-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WhtR3bp7WzWO8dzb+Kx54ytbM8DV/rs4AmXNv47JwO3kPuVKisNKLuVa+oH9MkEy
 wy9/yBg5owWx5IhSrvgk3g==

<SEC-DOCUMENT>0001428124-09-000002.txt : 20090723
<SEC-HEADER>0001428124-09-000002.hdr.sgml : 20090723
<ACCEPTANCE-DATETIME>20090723105726
ACCESSION NUMBER:		0001428124-09-000002
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090723
DATE AS OF CHANGE:		20090723
EFFECTIVENESS DATE:		20090723

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INSPIRATION BIOPHARMACEUTICALS INC
		CENTRAL INDEX KEY:			0001428124
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-115176
		FILM NUMBER:		09958496

	BUSINESS ADDRESS:	
		STREET 1:		28202 CABOT ROAD
		STREET 2:		SUITE 300
		CITY:			LAGUNA NIGUEL
		STATE:			CA
		ZIP:			92677
		BUSINESS PHONE:		888-808-0896

	MAIL ADDRESS:	
		STREET 1:		28202 CABOT ROAD
		STREET 2:		SUITE 300
		CITY:			LAGUNA NIGUEL
		STATE:			CA
		ZIP:			92677
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001428124</cik>
        <entityName>INSPIRATION BIOPHARMACEUTICALS INC</entityName>
        <issuerAddress>
            <street1>28202 CABOT ROAD</street1>
            <street2>SUITE 300</street2>
            <city>LAGUNA NIGUEL</city>
            <stateOrCountry>CA</stateOrCountry>
            <zipCode>92677</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>888-808-0896</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>The Christmas Consortium, LLC</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2006</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>R.</middleName>
                <lastName>Taylor</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>45 East 89th Street Apt. 40E</street1>
                <street2></street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10128</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Scott</firstName>
                <middleName>D.</middleName>
                <lastName>Martin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5621 Tupper Lake Drive</street1>
                <street2></street2>
                <city>Houston</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>77056</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>J.</middleName>
                <lastName>Griffith</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>28761 via Buena Vista</street1>
                <street2></street2>
                <city>San Juan Capistrano</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92675</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Lynne</firstName>
                <middleName>R.</middleName>
                <lastName>Rollins</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>34 Emerald Glen</street1>
                <street2></street2>
                <city>Laguna Niguel</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92677</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Barry</firstName>
                <middleName>R.</middleName>
                <lastName>Frankel</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>11 West 42nd Street, 3rd Floor</street1>
                <street2></street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName>R.</middleName>
                <lastName>Evans-Freke</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Wessex House</street1>
                <street2>45 Reid Street, 4th Floor</street2>
                <city>Hamilton, HM 12</city>
                <stateOrCountry>D0</stateOrCountry>
                <zipCode>00000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Biotechnology</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-07-10</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>22000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>10984600</totalOfferingAmount>
            <totalAmountSold>10984600</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>14</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>840380</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>INSPIRATION BIOPHARMACEUTICALS INC</issuerName>
                <signatureName>Michael J. Griffith</signatureName>
                <nameOfSigner>Michael J. Griffith</nameOfSigner>
                <signatureTitle>President / CEO</signatureTitle>
                <signatureDate>2009-07-23</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----