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 21, 2003

Avatex Corporation

(Exact Name of Registrant as Specified in its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

1-8549		25-1425889
(Commission File Number)		(I.R.S. Employer Identification No.)

17000 Preston Road, Suite #310 Dallas, Texas		75248
(Address of Principal Executive Offices)		(Zip Code)

972-818-3898
(Registrant’s Telephone Number, Including Area Code)

5910 North Central Expressway, Suite 1780, Dallas, Texas 75206
(Former Name or Former Address, if Changed Since Last Report)

Item 4. Changes in Registrant’s Certifying Accountant

On January 21, 2003, the Board of Directors of Avatex Corporation (the “Company”) accepted the resignation of the Company’s independent accountants, Deloitte & Touche LLP (“Deloitte & Touche”), for the fiscal year ending March 31, 2003. The reports of Deloitte & Touche for the fiscal years ended March 31, 2002 and 2001, contained modification as to uncertainty of Avatex to continue as a going concern. During the fiscal years ended March 31, 2002 and 2001, and the interim period from April 1, 2002 through January 21, 2003, there were no disagreements between the Company and Deloitte & Touche on any accounting principles or practices, financial statement disclosure or auditing scope or procedure, which, if not resolved to the satisfaction of Deloitte & Touche, would have caused it to make reference to the subject matter of the disagreement in connection with its report. No event described in paragraph (a)(1) (v) of Item 304 of Regulation S-K has occurred within the Company’s fiscal years ended March 31, 2002 and 2001, or the period from April 1, 2002 through January 21, 2003.

The Company has provided Deloitte & Touche with a copy of the disclosures contained herein and is filing as Exhibit 99.1 hereto the response of Deloitte & Touche to the disclosures set forth in the section.

Item 7. Financial Statements and Exhibits

99.1 Letter from the Company’s prior independent accountants.

99.2 Transmittal of Financial Reports and Certification of Compliance with United States Trustee Operating Requirements for the Period ended December 31, 2002 as filed with the United States Bankruptcy Court for the Northern District of Texas, Dallas Division.

Item 9. Regulation FD Disclosure.

As previously reported, on December 11, 2002, the Company and five subsidiaries each filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division, and are consolidated under the Company’s case no. 02-81268-SAF-11.

Attached to this report as Exhibit 99.2 are copies of the Transmittal of Financial Reports and Certification of Compliance with United States Trustee Operating Requirements for the Period ended December 31, 2002 for the Company and Avatex Funding, Inc., as filed with the Bankruptcy Court. Copies of such reports for the remaining affiliated debtors – Davenport, Inc., National Aluminum Corporation, Natmin Development Corporation and US HealthData Interchange, Inc. – may be obtained by contacting the Company at the address and phone set forth above.

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.

	AVATEX CORPORATION
	(Registrant)

Date: January 21, 2003	By:	/s/ Robert H. Stone
		Robert H. Stone
		Chief Restructuring Officer, General Counsel and Secretary

AVATEX CORP 8-K