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      the
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      satisfy the filing obligation of the registrant under any of the following
      provisions: </font></div>
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                communications pursuant to Rule 425 under the Securities Act (17
                CFR
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            <td align="left" valign="top" width="5%" style="border-bottom: #ffffff solid;">&#160;</td>
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            </td>
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            <td width="2%">&#160;</td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -40.3pt" align="left">&#160;</div>
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      duly authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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      <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" width="100%">

          <tr valign="top" bgcolor="#ffffff">
            <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: "><strong>CONNETICS
              CORPORATION</strong></font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
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          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Date:&#160;
March
              24, 2006</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;KATRINA
              J. CHURCH</font></td>
          </tr>
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          </tr>
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            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Name:&#160;&#160;
                Katrina J. Church</font></div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Title:&#160;&#160;&#160;&#160;
                Executive Vice President, Legal Affairs</font></div>
              <div><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
                General Counsel and Secretary</font></div>
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                Stock Option Agreement between Connetics Corporation and Doris
                Boesch</font></div>
            </td>
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                Stability Programs, Press Release dated March 24,
                2006</font></div>
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{"company-data": {"conformed-name": "CONNETICS CORP", "cik": "0001004960", "assigned-sic": "2834", "irs-number": "943173928", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27406", "film-number": "06710216"}, "business-address": {"street1": "3400 W BAYSHORE RD", "city": "PALO ALTO", "state": "CA", "zip": "94303", "phone": "4158432800"}, "mail-address": {"street1": "3400 W BAYSHORE RD", "city": "PALO ALTO", "state": "CA", "zip": "94303"}, "former-company": {"former-conformed-name": "CONNECTIVE THERAPEUTICS INC", "date-changed": "19951214"}}
Unassociated Document
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
March
      24, 2006
Date
      of
      Report (Date of earliest event reported)
CONNETICS
      CORPORATION
(Exact
      name of Registrant as specified in its charter)
Delaware
0-27406
94-3173928
(State
                or Other Jurisdiction of Incorporation)
(Commission
                File No.)
(IRS
                Employer Identification No.)
3160
      Porter Drive, Palo Alto, California 94304
(Address
      of principal executive offices, including zip code)
(650)
      843-2800
(Registrant's
      telephone number, including area code)
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:
o
Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)
o
Soliciting
                  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                  240.14a-12)
o
Pre-commencement
                  communications pursuant to Rule 14d-2(b) under the Exchange Act
                  (17 CFR
                  240.14d-2(b))
o
Pre-commencement
                    communications pursuant to Rule 13e-4(c) under the Exchange Act
                    (17 CFR
                    240.13e-4(c))
Item
      9.01
Financial
      Statements and Exhibits.
(d)
Exhibits.
Exhibit
                No.
Description
10.1
Non-Qualified
                Stock Option Agreement between Connetics Corporation and Doris
                Boesch
99.1
Director,
                Stability Programs, Press Release dated March 24,
                2006
SIGNATURES
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.
CONNETICS
              CORPORATION
Date: 
March
              24, 2006
By:
/s/ KATRINA
              J. CHURCH
Name:  
                Katrina J. Church
Title:    
                Executive Vice President, Legal Affairs
General Counsel and Secretary
EXHIBIT
      INDEX
Exhibit
Number
Description
10.1
Non-Qualified
                Stock Option Agreement between Connetics Corporation and Doris
                Boesch
99.1
Director,
                Stability Programs, Press Release dated March 24,
                2006