<SEC-DOCUMENT>0000904454-20-000049.txt : 20200117
<SEC-HEADER>0000904454-20-000049.hdr.sgml : 20200117
<ACCEPTANCE-DATETIME>20200117135728
ACCESSION NUMBER:		0000904454-20-000049
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200117
DATE AS OF CHANGE:		20200117

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PhaseBio Pharmaceuticals Inc
		CENTRAL INDEX KEY:			0001169245
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				030375697
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-90691
		FILM NUMBER:		20533086

	BUSINESS ADDRESS:	
		STREET 1:		1 GREAT VALLEY PARKWAY
		STREET 2:		SUITE 30
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		(610) 981-6500

	MAIL ADDRESS:	
		STREET 1:		1 GREAT VALLEY PARKWAY
		STREET 2:		SUITE 30
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Phase Biosciences Inc
		DATE OF NAME CHANGE:	20061013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DT BIOSCIENCES INC
		DATE OF NAME CHANGE:	20020315

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JOHNSON & JOHNSON
		CENTRAL INDEX KEY:			0000200406
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				221024240
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1229

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE JOHNSON & JOHNSON PLZ
		CITY:			NEW BRUNSWICK
		STATE:			NJ
		ZIP:			08933
		BUSINESS PHONE:		732-524-2455

