-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FBsV2+bBAPyTVjaXFCym8ELJIZeBEWRc1gDz03IIxMbQDorWdNbFzuten3uGc8oT
 68WBx6Xb5xgGB3Behnugjg==

<SEC-DOCUMENT>0001421642-09-000003.txt : 20091106
<SEC-HEADER>0001421642-09-000003.hdr.sgml : 20091106
<ACCEPTANCE-DATETIME>20091106125017
ACCESSION NUMBER:		0001421642-09-000003
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091106
DATE AS OF CHANGE:		20091106
EFFECTIVENESS DATE:		20091106

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ICO THERAPEUTICS INC
		CENTRAL INDEX KEY:			0001421642
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-112306
		FILM NUMBER:		091163676

	BUSINESS ADDRESS:	
		STREET 1:		760-777 HORNBY STREET
		CITY:			VANCOUVER
		STATE:			XX
		ZIP:			V6Z 1S4
		BUSINESS PHONE:		604-602-9414

	MAIL ADDRESS:	
		STREET 1:		760-777 HORNBY STREET
		CITY:			VANCOUVER
		STATE:			XX
		ZIP:			V6Z 1S4
</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>0001421642</cik>
        <entityName>ICO THERAPEUTICS INC</entityName>
        <issuerAddress>
            <street1>760-777 HORNBY STREET</street1>
            <city>VANCOUVER</city>
            <stateOrCountry>A1</stateOrCountry>
            <zipCode>V6Z 1S4</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>604-602-9414</issuerPhoneNumber>
        <jurisdictionOfInc>BRITISH COLUMBIA, CANADA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2006</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>W.</firstName>
                <middleName>John</middleName>
                <lastName>Meekison</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Peter</firstName>
                <lastName>Hnik</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <lastName>Clement</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Andrew</firstName>
                <lastName>Rae</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Santa Jeremy</firstName>
                <lastName>Ono</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Noel</firstName>
                <lastName>Hall</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Richard</firstName>
                <lastName>Barker</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <lastName>Jarosz</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>760-777 Hornby Street</street1>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6Z 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pharmaceuticals</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-10-29</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Versant Partners USA, Inc.</recipientName>
                <recipientCRDNumber>135167</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1100 Boulevard Renelevesque West</street1>
                    <street2>Suite 1310</street2>
                    <city>Montreal</city>
                    <stateOrCountry>A8</stateOrCountry>
                    <zipCode>H3B 4N4</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NY</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Loewen, Ondaatje, McCutcheon USA Limited</recipientName>
                <recipientCRDNumber>35205</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>Hazelton Lanes, East Tower</street1>
                    <street2>55 Avenue Road, Suite 2250</street2>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <zipCode>M5R 3L2</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NY</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2706195</totalOfferingAmount>
            <totalAmountSold>2706195</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>U.S. dollar amount is based on conversion rate of 1 CAD = 0.939651 USD (October 27, 2009).</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>216495</dollarAmount>
            </findersFees>
            <clarificationOfResponse>Placement agents will receive finders fees equal to 8% of the total offering amount.  U.S. dollar amount is based on conversion rate of 1 CAD = 0.939651 USA (October 27, 2009).</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>ICO THERAPEUTICS INC</issuerName>
                <signatureName>W. John Meekison</signatureName>
                <nameOfSigner>W. John Meekison</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2009-10-27</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----