UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                        Commission File Number: 000-51038
                            CUSIP Number: 58404X 10 7

                           NOTIFICATION OF LATE FILING

|X|Form 10-KSB  |_|Form 20-F   |_|Form 11-K   |_|Form 10-QSB    |_|Form N-SAR

For Period Ended:  December 31, 2007


|_|  Transition Report on Form 10-K
|_|  Transition  Report  on Form 20-F
|_|  Transition Report on Form 11-K
|_|  Transition Report on Form 10-Q
|_|  Transition Report on Form N-SAR

For the Transition Period Ended:______________________________________

    Nothing in this form shall be construed to imply that the Commission has
                   verified any information contained herein.


                                     PART I
                             REGISTRANT INFORMATION

           Full name of registrant: MedaSorb Technologies Corporation
  ----------------------------------------------------------------------------

                           Former name if applicable:

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

                Address of principal executive office (Street and
                                    number):
                           7 Deer Park Drive, Suite K

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

                            City, state and zip code
                       Monmouth Junction, New Jersey 08852

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



                                     PART II
                             RULE 12b-25(b) AND (c)

         If the subject report could not be filed without unreasonable effort or
expense  and  the  Registrant  seeks  relief  pursuant  to Rule  12b-25(b),  the
following should be completed. (Check box if appropriate.)

      (a) The reasons  described in  reasonable  detail in Part III of this form
      could not be eliminated without unreasonable effort or expense;


      (b) The subject annual report,  semi-annual  report,  transition report on
      Form 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
|X|   or before the 15th calendar day following the  prescribed due date; or the
      subject  quarterly report or transition  report on Form 10-QSB, or portion
      thereof will be filed on or before the fifth  calendar day  following  the
      prescribed due date; and

      (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
      has been attached if applicable.

                                    PART III
                                    NARRATIVE

         State  below in  reasonable  detail why the Form  10-KSB,  20-F,  11-K,
10-QSB, N-SAR, N-CSR or the transition report portion thereof could not be filed
within the prescribed time period.

          The  Registrant's  Form 10-KSB for the period ended  December 31, 2007
could not be filed within the prescribed  time period because the Registrant was
unable to complete the  preparation  for filing of Item 1, Financial  Statements
prior to the close of business on March 31, 2008.  Accordingly,  the  Registrant
could  not  prepare  and file the Form  10-KSB  without  unreasonable  effort or
expense.

                                     PART IV
                                OTHER INFORMATION

         (1) Name and  telephone  number of person to  contact in regard to this
notification

                          David Lamadrid (732) 329-8885

         (2) Have all other periodic  reports required under Section 13 or 15(d)
of the Securities  Exchange Act of 1934 or Section 30 of the Investment  Company
Act of 1940 during the  preceding 12 months or for such shorter  period that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

                       |X| Yes    |_|  No

         (3) Is it  anticipated  that  any  significant  change  in  results  of
operations  from the  corresponding  period  for the last  fiscal  year  will be
reflected by the  earnings  statements  to be included in the subject  report or
portion thereof?

                       |_| Yes    |X|  No

         If  so:  attach  an  explanation  of  the  anticipated   change,   both
narratively and  quantitatively,  and, if  appropriate,  state the reasons why a
reasonable estimate of the results cannot be made.



                        MEDASORB TECHNOLOGIES CORPORATION

Has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.



                March 31, 2008                   /s/ David Lamadrid
-----------------------------------      ---------------------------------------
                     Date                David Lamadrid, Chief Financial Officer