-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UmfY3EHnc+XfMmavVlwwtU78My/mhODKDnOQNnzDdy68dZTOi17GRNYIRLco0VKA
 ZOTLbIRNAIY34WBMyBf/Yw==

<SEC-DOCUMENT>0001416377-10-000004.txt : 20100201
<SEC-HEADER>0001416377-10-000004.hdr.sgml : 20100201
<ACCEPTANCE-DATETIME>20100129182641
ACCESSION NUMBER:		0001416377-10-000004
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100201
DATE AS OF CHANGE:		20100129
EFFECTIVENESS DATE:		20100201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HEMAQUEST PHARMACEUTICALS
		CENTRAL INDEX KEY:			0001416377
		IRS NUMBER:				260814473
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-110234
		FILM NUMBER:		10561366

	BUSINESS ADDRESS:	
		STREET 1:		1229 MADISON STREET
		STREET 2:		SUITE 680
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98104
		BUSINESS PHONE:		(206) 682-1233

	MAIL ADDRESS:	
		STREET 1:		1229 MADISON STREET
		STREET 2:		SUITE 680
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HemaGenex Pharmaceuticals Inc
		DATE OF NAME CHANGE:	20071026
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001416377</cik>
        <entityName>HEMAQUEST PHARMACEUTICALS</entityName>
        <issuerAddress>
            <street1>1229 MADISON STREET</street1>
            <street2>SUITE 680</street2>
            <city>SEATTLE</city>
            <stateOrCountry>WA</stateOrCountry>
            <zipCode>98104</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(206) 682-1233</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>HemaGenex Pharmaceuticals Inc</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ronald</firstName>
                <lastName>Berenson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1229 Madison Street, Suite 680</street1>
                <city>Seattle</city>
                <stateOrCountry>WA</stateOrCountry>
                <zipCode>98104</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Frederick</firstName>
                <lastName>Dotzler</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>400 Hamilton Ave., Suite 300</street1>
                <city>Palo Alto</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>94301</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ivor</firstName>
                <lastName>Royston</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>9393 Towne Centre Drive, Suite 200</street1>
                <city>San Diego</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92121</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bryan</firstName>
                <lastName>Dunnivant</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>115 West Washington Street</street1>
                <street2>South Tower - Suite 1680</street2>
                <city>Indianapolis</city>
                <stateOrCountry>IN</stateOrCountry>
                <zipCode>46204</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Susan</firstName>
                <lastName>Perrine</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>715 Albany Street, L-909</street1>
                <city>Boston</city>
                <stateOrCountry>MA</stateOrCountry>
                <zipCode>02118</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <lastName>Handfelt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>701 Fifth Ave., Suite 5100</street1>
                <city>Seattle</city>
                <stateOrCountry>WA</stateOrCountry>
                <zipCode>98104</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>George</firstName>
                <lastName>Stamatoyannopoulos</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>702 35th Ave.</street1>
                <city>Seattle</city>
                <stateOrCountry>WA</stateOrCountry>
                <zipCode>98122</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Wayne</firstName>
                <lastName>Roe</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5311 Elsmere Avenue</street1>
                <city>Bethesda</city>
                <stateOrCountry>MD</stateOrCountry>
                <zipCode>20814</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pharmaceuticals</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-19</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>12651233</totalOfferingAmount>
            <totalAmountSold>5999999</totalAmountSold>
            <totalRemaining>6651234</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>5</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>HEMAQUEST PHARMACEUTICALS</issuerName>
                <signatureName>/s/Hayley Sapp</signatureName>
                <nameOfSigner>Hayley Sapp</nameOfSigner>
                <signatureTitle>Attorney-in-Fact</signatureTitle>
                <signatureDate>2010-01-29</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----