PRICE T ROWE HEALTH & LIFE SCIENCES FUND INC
N-8A, 1995-10-27
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          PAGE 1
                          SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.  20549


                                      FORM N-8A


                             NOTIFICATION OF REGISTRATION
                        FILED PURSUANT TO SECTION 8(a) OF THE
                            INVESTMENT COMPANY ACT OF 1940


               The undersigned investment company hereby notifies the
          Securities and Exchange Commission that it registers under and
          pursuant to the provisions of Section 8(a) of the Investment
          Company Act of 1940 and in connection with such notification of
          registration submits the following information:

          _________________________________________________________________


          Name:      T. Rowe Price Health & Life Sciences Fund, Inc.         
          _________________________________________________________________

          Address of Principal Business Office (No. & Street, City, State,
          Zip Code):

             100 East Pratt Street,       Baltimore, Maryland 21202         
          _________________________________________________________________


          Telephone Number (including area code):(410) 547-2000          
          ______________________________________________________


          Name and address of agent for service of process:

                             Henry Holt Hopkins, Esquire          
          _________________________________________________________________


             100 East Pratt Street,   Baltimore, Maryland 21202          
          _________________________________________________________________

          Check Appropriate Box:

             Registrant is filing a Registration Statement pursuant to
             Section 8(b) of the Investment Company Act of 1940
             concurrently with the filing of Form N-8A:

                     YES  / X /           NO  /____/
          _________________________________________________________________


















          PAGE 2
                                      SIGNATURES


          1.         Form of signature if registrant is an investment
                     company having a board of directors:

                     Pursuant to the requirements of the Investment Company
                     Act of 1940, the registrant has caused this
                     notification of registration to be duly signed on its
                     behalf in the city of Baltimore and State of Maryland
                     on the 27th day of October, 1995.



          [SEAL]  Signature:  T. ROWE PRICE HEALTH & LIFE SCIENCES FUND,
          INC.            
          _________________________________________________________________
                                         (Name of Registrant)



                    By:      /s/James S. Riepe
                             James S. Riepe, President and Director


          Attest:


                 /s/Lenora V. Hornung
                 Lenora V. Hornung

                     Secretary

































          


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