Amendment dated July 19th, 2005 to the Agreement dated March 29, 2005 regarding Protocol Number 03-CoFactor, for Services provided by Pharm-Olam International Ltd. to Adventrx

Exhibit 10.11

Amendment dated July 19^th, 2005 to the Agreement dated March 29, 2005 regarding Protocol Number 03-CoFactor, for Services provided by Pharm-Olam International Ltd. to Adventrx

     In compliance with Section 25.3 of the Agreement, both Adventrx Pharmaceuticals, Inc., and Pharm-Olam International Ltd., agree that the following provisions are binding amendments to that Agreement:

     Section 4.9. As part of its monitoring duties outlined in Schedule 2 to this Agreement, Pharm-Olam will visit each clinical site no less than once a month. Pharm-Olam’s reporting regarding the monitoring visit shall be provided to Adventrx no later than three weeks from the site visit. Request for payment due Pharm-Olam regarding monitoring visits and associated expenses shall not be made until Adventrx received the above noted reporting.

     Section 6.2. All supporting documentation evidencing payments due under Schedule 3 shall be in English, or shall include an accurate English translation summary, and be attached to requests for payment of invoices.

     Section 6.2.1. Receipts and other documentation evidencing amounts due from Adventrx as outlined in the ‘Estimated Pass Through Costs” table in Schedule 3 must be submitted to Adventrx within 75 days of occurrence of the cost eligible for payment.

SIGNED by /s/ Xxxx Xxxxx

For and on behalf of Pharm-Olam International Ltd., in the presence of:

Witness: Xxxxx Xxxxxxxx [print]

Signature: /s/ Xxxxx Xxxxxxxx

Name: Xxxxx Xxxxxxxx

Occupation: Executive Administrator

Address: 000 X. Xxx Xxxxxxx Xxxx.
Xxxxx 000
Xxxxxxx, XX 00000

SIGNED by /s/ Xxxxxx Xxxxxxxxx

For and on behalf of Adventrx Pharmaceuticals, Inc.,

in the presence of:

Witness: Xxxx Xxxxxx [print]

Signature: /s/ Xxxx Xxxxxx

Name: Xxxx Xxxxxx

Occupation: Office Manager

Address: 0000 Xxxx Xxxxx Xx #000
Xxx Xxxxx, XX 00000