KENSEY NASH CORP
NT 10-K, 1997-09-30
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
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                                                     SEC FILE NUMBER
                                                         0-27120

                                                       CUSIP NUMBER
                                                        490057 10 6

                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549

                                 FORM 12b-25

                         NOTIFICATION OF LATE FILING

  (Check One): /X/ Form 10-K    / / Form 20-F    / / Form 11-K
              / / Form 10-Q and Form 10-QSB    / / Form N-SAR

        For Period Ended: June 30, 1997

        /  / 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:
                                -----------------------------------------------

     Read Attached Instruction Sheet Before Preparing Form. Please Print or
Type.

     NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
VERIFIED ANY INFORMATION CONTAINED HEREIN.
      
     If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:

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

PART I.  REGISTRANT INFORMATION

- -------------------------------------------------------------------------------
Full Name of Registrant: KENSEY NASH CORPORATION

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

Former Name if Applicable N/A
MARSH CREEK CORPORATION CENTER, 55 EAST UWCHLAN AVENUE, SUITE 204

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

Address of Principal Executive Office (Street and Number)
EXTON, PA 19341

- -------------------------------------------------------------------------------
City, State and Zip Code

PART II.  RULES 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;

/X/  (b) The subject annual report, semi-annual report, transition report on
     Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on 
     or before the fifteen calendar day following the prescribed due date; or   
     the subject quarterly report or transition report on Form 10-Q, 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 the reasons why Form 10-K and Form 10-KSB,     
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period. THE COMPANY WAS UNABLE
TO TIMELY FILE ITS ANNUAL REPORT ON FORM 10-K DUE TO COMPUTER FAILURE LEADING
TO THE LOSS OF DATA WHICH REQUIRED INTENSIVE RECREATION. THE FORM 10-K WILL BE
FILED ON THE NEXT BUSINESS DAY FOLLOWING THE PRESCRIBED DUE DATE.

                                                (ATTACH EXTRA SHEETS IF NEEDED)

<PAGE>   2

PART IV.  OTHER INFORMATION


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

    Wendy F. DiCicco                  610        524-0188
    ---------------------------------------------------------------------------
     (Name)                     (Area Code)       (Telephone number)


(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.

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


                           KENSEY NASH CORPORATION
- -------------------------------------------------------------------------------
                (Name of Registrant as specified in charter)

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

Date:   September 30, 1997       By: /s/ Wendy F. DiCicco
    ------------------------    -----------------------------------------------


INSTRUCTION:  The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title
of the person signing the form shall be typed or printed beneath the 
signature. If the statement is signed on behalf of the registrant by an
authorized representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.

                                  ATTENTION
  INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
                       VIOLATIONS (SEE 19 U.S.C. 1001).

                            GENERAL INSTRUCTIONS

1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
   Rules and Regulations under the Securities Exchange Act of 1934.

2. One signed original and four conformed copies of this form and
   amendments thereto must be completed and filed with the Securities and
   Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of
   the General Rules and Regulations under the Act. The information contained
   in or filed with the form will be made a matter of public record in the
   Commission files.

3. A manually signed copy of the form and amendments thereto shall be
   filed with each national securities exchange on which any class of
   securities of the registrant is registered.

4. Amendments to the notifications must also be filed on Form 12b-25 but
   need not restate information that has been correctly furnished. The
   form shall be clearly identified as an amended notification.

5. Electronic Filers. This form shall not be used by electronic filers
   unable to timely file a report solely due to electronic difficulties.
   Filers unable to submit a report within the time period prescribed due to
   difficulties in electronic filing should comply with either Rule 201 or Rule
   202 of Regulation S-T (Section 232.201 or Section 232.202 of this chapter)
   or apply for an adjustment in filing date pursuant to Rule 13(b) of
   Regulation S-T (Section 232.13(b) of this chapter).


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