AVATEX CORP
8-K, 2000-04-05
REAL ESTATE
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                       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): APRIL 5, 2000

                               AVATEX CORPORATION

             ------------------------------------------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                                    DELAWARE

                 ----------------------------------------------
                 (STATE OR OTHER JURISDICTION OF INCORPORATION)

          1-8549                                       25-1425889
- ------------------------                   ------------------------------------
(COMMISSION FILE NUMBER)                   (I.R.S. EMPLOYER IDENTIFICATION NO.)

5910 N. CENTRAL EXPRESSWAY, SUITE #1780                   75206
          DALLAS, TEXAS
- ----------------------------------------               ----------
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)               (ZIP CODE)

                                  214-365-7450
              ----------------------------------------------------
              (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)

          -------------------------------------------------------------
          (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
================================================================================


NY2:\898889\01\64935.0001
<PAGE>

Item 5. Other Events

          On April 5, 2000, Avatex Corporation announced that any proposals to
be presented to its stockholders at Avatex's 2000 annual meeting of stockholders
must be received by Avatex for inclusion in its proxy statement for the meeting
by May 31, 2000.

          Reference is hereby made to the Press Release, dated April 5, 2000,
which is attached hereto as Exhibit 99 and incorporated herein by reference.

Item 7. Financial Statements and Exhibits


(c)       Exhibits

          99        Press Release dated April 5, 2000, issued by Avatex
                    Corporation.





                                   SIGNATURES



          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.

                                      AVATEX CORPORATION
                                      (Registrant)



                                      By: /s/ Robert H. Stone
                                          -----------------------
                                          Robert H. Stone
                                          Vice President, General
                                          Counsel and Secretary


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<PAGE>



                                  EXHIBIT INDEX


      EXHIBIT NO.          DESCRIPTION                                 PAGE
      -----------          -----------                                 ----

          99        Press Release dated April 5, 2000, issued by Avatex
                    Corporation.



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For:      Avatex Corporation

Contact:  Grady E. Schleier
          Senior Vice President and Chief Financial Officer
          (214) 365-7450



                          AVATEX CORPORATION ANNOUNCES
                    SUBMISSION DATE FOR SHAREHOLDER PROPOSALS
                    -----------------------------------------

          Dallas, Texas -- April 5, 2000 -- Avatex Corporation (OTCBB: AVAT)
today announced that any proposals to be presented to its stockholders at
Avatex's 2000 annual meeting of stockholders must be received by Avatex for
inclusion in its proxy statement for the meeting by May 31, 2000.

          Avatex is a holding company that, along with its subsidiaries, owns
interests in other corporations and partnerships. Through Phar-Mor, Inc., its
38% owned subsidiary, Avatex is involved in operating a chain of retail discount
drug stores devoted to the sale of prescription and over-the-counter drugs,
health and beauty aids and other general merchandise.



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