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): August 5, 2005

                                IPIX CORPORATION
                                ----------------
             (Exact name of registrant as specified in its charter)


           DELAWARE                 000-26363                   52-2213841
           --------                 ---------                   ----------
       (State or other             (Commission                (IRS Employer
 jurisdiction of incorporation)    File Number)          Identification Number)

  12120 SUNSET HILLS ROAD, SUITE 410 RESTON, VIRGINIA             20910
  -------------------------------------------------------------------------
       (Address of principal executive offices)                 (Zip Code)


       Registrant's telephone number, including area code: (703) 674-4100
                                                           --------------


                                       N/A
                                       ---
          (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 (see General Instruction A.2. below):

 [  ] 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))


<PAGE>


ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Furnished as Exhibit 99.1 is a copy of IPIX  Corporation's  earnings release for
the quarter ended June 30, 2005, which was issued August 5, 2005.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.

The  following  exhibit  is  furnished  pursuant  to  Item  2.02,  is  not to be
considered  "filed"  under  the  Securities  Exchange  Act of 1934,  as  amended
("Exchange  Act"),  and shall not be  incorporated by reference into any of IPIX
Corporation's  ("Corporation")  previous or future  filings under the Securities
Act of 1933, as amended, or the Exchange Act.



 Exhibit No.          Description
 -----------          -----------
 99.1                 Press Release dated August 5, 2005









                                       2
<PAGE>



                                   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.


                                          IPIX CORPORATION



Dated:  August 8, 2005                     /s/ Clara M. Conti
                                          ---------------------------
                                          Clara M. Conti
                                          Chief Executive Officer










                                       3
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{"company-data": {"conformed-name": "IPIX CORP", "cik": "0001088022", "assigned-sic": "7389", "irs-number": "522213841", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26363", "film-number": "051006001"}, "business-address": {"street1": "1009 COMMERCE PARK DR", "street2": "SUITE 400", "city": "OAK RIDGE", "state": "TN", "zip": "37830", "phone": "8654823000"}, "mail-address": {"street1": "1009 COMMERCE PARK DR", "street2": "SUITE 400", "city": "OAK RIDGE", "state": "TN", "zip": "37830"}, "former-company": [{"former-conformed-name": "INTERNET PICTURES CORP", "date-changed": "20000210"}, {"former-conformed-name": "BAMBOO COM INC", "date-changed": "19990604"}]}
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): August 5, 2005

                                IPIX CORPORATION
                                ----------------
             (Exact name of registrant as specified in its charter)

           DELAWARE                 000-26363                   52-2213841
           --------                 ---------                   ----------
       (State or other             (Commission                (IRS Employer
 jurisdiction of incorporation)    File Number)          Identification Number)

  12120 SUNSET HILLS ROAD, SUITE 410 RESTON, VIRGINIA             20910
  -------------------------------------------------------------------------
       (Address of principal executive offices)                 (Zip Code)

       Registrant's telephone number, including area code: (703) 674-4100
                                                           --------------

                                       N/A
                                       ---
          (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 (see General Instruction A.2. below):

 [  ] 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))
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Furnished as Exhibit 99.1 is a copy of IPIX  Corporation's  earnings release for
the quarter ended June 30, 2005, which was issued August 5, 2005.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.

The  following  exhibit  is  furnished  pursuant  to  Item  2.02,  is  not to be
considered  "filed"  under  the  Securities  Exchange  Act of 1934,  as  amended
("Exchange  Act"),  and shall not be  incorporated by reference into any of IPIX
Corporation's  ("Corporation")  previous or future  filings under the Securities
Act of 1933, as amended, or the Exchange Act.

 Exhibit No.          Description
 -----------          -----------
 99.1                 Press Release dated August 5, 2005

                                       2
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.

                                          IPIX CORPORATION

Dated:  August 8, 2005                     /s/ Clara M. Conti
                                          ---------------------------
                                          Clara M. Conti
                                          Chief Executive Officer

                                       3