SECURITIES AND EXCHANGE COMMISSION


                             WASHINGTON, D.C. 20549


                                    FORM 8-K
                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


                                 October 7, 1997
                Date of Report (Date of earliest event reported)





                        ALLIED HEALTHCARE PRODUCTS, INC.
             (Exact name of registrant as specified in its charter)


                                    DELAWARE
                 (State or other jurisdiction of incorporation)


             0-19266                                           23-1370721
(Commission File Number)                 (I.R.S. Employment Identification No.)


          1720 SUBLETTE AVENUE                                      63110
          ST. LOUIS, MISSOURI                                     (Zip Code)
(Address of principal executive offices)


                                 (314) 771-2400
              (Registrant's telephone number, including area code)








ITEM 5. OTHER EVENTS


On October 7, 1997, Allied Healthcare  Products,  Inc. (the "Company") announced
that it had entered into a definitive agreement with Thermo Electron Corporation
to sell  substantially  all of the assets of Bear Medical Systems,  Inc. and its
subsidiary BiCore Monitoring Systems, Inc. for $37.5 million.  Completion of the
transaction is subject to a number of conditions,  including clearance under the
Hart-Scott-Rodino  Act. A copy of the press release announcing such agreement is
attached hereto as an exhibit, and incorporated herein by reference thereto.


ITEM 7. EXHIBITS


            (a)    Press Release of the Company dated October  7, 1997.



                                    SIGNATURE


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 hereunto duly authorized.


                                         ALLIED HEALTHCARE PRODUCTS, INC.




Date:  October 16, 1997           By:    /S/ BARRY F. BAKER
                                       -----------------------------------------
                                       Barry F. Baker
                                       Vice President - Finance and
                                       Chief Financial Officer



                                INDEX TO EXHIBITS

a)      Press Release of the Company dated October  7, 1997.