MIRAVANT MEDICAL TECHNOLOGIES
4, 1997-10-09
PHARMACEUTICAL PREPARATIONS
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[   ] Check  this box if no  longer  subject  to  Section  16.  Form 4 or Form 5
    obligations may continue.

1. Name and Address of Reporting Person(s)
   Foscue, Charles T.
   7408 Hollister Avenue
   Santa Barbara, CA  93117

2. Issuer Name and Ticker or Trading Symbol
   Miravant Medical Technologies (MRVT)

3. IRS or Social Security Number of Reporting Person (Voluntary)
   #NULL#

4. Statement for Month/Year
   09/97

5. If Amendment, Date of Original (Month/Year)

6. Relationship  of Reporting  Person(s) to Issuer  (Check all  applicable)  [X]
   Director  [ ] 10% Owner [ ] Officer  (give  title  below) [ ] Other  (specify
   below)

7. Individual or Joint/Group  Filing (Check  Applicable  Line) [X] Form filed by
   One Reporting Person [ ] Form filed by More than One Reporting Person

<TABLE>
<CAPTION>
Table I   Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security                           2)Trans-    3.Trans- 4.Securities Acquired(A)      5)Amount of    6)  7)Nature of
                                              action      action   or Disposed of (D)            Securities         Indirect
                                              Date        Code                   A               Beneficially   D   Beneficial
                                              (Month/                            or              Owned at       or  Ownership
                                              Day/Year)   Code V   Amount        D  Price        End of Month   I
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>         <C>      <C>           <C><C>          <C>            <C><C>
Common Stock                                  09/15/97    J (1)    1,817         A   (2)         15,927         D  Direct
Common Stock                                  09/15/97    J (1)    3,259         D   (3)         11,521         I  by Corporation
Common Stock                                  09/15/97    J (1)    548           A   (2)         548            I  by Trust

<CAPTION>
Table II (PART 1)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          2)Conversion    3)Trans-       4)Trans-  5)Number of Derivative            6)Date Exercisable and
Security                       or Exercise     action         action    Securities Acquired (A)           Expiration Date
                               Price of        Date           Code      or Disposed of (D)
                               Derivative
                               Security                       Code  V   A                D                Exercisable  Expiration
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>             <C>            <C>       <C>              <C>              <C>          <C>

<CAPTION>
Table II (PART 2)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          3)Trans-  7)Title and Amount                           8)Price     9)Number of   10) 11)Nature of
Security                       action    of Underlying                                of Deri-    Derivative        Indirect
                               Date      Securities                                   vative      Securities    D   Beneficial
                                                                        Amount or     Security    Beneficially  or  Ownership
                                                                        Number of                 Owned at      I
                  -                      Title                          Shares                    End of Month
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>       <C>                            <C>           <C>         <C>           <C> <C>

</TABLE>
SIGNATURE OF REPORTING PERSON

/S/Charles T. Foscue                               October 9, 1997
- ----------------------                             ---------------
Charles T. Foscue                                   Date





Explanation of Responses:

(1) Effective September 15, 1997, 1,442 shares held by HAI Financial,  Inc. were
transferred to fund its pension plan. Of these shares,  548 were  transferred to
the  pension  plan for the  benefit of Charles T.  Foscue.  Additionally,  1,817
shares were transfered directly to Charles T. Foscue.

(2) Transferred with no consideration.

(3) Transferred with no consideration.



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