	MAIL ADDRESS:	
		STREET 1:		ONE JOHNSON & JOHNSON PLZ
		CITY:			NEW BRUNSWICK
		STATE:			NJ
		ZIP:			08933
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>s13ga_phasebio-011620.htm
<DESCRIPTION>SCHEDULE 13G FOR PHASEBIO PHARMACEUTICALS, INC. BY JOHNSON & JOHNSON, DATED 12.31.19
<TEXT>
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            <div style="text-align: center;">SECURITIES AND EXCHANGE COMMISSION</div>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">Washington, D.C. 20549</div>
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            <div style="text-align: center;">SCHEDULE 13G</div>
          </td>
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            <div style="text-align: center;">(Rule 13d-102)</div>
          </td>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT</div>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED</div>
          </td>
        </tr>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">PURSUANT TO RULE 13d-2(b)</div>
          </td>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">(Amendment No. 1)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">PhaseBio Pharmaceuticals, Inc.</div>
          </td>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">(Name of Issuer)</div>
          </td>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">Common Stock, $0.001 par value</div>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">(Title of Class of Securities)</div>
          </td>
        </tr>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">717224109</div>
          </td>
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          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">(CUSIP Number)</div>
          </td>
        </tr>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 100%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">December 31, 2019</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center;">(Date of Event Which Requires Filing of this Statement)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">[&#160; ] Rule 13d-1(b)</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">[&#160; ] Rule 13d-1(c)</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">[ X ] Rule 13d-1(d)</div>
    <br>
    <br>
    <hr noshade="noshade" align="left" style="background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;">
    <div style="text-indent: 36pt; font-size: 12pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>&#160;<font style="font-size: 10pt;">The remainder of this cover page shall be filled out for a reporting person&#8217;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.&#160; The information required on the remainder of this cover page
        shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.</font></div>
    <div style="text-indent: 36pt; font-size: 12pt;"><font style="font-size: 10pt;"> <br>
      </font></div>
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    </div>
    <div>
      <div>CUSIP No. 717224109</div>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z8b3293e00a4f429b91e8087fd77960af" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">1.</div>
          </td>
          <td style="width: 94.18%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="4">
            <div style="font-size: 12pt;">NAME OF REPORTING PERSON</div>
            <div style="font-size: 12pt;">S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>
            <div>&#160;</div>
            <div style="margin-left: 44.1pt; font-size: 12pt;">Johnson &amp; Johnson</div>
            <div style="margin-left: 44.1pt; font-size: 12pt;">EIN:&#160; 22-1024240</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">2.</div>
          </td>
          <td style="width: 79.38%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="font-size: 12pt;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
          </td>
          <td style="width: 14.81%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-size: 12pt;">(a)&#160; &#160; [&#160; ]</div>
            <div style="text-align: right; font-size: 12pt;">(b)&#160; &#160; [&#160; ]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">3.</div>
          </td>
          <td style="width: 94.18%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="4">
            <div style="font-size: 12pt;">SEC USE ONLY</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">4.</div>
          </td>
          <td style="width: 94.18%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="4">
            <div style="font-size: 12pt;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
            <div style="margin-left: 44.1pt; font-size: 12pt;">New Jersey</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.61%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="4" colspan="2">
            <div style="text-align: center; font-size: 12pt;">NUMBER OF<br>
              SHARES<br>
              BENEFICIALLY<br>
              OWNED BY<br>
              EACH<br>
              REPORTING<br>
              PERSON<br>
              WITH</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">5.</div>
          </td>
          <td style="width: 54.94%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SOLE VOTING POWER</div>
          </td>
          <td style="width: 14.81%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">6.</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SHARED VOTING POWER1,607,044*</div>
          </td>
          <td style="width: 54.94%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">1,607,044*</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">7.</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SOLE DISPOSITIVE POWER</div>
          </td>
          <td style="width: 54.94%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">8.</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SHARED DISPOSITIVE POWER</div>
          </td>
          <td style="width: 54.94%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">1,607,044*</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">9.</div>
          </td>
          <td style="width: 79.38%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="margin-left: 3.6pt; font-size: 12pt;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
          </td>
          <td style="width: 14.81%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">1,607,044*</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">10.</div>
          </td>
          <td style="width: 79.38%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="margin-right: 75.6pt; font-size: 12pt;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</div>
          </td>
          <td style="width: 14.81%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-size: 12pt;">[&#160; ]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">11.</div>
          </td>
          <td style="width: 79.38%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="margin-left: 3.6pt; font-size: 12pt;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
          </td>
          <td style="width: 14.81%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">5.6%**</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.82%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">12.</div>
          </td>
          <td style="width: 79.38%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="margin-left: 3.6pt; font-size: 12pt;">TYPE OF REPORTING PERSON</div>
          </td>
          <td style="width: 14.81%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); text-align: right;">&#160;CO</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div>* As of December 31, 2019</div>
    <div>** Based on 28,766,332 shares of Common Stock outstanding as of November 8, 2019, as reported in the Issuer&#8217;s Report on Form 10-Q for the period ended September 30, 2019 filed with the Securities and Exchange Commission on November 14, 2019</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div>
      <div>CUSIP No. 717224109</div>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z798045f32b6442c1b51105e992f61f60" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 5.83%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">1.</div>
          </td>
          <td style="width: 94.17%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="4">
            <div style="font-size: 12pt;">NAME OF REPORTING PERSON</div>
            <div style="font-size: 12pt;">S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON</div>
            <div>&#160;</div>
            <div style="margin-left: 44.1pt; font-size: 12pt;">Johnson &amp; Johnson Innovation-JJDC, Inc.</div>
            <div style="margin-left: 44.1pt; font-size: 12pt;">EIN:&#160; 22-2007137</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.83%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">2.</div>
