Via Facsimile and U.S. Mail Mail Stop 03-09 November 23, 2004 Ms. Maria S. Messinger Vice President, Chief Financial Officer and Corporate Secretary Cortex Pharmaceuticals, Inc. 15241 Barranca Parkway Irvine, CA 92618 Re:	Cortex Pharmaceuticals, Inc. Form 8-K filed November 10, 2004 File No. 001-16467 Dear Ms. Messigner: We have reviewed your filing and have the following comments. Where indicated, we think you should revise your document in response to these comments. If you disagree, we will consider your explanation as to why our comment is inapplicable or a revision is unnecessary. Please be as detailed as necessary in your explanation. In some of our comments, we may ask you to provide us with supplemental information so we may better understand your disclosure. After reviewing this information, we may or may not raise additional comments. 	Please understand that the purpose of our review process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comments or on any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. 1. We noted that the former accountant was dismissed effective following the filing of your Form 10-Q for September 30, 2004, which appears to have been filed on November 15, 2004. As the effectiveness of the dismissal would appear to have occurred after you determined, on November 4, 2004, to dismiss the former accountant, please revise your filing to: a. State the specific date that the former accountant was ultimately dismissed, as required by Item 304(a)(1)(i) of Regulation S-K. b. Update the disclosures required by Item 304(a)(1)(iv) and (v) through that date. c. File a letter from the former accountant addressing the revised disclosures. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filings reviewed by the staff to be certain that they have provided all information investors require. Since the company and its management are in possession of all facts relating to a company`s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. In connection with responding to our comments, please provide, in writing, a statement from the company acknowledging that * the company is responsible for the adequacy and accuracy of the disclosure in the filing; * staff comments or changes to disclosure in response to staff comments in the filings reviewed by the staff do not foreclose the Commission from taking any action with respect to the filing; and * the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. In addition, please be advised that the Division of Enforcement has access to all information you provide to the staff of the Division of Corporation Finance in our review of your filing or in response to our comments on your filing. Please file your supplemental response and amendment via EDGAR in response to these comments within 5 business days of the date of this letter. Please note that if you require longer than 5 business days to respond, you should contact the staff immediately to request additional time. Direct any questions regarding the above to me at (202) 942-2902. 							Sincerely, 							Oscar M. Young, Jr. 							Senior Accountant Ms. Maria S. Messinger Cortex Pharmaceuticals, Inc. Page 1