power to vote or direct the vote
of the 7,944 shares of the Issuer's Common Stock
beneficially owned by him.
(iv) shared power to dispose of or to direct the disposition
of:
HCV V, HCP V, Dr. Cavanaugh and Messrs. Werner,
Littlechild, Crouse, Mirabelli and Lawlor share the
power to vote or direct the vote of those shares of
Common Stock owned by HCV V.
Item 5. Ownership of Five Percent or less of a Class:
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company:
Inapplicable.
Item 8. Identification and Classification of Members of the Group:
Inapplicable.
Item 9. Notice of Dissolution of Group:
Inapplicable.
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 13 of 16
SIGNATURES
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: October 4, 2000 HealthCare Ventures V, L.P.
Princeton, New Jersey by: its General Partner, HealthCare Partners
V, L.P.
By: s/ Jeffrey Steinberg
-----------------------------------------
Jeffrey Steinberg,
Administrative Partner
Dated: October 4, 2000 HealthCare Partners V, L.P.
Princeton, New Jersey
By: s/ Jeffrey Steinberg, Attorney-in-Fact
-----------------------------------------
Jeffrey Steinberg
Administrative Partner
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Princeton, New Jersey --------------------------------------------
James H. Cavanaugh, Ph.D
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Princeton, New Jersey --------------------------------------------
Harold R. Werner
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Cambridge, Massachusetts --------------------------------------------
John W. Littlechild
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Princeton, New Jersey --------------------------------------------
William Crouse
Page 14 of 16
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Cambridge, Massachusetts --------------------------------------------
Christopher Mirabelli
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Cambridge, Massachusetts --------------------------------------------
Augustine Lawlor
Page 15 of 16
EXHIBIT A
AGREEMENT
JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree to jointly prepare and file with the
regulatory authorities a Schedule 13G and any future amendments thereto
reporting each of the undersigned's ownership of securities of OraSure
Technologies, Inc. and hereby affirm that such Schedule 13G is being filed on
behalf of each of the undersigned.
Dated: October 4, 2000 HealthCare Ventures V, L.P.
Princeton, New Jersey by: its General Partner, HealthCare Partners
V, L.P.
By: s/ Jeffrey Steinberg
-----------------------------------------
Jeffrey Steinberg,
Administrative Partner
Dated: October 4, 2000 HealthCare Partners V, L.P.
Princeton, New Jersey
By: s/ Jeffrey Steinberg, Attorney-in-Fact
-----------------------------------------
Jeffrey Steinberg
Administrative Partner
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Princeton, New Jersey --------------------------------------------
James H. Cavanaugh, Ph.D
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Princeton, New Jersey --------------------------------------------
Harold R. Werner
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Cambridge, Massachusetts --------------------------------------------
John W. Littlechild
Page 16 of 16
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Princeton, New Jersey --------------------------------------------
William Crouse
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Cambridge, Massachusetts --------------------------------------------
Christopher Mirabelli
Dated: October 4, 2000 s/ Jeffrey Steinberg, Attorney-in-Fact
Cambridge, Massachusetts --------------------------------------------
Augustine Lawlor