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

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 1 )*

                                  Tercica, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    88078L105
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                               December 31, 2007
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

         [X]   Rule 13d-1(b)

         [ ]   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 in 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).



                                  SCHEDULE 13G

CUSIP No. 88078L105

--------------------------------------------------------------------------------

      1.    Names of Reporting Persons. I.R.S. Identification Nos. of above
            persons (entities only).
            Invesco Ltd.

                            AIM Funds Management Inc.

--------------------------------------------------------------------------------

      2.    Check the Appropriate Box if a Member of a Group (see Instructions)
            (a)
            (b)

--------------------------------------------------------------------------------

      3.    SEC Use Only ___________________________

--------------------------------------------------------------------------------

      4.    Citizenship or Place of Organization
            Invesco Ltd. - Bermuda

                           AIM Funds Management Inc. - Canada

--------------------------------------------------------------------------------

                        5.    Sole Voting Power 3,868,833: Such shares are held
                              by the following entities in the respective
                              amounts listed:

                                    AIM Funds Management Inc. - 3,868,833
                   ------------------------------------------------------------
Number of Shares
Beneficially Owned
by Each Reporting       6.      Shared Voting Power
Person With
                                -0-

                   ------------------------------------------------------------

                        7.    Sole Dispositive Power 3,868,833: Such shares are
                              held by the following entities in the respective
                              amounts listed:

                                   AIM Funds Management Inc. - 3,868,833
--------------------------------------------------------------------------------

                        8.    Shared Dispositive Power

                              -0-

--------------------------------------------------------------------------------

9.    Aggregate Amount Beneficially Owned by Each Reporting Person:

      3,868,833

--------------------------------------------------------------------------------

10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
      Instructions)

      N/A

--------------------------------------------------------------------------------

11.   Percent of Class Represented by Amount in Row (9)

      7.52%

--------------------------------------------------------------------------------

12.   Type of Reporting Person (See Instructions)

      IA, HC. See Items 2 and 3 of this statement.



                                  SCHEDULE 13G

Item 1(a)      Name of Issuer:

                   Tercica, Inc.

Item 1(b)      Address of Issuer's Principal Executive Offices:

                        2000 Sierra Point Parkway
                        Suite 400
                        Brisbane, CA 94005
                        United States

Item 2(a)      Name of Person Filing:

               Invesco Ltd.

               In accordance with Securities and Exchange Commission Release
               No. 34-39538 (January 12, 1998), this statement on Schedule
               13G or amendment thereto is being filed by Invesco Ltd.
               ("Invesco"), a Bermuda Company, on behalf of itself and its
               subsidiaries listed in Item 4 of the cover of this statement.
               Invesco through such subsidiaries provides investment
               management services to institutional and individual investors
               worldwide.

               Executive officers and directors of Invesco or its
               subsidiaries may beneficially own shares of the securities of
               the issuer to which this statement relates (the "Shares"), and
               such Shares are not reported in this statement. Invesco and
               its subsidiaries disclaim beneficial ownership of Shares
               beneficially owned by any of their executive officers and
               directors. Each of Invesco's direct and indirect subsidiaries
               also disclaim beneficial ownership of Shares beneficially
               owned by Invesco and any other subsidiary.

Item 2(b)      Address of Principal Business Office:

               1360 Peachtree Street NE
               Atlanta, GA 30309
               United States

Item 2(c)      Citizenship:

               See the response to Item 2(a) of this statement.

Item 2(d)      Title of Class of Securities:

               Common Stock, $.001 par value per share

Item 2(e)      CUSIP Number:

               88078L105

Item           3 If this statement is filed pursuant to ss240.13d-1(b) or
               240.13d-2(b) or (c), check whether the person filing is a:

      (e) [x]  An investment adviser in accordance with section
               240.13d-1(b)(1)(ii)(E)

      (g) [x]  A parent holding company or control person in accordance with
               section 240.13d-1(b)(1)(ii)(G)

               As noted in Item 2 above, Invesco is making this filing on
               behalf of its subsidiaries listed herein. Each of these
               entities is either an investment adviser registered with the
               United States Securities and Exchange Commission under Section
               203 of the Investment Advisers Act of 1940, as amended, or
               under similar laws of other jurisdictions. Invesco is a
               holding company.



Item 4         Ownership:

               Please see responses to Items 5-8 on the cover of this
               statement, which are incorporated herein by reference.

Item 5         Ownership of Five Percent or Less of a Class:

               If this statement is being filed to report the fact that as of
               the date hereof the reporting person has ceased to be the
               beneficial owner of more than five percent of the class of
               securities, check the following [ ]

Item 6         Ownership of More than Five Percent on Behalf of Another
               Person:

               N/A

Item 7         Identification and Classification of the Subsidiary Which
               Acquired the Security Being reported on By the Parent Holding
               Company:

               Please see Item 3 of this statement, which is
               incorporated herein by reference.

Item 8         Identification and Classification of Members of the Group:

               N/A

Item 9         Notice of Dissolution of a Group:

               N/A

Item 10        Certification:

               By signing below I certify that, to the best of my knowledge
               and belief, the securities referred to above were acquired and
               are held in the ordinary course of business and 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
               that purpose or effect.

               Signature:

               After reasonable inquiry and to the best of my knowledge and
               belief, I certify that the information set forth in this
               statement is true, complete and correct.

                                                    02/09/2008
                                        ----------------------------------------
                                                       Date

                                        Invesco Ltd.

                                        By: /s/ Lisa Brinkley
                                            -----------------------------------
                                        Lisa Brinkley
                                        Global Compliance Director