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<title>Prepared By R.R. Donnelley Financial -- Form 8-K</title>
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<b>UNITED STATES </b></font></div>

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<b>SECURITIES AND EXCHANGE COMMISSION </b></font></div>

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<b>Washington D.C., 20549 </b></font></div>

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<b>Form 8-K </b></font></div> <div><font Size="1">&nbsp;</font></div>

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<b>Current Report </b></font></div>

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<b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </b></font></div>

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<b>Date Of Report (Date Of Earliest Event Reported):&nbsp;&nbsp;03/18/2005 </b></font></div>




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<b>Tercica, Inc. </b></font></div>

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<b>(Exact Name of Registrant as Specified in its Charter)</b></font></div>

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<b>Commission File Number:&nbsp;&nbsp;000-50461</b></font></div>

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<div Align="center"><font Face="times New Roman" Size="3" Color="#000000"><b>Delaware</b></font>
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<b>(State or Other Jurisdiction of</b></font>
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<div Align="center"><font Face="times New Roman" Size="2" Color="#000000"><b>(I.R.S. Employer</b></font>
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<b>Incorporation or Organization)</b></font>
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<b>Identification No.)</b></font>
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<b>651 Gateway Boulevard</div><div Align="center">Suite 950</div><div Align="center">South San Francisco, CA 94080</b></font></div>


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<b>(Address of Principal Executive Offices, Including Zip Code)</b></font>
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<b>(650) 624-4900 </b></font>
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<b>(Registrant&#146;s Telephone Number, Including Area Code) </b></font>
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<b> </b></font>
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<b>(Former name or former address, if changed since last report) </b></font>
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<b>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:<BR><BR>
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<b>[&nbsp;&nbsp;]&nbsp;&nbsp;
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>

[&nbsp;&nbsp;]&nbsp;&nbsp;
Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)<BR><BR>


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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))<BR><BR>


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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
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Items to be Included in this Report</b>
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<b>Item 1.01.&nbsp;&nbsp;&nbsp;&nbsp;Entry into a Material Definitive Agreement</b></font>
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As of March 17, 2005, the Company's Compensation Committee had approved; and in the case of Dr. Scarlett, had recommended to the Board, which had approved 2005 salaries for the following executive officers: Ross G. Clark ($240,000); Andrew J. Grethlein ($235,000); Timothy P. Lynch ($245,000); Mike Parker ($235,000); Stephen N. Rosenfield ($265,000); John Scarlett ($340,000); and Thomas Silberg ($320,000).</font>
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<b>Signature(s) </b></font>
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Pursuant to the Requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto
duly authorized. </font>
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	Tercica, Inc.</font>
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	Date: March 18, 2005.</font>
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	By:</font>
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	/s/&nbsp;&nbsp;&nbsp;&nbsp;Stephen N. Rosenfield</font>
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	Stephen N. Rosenfield</font>
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	<div><font Face="times New Roman" Size="2" Color="#000000">Senior Vice President of Legal Affairs</font>
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{"company-data": {"conformed-name": "TERCICA INC", "cik": "0001262175", "assigned-sic": "2834", "irs-number": "260042539", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50461", "film-number": "05692105"}, "business-address": {"street1": "651 GATEWAY BLVD SUITE 950", "city": "SOUTH SAN FRANCISCO", "state": "CA", "zip": "94060", "phone": "6506244900"}, "mail-address": {"street1": "651 GATEWAY BLVD SUITE 950", "city": "SOUTH SAN FRANCISCO", "state": "CA", "zip": "94060"}}
Prepared By R.R. Donnelley Financial -- Form 8-K
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):  03/18/2005
Tercica, Inc.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number:  000-50461
Delaware
26-0042539
(State or Other Jurisdiction of
(I.R.S. Employer
Incorporation or Organization)
Identification No.)
651 Gateway Boulevard
Suite 950
South San Francisco, CA 94080
(Address of Principal Executive Offices, Including Zip Code)
(650) 624-4900
(Registrant's Telephone Number, Including Area Code)
(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:
[  ]  
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(17CFR240.14a-12)
[  ]  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[  ]  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 1.01.    Entry into a Material Definitive Agreement
As of March 17, 2005, the Company's Compensation Committee had approved; and in the case of Dr. Scarlett, had recommended to the Board, which had approved 2005 salaries for the following executive officers: Ross G. Clark ($240,000); Andrew J. Grethlein ($235,000); Timothy P. Lynch ($245,000); Mike Parker ($235,000); Stephen N. Rosenfield ($265,000); John Scarlett ($340,000); and Thomas Silberg ($320,000).
Signature(s)
Pursuant to the Requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto
duly authorized.
Tercica, Inc.
Date: March 18, 2005.
By:
/s/    Stephen N. Rosenfield
Stephen N. Rosenfield
Senior Vice President of Legal Affairs