Edgar Filing: AMICUS THERAPEUTICS INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Garden State Life Sciences Venture Fund L P

2. Date of Event Requiring Statement (Month/Day/Year)
05/30/2007

3. Issuer Name and Ticker or Trading Symbol
AMICUS THERAPEUTICS INC [FOLD]

(Last)

(First)

(Middle)

C/O QUAKER BIOVENTURES,Â 2929 ARCH STREET, CIRA CENTRE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

PHILADELPHIA,Â PAÂ 19104

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series C Convertible Preferred Stock	08/16/2005	Â ⁽²⁾	Common Stock	396,825 ⁽²⁾	$ 0 ⁽²⁾	I	Quaker BioVentures, L.P. ⁽¹⁾
Series C Convertible Preferred Stock	08/16/2005	Â ⁽²⁾	Common Stock	132,275 ⁽²⁾	$ 0 ⁽²⁾	D	Â
Series C Convertible Preferred Stock	04/17/2006	Â ⁽²⁾	Common Stock	396,825 ⁽²⁾	$ 0 ⁽²⁾	I	Quaker BioVentures, L.P. ⁽¹⁾
Series C Convertible Preferred Stock	04/17/2006	Â ⁽²⁾	Common Stock	132,275 ⁽²⁾	$ 0 ⁽²⁾	D	Â
Series D Convertible Preferred Stock	09/13/2006	Â ⁽²⁾	Common Stock	135,586 ⁽²⁾	$ 0 ⁽²⁾	I	Quaker BioVentures, L.P. ⁽¹⁾
Series D Convertible Preferred Stock	09/13/2006	Â ⁽²⁾	Common Stock	45,195 ⁽²⁾	$ 0 ⁽²⁾	D	Â
Series D Convertible Preferred Stock	03/09/2007	Â ⁽²⁾	Common Stock	135,586 ⁽²⁾	$ 0 ⁽²⁾	I	Quaker BioVentures, L.P. ⁽¹⁾
Series D Convertible Preferred Stock	03/09/2007	Â ⁽²⁾	Common Stock	45,195 ⁽²⁾	$ 0 ⁽²⁾	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Garden State Life Sciences Venture Fund L P C/O QUAKER BIOVENTURES 2929 ARCH STREET, CIRA CENTRE PHILADELPHIA,Â PAÂ 19104	Â	Â X	Â	Â

Signatures

GARDEN STATE LIFE SCIENCES VENTURE FUND, L.P. By: Quaker Bioventures Capital, L.P., its General Partner, By: Quaker Bioventures Capital LLC, its General Partner, By: /s/ Sherrill Neff		05/30/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	These shares are owned by Quaker BioVentures, L.P., which is under common control with Garden State Life Sciences Venture Fund L.P. Quaker BioVentures Capital, L.P. serves as the general partner of Quaker BioVentures, L.P. and Garden State Life Sciences Venture Fund L.P. and is the indirect beneficial owner of these shares. Quaker Bioventures Capital LLC serves as the general partner of Quaker Bioventure Capital, L.P. and is also the indirect beneficial owner of these shares. Garden State Life Sciences Venture Fund L.P. disclaims beneficial ownership of these shares except to the extent of its proportionate pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the shares for purposes of section 16 or for any other purpose.
(2)	Each share is convertible and will automatically convert on a 1-for-1 basis into the Issuer's common stock upon the closing of the Issuer's initial public offering of common stock pursuant to an effecive registration statement filed with the U.S. Securities and Exchange Commission. These shares have no expiration date.

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