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        AND EXCHANGE COMMISSION </strong></font></div>
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</strong></font></div>
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</strong></font></div>
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              <td align="left" valign="middle" width="23%">&#160;</td>
              <td align="left" valign="bottom" width="1%">&#160;</td>
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        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): </font></div>
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                  CFR
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                  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
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        </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Entry
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
        December 22, 2005, Valley Drug Company a wholly owned subsidiary of DrugMax,
        Inc. entered into an agreement to sell selected assets related to its wholesale
        pharmaceutical distribution business located in New Castle, Pennsylvania
        to
        Rochester Drug Cooperative. Under the terms of the purchase agreement, Rochester
        Drug Cooperative will acquire the Company&#8217;s customer lists, fixtures and
        equipment, and provide assistance in collection of customer accounts
        receivables, which will be retained by the Company. </font></div>
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            <tr>
              <td align="left" valign="top" width="3%">
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                  Release dated December 23, 2005 </font></div>
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        to the requirements of the Securities Exchange Act of 1934, as amended, the
        Registrant has duly caused this Report to be signed on its behalf by the
        undersigned thereunto duly authorized. </font></div>
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        <table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" width="100%">

            <tr valign="top" bgcolor="#ffffff">
              <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DRUGMAX,
                  INC.</font></div>
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            <tr valign="top" bgcolor="#ffffff">
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
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            <tr valign="top" bgcolor="#ffffff">
              <td>&#160;</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/
                <em>Edgardo A. Mercadante</em></font></td>
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                <hr style="COLOR: #000000" align="left" noshade size="2" width="80%"><font size="2">Edgardo
                A. Mercadante,</font></td>
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            <tr valign="top" bgcolor="#ffffff">
              <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
                  Executive Officer and President</font></div>
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            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td colspan="2">&#160;</td>
              <td>&#160;</td>
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                    Release dated December 23,
                    2005</font></div>
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{"company-data": {"conformed-name": "DRUGMAX INC", "cik": "0000921878", "assigned-sic": "5122", "irs-number": "341755390", "state-of-incorporation": "NV", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15445", "film-number": "051285489"}, "business-address": {"street1": "12505 STARKEY RD", "street2": "SUITE A", "city": "LARGO", "state": "FL", "zip": "33773", "phone": "7275330431"}, "mail-address": {"street1": "6950 BRYAN DAIRY ROAD", "city": "LARGO", "state": "FL", "zip": "33777"}, "former-company": [{"former-conformed-name": "DRUGMAX COM INC", "date-changed": "20000208"}, {"former-conformed-name": "NUTRICEUTICALS COM CORP", "date-changed": "19990629"}, {"former-conformed-name": "NUMED SURGICAL INC", "date-changed": "19940419"}]}
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): December 23, 2005
DrugMax,
        Inc.
(Exact
        name of registrant as specified in its charter)
STATE
                  OF NEVADA
1-15445
34-1755390
(State
                  or other jurisdiction
of
                  incorporation)
(Commission
                  File Number)
(IRS
                  Employer
Identification
                  No.)
312
        Farmington Avenue
Farmington,
        CT 06032-1968
(Address
        of principal executive offices)
Registrant's
        telephone number, including area code: (860) 676-1222
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 1.01
Entry
        into a Material Definitive Agreement
.
On
        December 22, 2005, Valley Drug Company a wholly owned subsidiary of DrugMax,
        Inc. entered into an agreement to sell selected assets related to its wholesale
        pharmaceutical distribution business located in New Castle, Pennsylvania
        to
        Rochester Drug Cooperative. Under the terms of the purchase agreement, Rochester
        Drug Cooperative will acquire the Company's customer lists, fixtures and
        equipment, and provide assistance in collection of customer accounts
        receivables, which will be retained by the Company.
Item 9.01
Financial
        Statements and Exhibits.
99.1
Press
                  Release dated December 23, 2005
SIGNATURE
Pursuant
        to the requirements of the Securities Exchange Act of 1934, as amended, the
        Registrant has duly caused this Report to be signed on its behalf by the
        undersigned thereunto duly authorized.
DRUGMAX,
                  INC.
By:
/s/
Edgardo A. Mercadante
Edgardo
                A. Mercadante,
Chief
                  Executive Officer and President
Date: December 23, 2005
EXHIBIT
        INDEX
Exhibit
Number
Exhibit
                  Description
99.1
Press
                    Release dated December 23,
                    2005