VASOGEN INC
6-K, 2000-01-20
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
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                                   FORM 6 - K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        REPORT OF FOREIGN PRIVATE ISSUER
                      Pursuant to Rule 13a-16 or 15d-16 of
                       The Securities Exchange Act of 1934

                          For the month of January 2000
                         Commission File Number 0-29350

                                  VASOGEN INC.
                 (Translation of Registrant's name into English)

           2155 Dunwin Drive, Suite 10, Mississauga, Ontario, L5L 4M1
                    (Address of principal executive offices)

(Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20 - F or Form 40 - F.)

                   Form 20 - F [ X ]      Form 40 - F [   ]

(Indicate by check mark whether the  registrant  by furnishing  the  information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
Commission  pursuant to Rule  12g3-2(b)  under the  Securities  Exchange  Act of
1934.)

                                Yes [   ]   No [ X ]

This Form 6-K consists of:

A press  release  issued by Vasogen Inc. on January 19, 2000,  titled:  "Vasogen
Announces  Plans for U.S.  Clinical  Trial in  Patients  with  Congestive  Heart
Failure"

                                    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, thereunto duly authorized.

                                  VASOGEN INC.


                                  By /s/Christopher Waddick
                                     ----------------------
                                  (Name: Christopher Waddick)
                                  (Title: Vice-President, Finance & CFO)

Date:  January 19, 2000
<PAGE>
Vasogen Inc.                                      INVESTOR CONTACT

2155 Dunwin Drive, Suite 10                       Trevor Burns
Mississauga, ON, Canada  L5L 4M1                  Investor Relations
tel  (905) 569-2265   fax  (905) 569-9231         tel  (905) 569-9065
http://www.vasogen.com                            e-mail   [email protected]

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

FOR IMMEDIATE RELEASE


                 VASOGEN ANNOUNCES PLANS FOR U.S. CLINICAL TRIAL
                    IN PATIENTS WITH CONGESTIVE HEART FAILURE

Toronto,  Ontario (January 19, 2000) -- Vasogen Inc.  (TSE:VAS;  AMEX:MEW) today
announced  plans to  proceed  with a  two-center  clinical  trial of its  immune
modulation therapy, VAS991, in patients with congestive heart failure (CHF). CHF
is a progressive and often fatal cardiac condition  affecting millions of people
in North America. The Company is currently completing regulatory  submissions to
the FDA to commence the trial at two leading centers in the United States.

Nearly 5 million  Americans  suffer from CHF and its prevalence is increasing at
10 percent per year, primarily due to the aging population,  as well as improved
long-term  survival  in heart  disease  patients.  CHF occurs  when the  pumping
function of the heart is  insufficient  to meet the body's demand for oxygen and
other  nutrients.  With  prolonged  inadequate  blood supply to vital organs and
voluntary  muscles,  a number  of  compensatory  mechanisms  develop  initially,
leading to salt and water  retention,  worsening  heart  function and eventually
symptoms of shortness of breath, fatigue and swelling of the legs. The condition
is usually progressive, becomes irreversible, and ultimately results in death.

Plans for the placebo-controlled clinical trial are underway at two leading U.S.
cardiovascular centres: The Cleveland Clinic Foundation,  under the direction of
Dr. James Young, Medical Director,  Kaufman Center for Heart Failure, and Baylor
College  of  Medicine,  under the  direction  of Dr.  Guillermo  Torre,  Medical
Director, Heart Transplant Service.

CHF is now  recognized  to be a systemic  disorder  characterized  by  excessive
sympathetic  nervous  system  activity,  generalized  dysfunction  of the  blood
flow-controlling  endothelial  cells  which  line  blood  vessels,  inflammation
secondary to immune activation of the Th1 cell type, and an increased death rate
of heart muscle cells.  Vasogen's immune modulation therapy,  which involves the
withdrawal  of a sample of a patient's  blood,  modification  of the  components
within the sample, and administration of the modified sample to the patient, has
been  shown  experimentally  to  have a  beneficial  impact  on  many  of  these
pathological processes.

"The prospects for a novel non-pharmaceutical  approach to the treatment of this
all too common and often fatal disorder are very exciting,"  said Dr.  Guillermo
Torre,  Baylor's Medical Director of the Heart Transplant Service.  "The ability
of Vasogen's  immune  modulation  therapy to  beneficially  regulate many of the
complex factors that lead to the relentless  progression of this disease,  while
avoiding  the need to add to the  already  large  number of drugs taken by these
patients, offers the potential for a major advance in cardiac care."

                                                                  ..... / cont'd
<PAGE>

While the  introduction  of treatment  with beta  blocking  agents,  angiotensin
converting   enzyme  (ACE)   inhibitors,   and   aldosterone   antagonists   has
significantly  reduced mortality in CHF, the condition remains the leading cause
of  hospital  admissions  in  patients  over 65 years of age. In its most severe
form, CHF still results in a 50 percent one-year mortality rate.

"Addressing  congestive heart failure  represents an important  extension of our
cardiovascular  disease program," said Dr. Eldon Smith, Vasogen's Vice President
of  Scientific  Affairs.  "We  believe  there is a  significant  opportunity  to
demonstrate a beneficial effect in this life-threatening condition."



   Vasogen is focused on developing immune modulation therapies to advance the
   treatment of cardiovascular, autoimmune and related inflammatory diseases.
   These therapies are designed to target fundamental disease-causing events,
                            providing safe, effective
                                   treatment.

Statements  contained  in this press  release,  including  those  pertaining  to
scientific and clinical research,  commercialization plans, strategic alliances,
and intellectual property protection,  other than statements of historical fact,
are  forward-looking  statements subject to a number of uncertainties that could
cause actual results to differ materially from statements made.


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