          </td>
          <td style="width: 78.71%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="font-size: 12pt;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
          </td>
          <td style="width: 15.47%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-size: 12pt;">(a)&#160;&#160; [&#160; ]</div>
            <div style="text-align: right; font-size: 12pt;">(b)&#160;&#160; [&#160; ]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.83%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">3.</div>
          </td>
          <td style="width: 94.17%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="4">
            <div style="font-size: 12pt;">SEC USE ONLY</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.83%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">4.</div>
          </td>
          <td style="width: 94.17%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="4">
            <div style="font-size: 12pt;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
            <div style="margin-left: 44.1pt; font-size: 12pt;">New Jersey</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.62%; vertical-align: top; border-bottom: #000000 2px solid;" rowspan="4" colspan="2">
            <div style="text-align: center; font-size: 12pt;">NUMBER OF<br>
              SHARES<br>
              BENEFICIALLY<br>
              OWNED BY<br>
              EACH<br>
              REPORTING<br>
              PERSON<br>
              WITH</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">5.</div>
          </td>
          <td style="width: 54.27%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SOLE VOTING POWER</div>
          </td>
          <td style="width: 15.47%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">6.</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SHARED VOTING POWER</div>
          </td>
          <td style="width: 54.27%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">1,607,044*</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">7.</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SOLE DISPOSITIVE POWER</div>
          </td>
          <td style="width: 54.27%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">-0-</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.8%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 12pt;">8.</div>
          </td>
          <td style="width: 5.64%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="margin-left: 3.6pt; font-size: 12pt;">SHARED DISPOSITIVE POWER</div>
          </td>
          <td style="width: 54.27%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">1,607,044*</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.83%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">9.</div>
          </td>
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            <div style="margin-left: 3.6pt; font-size: 12pt;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
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            <div style="margin-left: 3.6pt; font-size: 12pt;">1,607,044*</div>
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          <td style="width: 5.83%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="font-size: 12pt;">10.</div>
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          <td style="width: 78.71%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="margin-right: 75.6pt; font-size: 12pt;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</div>
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          <td style="width: 15.47%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; font-size: 12pt;">[&#160; ]</div>
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            <div style="font-size: 12pt;">11.</div>
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            <div style="margin-left: 3.6pt; font-size: 12pt;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
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            <div style="text-align: right; margin-left: 3.6pt; font-size: 12pt;">5.6%**</div>
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        <tr>
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            <div style="font-size: 12pt;">12.</div>
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            <div style="margin-left: 3.6pt; font-size: 12pt;">TYPE OF REPORTING PERSON</div>
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    <div><br>
    </div>
    <div>* As of December 31, 2019</div>
    <div>** Based on 28,766,332 shares of Common Stock outstanding as of November 8, 2019, as reported in the Issuer&#8217;s Report on Form 10-Q for the period ended September 30, 2019 filed with the Securities and Exchange Commission on November 14, 2019</div>
    <div><br>
    </div>
    <div> <br>
    </div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    </div>
    <div style="font-family: 'Times New Roman',Times,serif;"><br>
      <div style="font-family: 'Times New Roman', Times, serif;">CUSIP No. 717224109</div>
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    <div style="text-align: center;"><u>AMENDMENT NO. 1 TO SCHEDULE 13G</u></div>
    <div><br>
    </div>
    <div>Reference is hereby made the statement on Schedule 13G filed with the Securities and Exchange Commission by the Reporting Persons with respect to the Common Stock of the Issuer on January 22, 2019 (the &#8220;Schedule 13G&#8221;).&#160; Terms defined in the
      Schedule 13G are used herein as so defined.</div>
    <div><br>
    </div>
    <div>The following items of the Schedule 13G are amended and restated to read in their entirety as follows:</div>
    <div><br>
    </div>
    <div><br>
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        <tr>
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            <div>ITEM 4</div>
            <div>&#160;</div>
            <div>&#160;</div>
            <div>&#160;</div>
            <div>&#160;</div>
          </td>
          <td style="width: 85.59%; vertical-align: top;">
            <div>OWNERSHIP:</div>
            <div>&#160;</div>
            <div>The information requested in this item is incorporated herein by reference to the cover pages to this Amendment No. 1 to Schedule 13G.</div>
            <div>&#160;</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
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    </div>
    <div>
      <div>CUSIP No. 717224109</div>
    </div>
    <div style="text-align: center;">SIGNATURE</div>
    <div><br>
    </div>
    <div>After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.</div>
    <div><br>
    </div>
    <div>Dated:&#160; January 16, 2020</div>
    <div><br>
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        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;" colspan="2">
            <div>JOHNSON &amp; JOHNSON</div>
            <div>&#160;</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 38.46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div>/s/ Matthew Orlando</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">
            <div>Name:</div>
          </td>
          <td style="width: 38.46%; vertical-align: top;">
            <div>Matthew Orlando</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">
            <div>Title:</div>
          </td>
          <td style="width: 38.46%; vertical-align: top;">
            <div>Secretary</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">&#160;</td>
          <td style="width: 38.46%; vertical-align: top;">&#160;</td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">&#160;</td>
          <td style="width: 38.46%; vertical-align: top;">&#160;</td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;" colspan="2">
            <div>JOHNSON &amp; JOHNSON INNOVATION-JJDC, INC.</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">&#160;</td>
          <td style="width: 38.46%; vertical-align: top;">&#160;</td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 38.46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div>/s/ Kevin Norman</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">
            <div>Name:</div>
          </td>
          <td style="width: 38.46%; vertical-align: top;">
            <div>Kevin Norman</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.65%; vertical-align: top;">&#160;</td>
          <td style="width: 11.54%; vertical-align: top;">
            <div>Title:</div>
          </td>
          <td style="width: 38.46%; vertical-align: top;">
            <div>Assistant Secretary</div>
          </td>
          <td style="width: 16.35%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
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  <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">5</font></div>
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