United States securities and exchange commission logo July 27, 2021 Chris Ehrlich Chief Executive Officer PHOENIX BIOTECH ACQUISITION CORP. 2001 Market Street, Suite 3400 Philadelphia, PA 19103 Re: PHOENIX BIOTECH ACQUISITION CORP. Draft Registration Statement on Form S-1 Submitted July 8, 2021 CIK No. 0001870404 Dear Mr. Ehrlich: This is to advise you that we do not intend to review your registration statement. We request that you publicly file your registration statement and nonpublic draft submissions at least 15 days prior to any road show as that term is defined in Rule 433(h)(4) or, in the absence of a road show, at least 15 days prior to the requested effective date of the registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Timothy Collins at 202-551-3176 with any questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation cc: Mark Rosenstein