================================================================================

                                  UNITED STATES
                       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

       Date of Report (Date of earliest event reported): January 18, 2006

                                   ----------

                                  MEDICOR LTD.
             (Exact name of Registrant as Specified in its Charter)

            Delaware                   000-50442               14-1871462
        (State or Other               (Commission             (IRS Employer
 Jurisdiction of Incorporation)       File Number)         Identification No.)

          4560 South Decatur Boulevard, Suite 300, Las Vegas, NV 89103
                    (Address of Principal Executive Offices)

                                 (702) 932-4560
              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting materials pursuant to Rule 14a-12 under the Exchange
     Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

================================================================================



ITEM 8.01   OTHER EVENTS

MediCor Ltd. (the "Company") issued a press release on January 18, 2006. The
press release announced that the Company has extended the close of the
acquisition of Biosil Limited and Nagor Limited to the second quarter of 2006. A
copy of the press release is attached hereto as Exhibit 99.1 and incorporated
herein by reference.

ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS

    (d)   Exhibits

EXHIBIT NO.                               DESCRIPTION
- -----------    -----------------------------------------------------------------
99.1           Copy of press release issued by the Company on January 18, 2006



                                   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.

                                             MEDICOR, LTD.


                                             By:    /s/ Theodore R Maloney
                                                    ----------------------------
                                             Name:  Theodore R. Maloney
                                             Title: Chief Executive Officer

Dated: January 18, 2006