FORM 12b-25

Notification of Late Filing Form 10-QSB for the Period Ended
September 30, 1996

PART I - REGISTRANT INFORMATION

Quadrax Corporation
300 High Point Avenue
Portsmouth, RI 02871

PART II - RULES 12b-25(b) and (c)

(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;

(b) The subject quarterly report on Form 10-QSB will be filed on or
before the fifth calendar day following the prescribed due
date.

(c) Not Applicable

Part III - NARRATIVE

Additional time is required to finalize preparation of the
Form 10-QSB because of issues that have arisen in the finalization of the
report.

PART IV - OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to
this notification

Edward A. Stoltenberg   (401) 683-6600

(2)  Have all other periodic reports required under Section 13 or
     15(d) of the Securities Exchange Act of 1934 or Section 30 of
     the Investment Company Act 1940 during the preceding 12 months
     period that the registrant was required to file such reports
     been filed?
           (X) Yes   ( ) No

(3)  Is it anticipated that any significant change in reults of
     operations from the corresponding period for the last fiscal
     year will be reflected by the earnings statementsto be
     included in the subject report?

           ( ) Yes   (X) No


Quadrax Corporation has caused this notification to be signed on
its behalf by the undersigned hereunto duly authorized.


Date  November 13, 1996



By    /S/ James J. Palermo
          James J. Palermo, Chief Executive Officer