8K





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):  August 1, 2003



BioSpecifics Technologies Corp.

(Exact Name of Registrant Specified in Charter)



Delaware

0-19879

11-3054851

(State or Other Jurisdiction

(Commission File

(I.R.S. Employer

of Incorporation)

Number)

Identification No.)



35 Wilbur Street

Lynbrook, New York 11563

(Address of Principal Executive Offices)(Zip Code)




Registrant’s telephone number, including area code:  (516) 593-7000











Item 5.     Other Events and Regulation FD Disclosure.


On August 1, 2003, BioSpecifics Technologies Corp. issued a press release announcing notification by The Nasdaq Stock Market that the Nasdaq Listing Qualifications Panel has determined to conditionally continue the listing of the Company’s common stock on The Nasdaq SmallCap Market under the symbol BSTC. The text of the press release, which is attached as Exhibit 99.1, is incorporated by reference in its entirety.


Item 7.     Financial Statements, Pro Forma Financial Information and Exhibits.


(c)   Exhibits


Exhibit No.

Description


99.1

Press release dated August 1, 2003







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SIGNATURE


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.


BIOSPECIFICS TECHNOLOGIES CORP.



Date: August 4, 2003

By:  /s/ Albert Horcher       

Name:

Albert Horcher

Title:

Principal Accounting Officer





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EXHIBIT INDEX


Exhibit No.

Description


99.1

Press release dated August 1, 2003






4