UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Amendment No. 3)
Under the Securities Exchange Act of 1934
VioQuest Pharmaceuticals, Inc.
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Common Stock, par value $0.001 per share
(Title of Class of Securities)
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927625103
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CUSIP Number
December 31, 2006
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(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 the
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).
Continued on following pages
Page 1 of 5 Pages
SCHEDULE 13G
CUSIP No. 927625103
Page 2 of 5
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
LINDSAY A. ROSENWALD, M.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 3,470,999
Shares
Beneficially 6 Shared Voting Power
Owned By -0-
Each
Reporting 7 Sole Dispositive Power
Person 3,470,999
With
8 Shared Dispositive Power
-0-
9 Aggregate Amount Beneficially Owned by Each Reporting Person
3,470,999
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain
Shares *
[ ]
11 Percent of Class Represented By Amount in Row (9)
6.2%
12 Type of Reporting Person *
IN
* see instructions before filling out
CUSIP No. 927625103
Page 3 of 5
Item 1(a) Name of Issuer:
VioQuest Pharmaceuticals, Inc. (the "Issuer")
Item 1(b) Address of the Issuer's Principal Executive Offices:
7 Deer Park Drive, Suite E
Princeton Corporate Plaza
Monmouth Junction, NJ 08852
Item 2(a) Name of Person Filing:
Lindsay A. Rosenwald, M.D. (the "Reporting Person").
Item 2(b) Address of Principal Business Office or, if None, Residence:
c/o Paramount BioSciences, LLC
787 Seventh Avenue, 48th Floor
New York, NY 10036
Item 2(c) Citizenship:
United States.
Item 2(d) Title of Class of Securities:
Common Stock (the "Shares").
Item 2(e) CUSIP Number:
927625103
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:
This Item 3 is not applicable.
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
As of December 31, 2006, the Reporting Person beneficially
owned 3,470,999 Shares, consisting of (i) 2,044,000 Shares
held directly by the Reporting Person; (ii) warrants to
purchase 1,034,169 Shares held directly by the Reporting
Person; and (iii) 392,830 Shares held by Paramount
BioSciences, LLC, of which the Reporting Person is sole
member.
Item 4(b) Percent of Class:
See Item 11 of the cover page.
CUSIP No. 927625103
Page 4 of 5
Item 4(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: Please see Item 5 of the cover
page.
(ii) Shared power to vote or to direct the vote Please see Item 6 of the cover
page.
(iii) Sole power to dispose or to direct the disposition of Please see Item 7 of the cover
page.
(iv) Shared power to dispose or to direct the disposition of Please see Item 8 of the cover
page.
Item 5. Ownership of Five Percent or Less of a Class:
This Item 5 is not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person:
See Item 4 Above.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
This Item 7 is not applicable.
Item 8. Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group:
This Item 9 is 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 such purpose or
effect.
Page 5 of 5
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 13, 2007
/s/Lindsay A. Rosenwald, M.D.
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Lindsay A. Rosenwald, M.D.