UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
WASHINGTON, D.C. 20549 

FORM 8-K 

CURRENT REPORT 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 
 
Date of Report (Date of earliest event reported): January 11, 2007
 
Targeted Genetics Corporation 
(Exact name of registrant as specified in its charter)
 
Washington
 
0-23930
 
91-1549568
(State or other jurisdiction
of incorporation)
 
(Commission File
Number)
 
(IRS Employer
Identification No.)

1100 Olive Way, Suite 100, Seattle, Washington
 
98101
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code
 
(206) 623-7612

Not Applicable 
(Former name or former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
Item 8.01 Other Events.

On January 11, 2007, Targeted Genetics announced the closing of an $8.72 million private placement of common stock and warrants to institutional and other accredited purchasers, with net proceeds to Targeted Genetics of approximately $8.1 million. Pacific Growth Equities, LLC acted as the exclusive placement agent for the financing. The terms of the private placement were described in Targeted Genetics Current Report on Form 8-K filed on January 8, 2007.

A copy of the press release issued in connection with this announcement is filed with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The Current Report on Form 8-K filed by Targeted Genetics on January 8, 2007 is also incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits. 

(d) Exhibits:
 
99.1
 
Press Release of Targeted Genetics Corporation dated January 11, 2007
 
 

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
TARGETED GENETICS CORPORATION
 
 
 
 
 
 
 
By:  
/s/ David J. Poston
 
 
David J. Poston
 
 
Vice President Finance and Chief Financial Officer
 
Dated: January 11, 2007
 
 
 
INDEX TO EXHIBITS

99.1
 
Press Release of Targeted Genetics Corporation dated January 11, 2007