SECURITIES AND EXCHANGE COMMISSION

                   Washington, D.C.  20549


                         FORM 10-Q/A

     QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE
               SECURITIES EXCHANGE ACT OF 1934

  For Quarter Ended                          June  30, 2001

  Commission file number                     0-10822


                         BICO, INC.
   (Exact name of registrant as specified in its charter)


 Pennsylvania                                 25-1229323
(State of other jurisdiction                 (IRS Employer
 of incorporation or organization)           Identification no.)


  2275 Swallow Hill Road, Bldg. 2500, Pittsburgh, PA      15220
 (Address of principal executive offices)                (Zip Code)

                       (412) 429-0673
     Registrant's telephone number, including area code


     Indicate by check mark whether the registrant (1) has
filed all reports required to be filed by section 13 or
15(d)of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90
days.

                         Yes   X        No


     As of June 30, 2001, 1,644,831,160 shares of BICO, Inc.
common stock, par value $.10 were outstanding.
The text of NOTE J - Subsequent Events in the Company's
NOTES TO FINANCIAL STATEMENTS is amended in its entirety as
follows:

NOTE J - Subsequent Events

In July and August 2001, the Company initially raised
$11,164,000 through the sale of common stock subscriptions.
Subsequently, the Company canceled $1,254,000 in commitments
from investors.  As a result, the Company issued a total of
769,410,099 shares and received total proceeds from the
offering of $9,900,000.

In July, 2001, the Company repaid $6,450,000 in current
notes payable.

In July 2001, $854,606 of subordinated convertible
debentures were converted to 30,867,237 shares of common
stock.



SIGNATURES


          Pursuant to the requirements of the Securities
     Exchange Act of 1934, the registrant has duly caused this
     report to be signed on its behalf by the undersigned
     thereunto duly authorized on this 24th day of October 2001.



                              BICO, INC.

                              By /s/ Fred E. Cooper
                                     Fred E. Cooper
                                     CEO and Director (Principal
                                     Executive Officer)

                              By /s/ Michael P. Thompson
                                     Michael P. Thompson
                                     (Principal Financial
                                      Officer and Principal
                                      Accounting Officer)