EXHIBIT 23.1 Consent of Holtz Rubenstein & Co., LLP Exhibit 23.1 Consent of Independent Auditors We hereby consent to the incorporation by reference into the Registration Statement on Form S-8 (Registration No. 0-10909) of Phase III Medical, Inc. of our report dated February 3, 2004 with respect to the consolidated financial statements of Phase III Medical, Inc. appearing in this Annual Report on Form 10-K of Phase III Medical, Inc. for the year ended December 31, 2003. /s/ Holtz Rubenstein & Co., LLP Melville, New York March 30, 2004