content: 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)
  
                                  January 20, 2005
  
  
  
                                    CORTECH, INC.
               (Exact name of registrant as specified in its charter)
  
  
                                      DELAWARE
           (State of other jurisdiction of incorporation or organization)
  
  
          1-7986                                       84-0894091
  (Commission File Number)               (I.R.S. Employer Identification Number)
  
              376 Main Street
                P.O. Box 74
          Bedminster, New Jersey                                 07921
  (Address of principal executive offices)                    (Zip Code)
  
  
                 Registrant's telephone number, including area code
                                   (908)234-1881
  
  
  <PAGE>
  
  
  
  Item 4.01.      Changes in Registrant's Certifying Accounts
  ----------      -------------------------------------------
  
       (a) Previous independent registered public accounting firm
  
  
            (i)  On January 20, 2005, Cortech,  Inc. (the "Registrant")  dismissed
                 PricewaterhouseCoopers  LLP as its independent  registered public
                 accounting  firm.  The Audit  Committee  and  Board of  Directors
                 participated  in and approved the decision to change  independent
                 registered public accounting firms.
  
  
            (ii) The  reports  of  PricewaterhouseCoopers  LLP  on  the  financial
                 statements for each of the two years in the period ended December
                 31, 2003  contained no adverse  opinion or  disclaimer of opinion
                 and were not qualified or modified as to uncertainty, audit scope
                 or accounting principle.
  
  
            (iii)During  each of the two years in the period  ended  December  31,
                 2003  and  through   January  20,   2005,   there  have  been  no
                 disagreements  with  PricewaterhouseCoopers  LLP on any matter of
                 accounting   principles   or   practices,   financial   statement
                 disclosure,  or auditing scope or procedure,  which disagreements
                 if not resolved to the satisfaction of PricewaterhouseCoopers LLP
                 would have caused them to make reference thereto in their reports
                 on the financial statements for such years.
  
            (iv) During  each of the two years in the period  ended  December  31,
                 2003 and through January 20, 2005,  there have been no reportable
                 events (as defined in Regulation S-B 304 (a) (1) (iv)).
  
  
            (v)  The  Registrant  has requested  that  PricewaterhouseCoopers  LLP
                 furnish it with a letter  addressed to the SEC stating whether or
                 not it agrees with the above  statements.  A copy of such letter,
                 dated January 26, 2005, is filed as Exhibit 16 to this Form 8-K
  
  
       (b) New independent registered public accounting firm
  
  
            (i)  The Registrant  engaged Amper,  Politziner & Mattia,  P.C. as its
                 new independent  registered public accounting firm on January 20,
                 2005. During the two most recent fiscal years and through January
                 20, 2005, the Registrant has not consulted with Amper, Politziner
                 & Mattia P.C.  concerning any matter  referred to under paragraph
                 (i) or (ii) of Item 304 (a)(2) of Regulation S-B.
  
  
  Item 7.      Financial Statements, Pro Forma Financial Information and Exhibits.
  -------      -------------------------------------------------------------------
  
  (c)          Exhibits
  
  16.1         Letter  of  PricewaterhouseCoopers  LLP,  dated  January  26,  2005
               pursuant to Item 304(a)(3) of Regulation S-B.
  
  
  
  <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.
  
                                                    Cortech, Inc.
                                                    -----------------------------
                                                            (Registrant)
  
  
                                               By   /s/ Sue Ann Merrill
                                                    -----------------------------
                                                    Sue Ann Merrill
                                                    Chief Financial Officer
  
  
                                             Date   January 26, 2005
                                                    -----------------------------
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metadata_filer: {"company-data": {"conformed-name": "CORTECH INC", "cik": "0000728478", "assigned-sic": "2834", "irs-number": "840894091", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20726", "film-number": "05550388"}, "business-address": {"street1": "376 MAIN STREET", "city": "BEDMINSTER", "state": "NJ", "zip": "07921", "phone": "9082341881"}, "mail-address": {"street1": "376 MAIN STREET", "street2": "P.O. BOX 74", "city": "BEDMINSTER", "state": "NJ", "zip": "07921"}}
text: 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)
  
                                  January 20, 2005
  
                                    CORTECH, INC.
               (Exact name of registrant as specified in its charter)
  
                                      DELAWARE
           (State of other jurisdiction of incorporation or organization)
  
          1-7986                                       84-0894091
  (Commission File Number)               (I.R.S. Employer Identification Number)
  
              376 Main Street
                P.O. Box 74
          Bedminster, New Jersey                                 07921
  (Address of principal executive offices)                    (Zip Code)
  
                 Registrant's telephone number, including area code
                                   (908)234-1881
  Item 4.01.      Changes in Registrant's Certifying Accounts
  ----------      -------------------------------------------
  
       (a) Previous independent registered public accounting firm
  
            (i)  On January 20, 2005, Cortech,  Inc. (the "Registrant")  dismissed
                 PricewaterhouseCoopers  LLP as its independent  registered public
                 accounting  firm.  The Audit  Committee  and  Board of  Directors
                 participated  in and approved the decision to change  independent
                 registered public accounting firms.
  
            (ii) The  reports  of  PricewaterhouseCoopers  LLP  on  the  financial
                 statements for each of the two years in the period ended December
                 31, 2003  contained no adverse  opinion or  disclaimer of opinion
                 and were not qualified or modified as to uncertainty, audit scope
                 or accounting principle.
  
            (iii)During  each of the two years in the period  ended  December  31,
                 2003  and  through   January  20,   2005,   there  have  been  no
                 disagreements  with  PricewaterhouseCoopers  LLP on any matter of
                 accounting   principles   or   practices,   financial   statement
                 disclosure,  or auditing scope or procedure,  which disagreements
                 if not resolved to the satisfaction of PricewaterhouseCoopers LLP
                 would have caused them to make reference thereto in their reports
                 on the financial statements for such years.
  
            (iv) During  each of the two years in the period  ended  December  31,
                 2003 and through January 20, 2005,  there have been no reportable
                 events (as defined in Regulation S-B 304 (a) (1) (iv)).
  
            (v)  The  Registrant  has requested  that  PricewaterhouseCoopers  LLP
                 furnish it with a letter  addressed to the SEC stating whether or
                 not it agrees with the above  statements.  A copy of such letter,
                 dated January 26, 2005, is filed as Exhibit 16 to this Form 8-K
  
       (b) New independent registered public accounting firm
  
            (i)  The Registrant  engaged Amper,  Politziner & Mattia,  P.C. as its
                 new independent  registered public accounting firm on January 20,
                 2005. During the two most recent fiscal years and through January
                 20, 2005, the Registrant has not consulted with Amper, Politziner
                 & Mattia P.C.  concerning any matter  referred to under paragraph
                 (i) or (ii) of Item 304 (a)(2) of Regulation S-B.
  
  Item 7.      Financial Statements, Pro Forma Financial Information and Exhibits.
  -------      -------------------------------------------------------------------
  
  (c)          Exhibits
  
  16.1         Letter  of  PricewaterhouseCoopers  LLP,  dated  January  26,  2005
               pursuant to Item 304(a)(3) of Regulation S-B.
  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.
  
                                                    Cortech, Inc.
                                                    -----------------------------
                                                            (Registrant)
  
                                               By   /s/ Sue Ann Merrill
                                                    -----------------------------
                                                    Sue Ann Merrill
                                                    Chief Financial Officer
  
                                             Date   January 26, 2005
                                                    -----------------------------