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        of quotations for its common stock on the OTC Bulletin Board and its
        subsidiary's nomination by the Pacific Northwest National Laboratory for
        a
        Federal Laboratory Consortium Award for Excellence in Technology Transfer.
        A
        copy of the Company's press release is attached hereto as Exhibit 99.1 and
        incorporated herein by this reference.</font></div>
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              <td align="left" style="WIDTH: 27pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">99.1</font></td>
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                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Press
                  release of IsoRay, Inc. dated November 3,
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
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        accordance with the requirements of the Exchange Act, the Registrant caused
        this
        report to be signed on its behalf by the undersigned, thereunto duly
        authorized.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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                <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">IsoRay,
                  Inc., a Minnesota corporation</font></td>
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                <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dated:
                  November 3, 2005</font></td>
                <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;&#160;</font></td>
                <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                  Roger E. Girard</font></td>
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                  <hr style="COLOR: #000000" align="left" noshade size="2" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Roger
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                <td>&#160;</td>
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{"company-data": {"conformed-name": "IsoRay, Inc.", "cik": "0000728387", "assigned-sic": "3841", "irs-number": "411458152", "state-of-incorporation": "MN", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-14247", "film-number": "051177582"}, "business-address": {"street1": "350 HILLS STREET,", "street2": "SUITE 106", "city": "RICHLAND", "state": "WA", "zip": "99354", "phone": "(509) 375-1202"}, "mail-address": {"street1": "350 HILLS STREET,", "street2": "SUITE 106", "city": "RICHLAND", "state": "WA", "zip": "99354"}, "former-company": {"former-conformed-name": "CENTURY PARK PICTURES CORP", "date-changed": "19920703"}}
United
        States Securities And Exchange Commission
Washington,
        DC 20549
FORM
        8-K
CURRENT
        REPORT
Pursuant
        to Section 13 or 15(d) of the Securities Exchange Act of
        1934
Date
                  of Report: November 3, 2005
ISORAY,
          INC.
(Exact
          name of registrant as specified in its charter)
Minnesota
000-14247
41-1458152
(State
                      or other jurisdiction
of
                      incorporation)
(Commission
File
                      Number)
(IRS
                      Employer
Identification
                      No.)
350
        Hills Street, Suite 106, Richland, Washington 99354
(Address
        of principal executive offices) (Zip Code)
(509)
        375-1202
(Registrant's
        telephone number)
ITEM 8.01
        Other Events
On
        November 3, 2005, the Company issued a press release announcing the commencement
        of quotations for its common stock on the OTC Bulletin Board and its
        subsidiary's nomination by the Pacific Northwest National Laboratory for
        a
        Federal Laboratory Consortium Award for Excellence in Technology Transfer.
        A
        copy of the Company's press release is attached hereto as Exhibit 99.1 and
        incorporated herein by this reference.
ITEM
        9.01 Exhibits
(c)
Exhibits
99.1
Press
                  release of IsoRay, Inc. dated November 3,
                  2005.
SIGNATURES
In
        accordance with the requirements of the Exchange Act, the Registrant caused
        this
        report to be signed on its behalf by the undersigned, thereunto duly
        authorized.
IsoRay,
                  Inc., a Minnesota corporation
Dated:
                  November 3, 2005
By:
/s/
                  Roger E. Girard
Roger
                  E. Girard, CEO