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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001144204-09-045379.txt : 20090824
<SEC-HEADER>0001144204-09-045379.hdr.sgml : 20090824
<ACCEPTANCE-DATETIME>20090824172340
ACCESSION NUMBER:		0001144204-09-045379
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090824
DATE AS OF CHANGE:		20090824
EFFECTIVENESS DATE:		20090824

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Patient Safety Technologies, Inc
		CENTRAL INDEX KEY:			0000812301
		STANDARD INDUSTRIAL CLASSIFICATION:	ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
		IRS NUMBER:				133419202
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-101404
		FILM NUMBER:		091032221

	BUSINESS ADDRESS:	
		STREET 1:		1800 CENTURY PARK EAST
		STREET 2:		STE. 200
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		(310) 895-7750

	MAIL ADDRESS:	
		STREET 1:		1800 CENTURY PARK EAST
		STREET 2:		STE. 200
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Patient Safety Technologies
		DATE OF NAME CHANGE:	20050406

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Patient Safety Technologies, Inc
		DATE OF NAME CHANGE:	20050406

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN CAPITAL CORP
		DATE OF NAME CHANGE:	19990505
</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>0000812301</cik>
        <entityName>Patient Safety Technologies, Inc</entityName>
        <issuerAddress>
            <street1>43460 Ridge Park Drive, Suite 140</street1>
            <city>Temecula</city>
            <stateOrCountry>CA</stateOrCountry>
            <zipCode>92590</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(951) 587-6201</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>The Franklin Capital Corporation (Delaware)</previousName>
            <previousName>Franklin Capital Corporation</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Steven</firstName>
                <middleName>H.</middleName>
                <lastName>Kane</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>43460 Ridge Park Drive, Suite 140</street1>
                <city>Temecula</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92590</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Howard</firstName>
                <middleName>E.</middleName>
                <lastName>Chase</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>The Hollandbrook Group, LLC</street1>
                <street2>6630 Arozena Lane</street2>
                <city>Carpinteria</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>93013</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName></middleName>
                <lastName>Francis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Catalysis Offshore, Ltd.</street1>
                <street2>2400 Broadway, Suite 220</street2>
                <city>Santa Monica</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>90404</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Louis</firstName>
                <middleName></middleName>
                <lastName>Glazer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>801 Ocean Avenue, #403</street1>
                <city>Santa Monica</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>90403</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Herbert</firstName>
                <middleName></middleName>
                <lastName>Langsam</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5300 Wisteria Drive</street1>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <zipCode>73142</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Wenchen</firstName>
                <middleName></middleName>
                <lastName>Lin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>A Plus International Inc.</street1>
                <street2>5138 Eucalyptus Avenue</street2>
                <city>Chino</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>91710</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Loren</firstName>
                <middleName></middleName>
                <lastName>McFarland</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Santa Barbara Financial Services, LLC</street1>
                <street2>6173 La Goleta Road</street2>
                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>93117</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mary</firstName>
                <middleName></middleName>
                <lastName>Lay</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Patient Safety Technologies, Inc.</street1>
                <street2>43460 Ridge Park Drive, Suite 140</street2>
                <city>Temecula</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92590</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brian</firstName>
                <middleName></middleName>
                <lastName>Stewart</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Patient Safety Technologies, Inc.</street1>
                <street2>43460 Ridge Park Drive, Suite 140</street2>
                <city>Temecula</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92590</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Health Care</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-07-29</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>6020000</totalOfferingAmount>
            <totalAmountSold>4788674</totalAmountSold>
            <totalRemaining>1231326</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>13</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>45</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Patient Safety Technologies, Inc.</issuerName>
                <signatureName>/s/ Mary Lay</signatureName>
                <nameOfSigner>Mary Lay</nameOfSigner>
                <signatureTitle>Interim Chief Financial Officer and Secretary</signatureTitle>
                <signatureDate>2009-08-24</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----