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  <TITLE> ADVENTRX Pharmaceuticals, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	March 22, 2007
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  	ADVENTRX Pharmaceuticals, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	001-32157
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  	84-1318182
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	6725 Mesa Ridge Road, Suite 100, San Diego, California
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  	92121
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  _________________________________<BR>
  	(Address of principal executive offices)
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	858-552-0866
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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  On March 22, 2007, the Board of Directors (the "Board") of ADVENTRX Pharmaceuticals, Inc. (the "Company") unanimously approved an increase in and set the annual base salary of Evan M. Levine, the Company&#x2019;s chief executive officer, for 2007.  Mr. Levine&#x2019;s new base salary is $450,000 and is retroactive to January 1, 2007.  In addition, the Board unanimously awarded Mr. Levine a cash bonus of $100,000 in recognition of Mr. Levine&#x2019;s performance in 2006.  This bonus was not pursuant to any plan or program and, immediately prior to awarding such bonus, the Company had no obligation to pay Mr. Levine this or any other bonus.  <br><br>In addition, the Board unanimously authorized the chair of the Board&#x2019;s compensation committee (the "Committee") to, with the advice and assistance of the Committee&#x2019;s compensation consultant,  negotiate additional terms of Mr. Levine&#x2019;s continued employment, including (without limitation) a cash bonus based on achieving pre-established objectives, the grant of an option to purchase shares of the Company&#x2019;s common stock, severance in the event of the termination of Mr. Levine&#x2019;s employment by the Company without cause or by Mr. Levine with good reason (whether or not in connection with a change of control of the Company) and such other terms as the Committee, in consultation with the Committee&#x2019;s compensation consultant, determines are reasonable.  <br>
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  	SIGNATURES
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  	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.
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  	ADVENTRX Pharmaceuticals, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	March 27, 2007
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  	By:
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  <I>
  	/s/ Gregory P. Hanson
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  <I>
  	Name: Gregory P. Hanson
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  	Title: Chief Financial Officer
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_19181.htm", "description": "LIVE FILING", "secsgml_size_bytes": 9816}]
metadata_filer: {"company-data": {"conformed-name": "ADVENTRX PHARMACEUTICALS INC", "cik": "0001160308", "assigned-sic": "2834", "irs-number": "841318182", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32157", "film-number": "07720287"}, "business-address": {"street1": "6725 MESA RIDGE ROAD", "street2": "SUITE 100", "city": "SAN DIEGO", "state": "CA", "zip": "92131", "phone": "8585520866"}, "mail-address": {"street1": "6725 MESA RIDGE ROAD", "street2": "SUITE 100", "city": "SAN DIEGO", "state": "CA", "zip": "92131"}, "former-company": {"former-conformed-name": "BIOKEYS PHARMACEUTICALS INC", "date-changed": "20010928"}}
text: ADVENTRX Pharmaceuticals, Inc. (Form: 8-K)
  UNITED STATES
  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):
  March 22, 2007
  ADVENTRX Pharmaceuticals, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  001-32157
  84-1318182
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  6725 Mesa Ridge Road, Suite 100, San Diego, California
  92121
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  858-552-0866
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  On March 22, 2007, the Board of Directors (the "Board") of ADVENTRX Pharmaceuticals, Inc. (the "Company") unanimously approved an increase in and set the annual base salary of Evan M. Levine, the Company's chief executive officer, for 2007.  Mr. Levine's new base salary is $450,000 and is retroactive to January 1, 2007.  In addition, the Board unanimously awarded Mr. Levine a cash bonus of $100,000 in recognition of Mr. Levine's performance in 2006.  This bonus was not pursuant to any plan or program and, immediately prior to awarding such bonus, the Company had no obligation to pay Mr. Levine this or any other bonus.
  In addition, the Board unanimously authorized the chair of the Board's compensation committee (the "Committee") to, with the advice and assistance of the Committee's compensation consultant,  negotiate additional terms of Mr. Levine's continued employment, including (without limitation) a cash bonus based on achieving pre-established objectives, the grant of an option to purchase shares of the Company's common stock, severance in the event of the termination of Mr. Levine's employment by the Company without cause or by Mr. Levine with good reason (whether or not in connection with a change of control of the Company) and such other terms as the Committee, in consultation with the Committee's compensation consultant, determines are reasonable.
  Top of the Form
  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.
  ADVENTRX Pharmaceuticals, Inc.
  March 27, 2007
  By:
  /s/ Gregory P. Hanson
  Name: Gregory P. Hanson
  Title: Chief Financial Officer