Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Snabes Michael C
 2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2010		 3. Issuer Name and Ticker or Trading Symbol
BIOSANTE PHARMACEUTICALS INC [BPAX]
(Last)
(First)
(Middle)
111 BARCLAY BOULEVARD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP of Clinical Affairs
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LINCOLNSHIRE, IL 60069		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 0
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   (1) 03/19/2017 Common Stock 50,000 $ 4.43 D  
Employee Stock Option (right to buy)   (2) 04/13/2018 Common Stock 100,000 $ 4.09 D  
Employee Stock Option (right to buy)   (3) 02/01/2019 Common Stock 50,000 $ 1.51 D  
Employee Stock Option (right to buy)   (4) 02/01/2020 Common Stock 25,000 $ 1.54 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Snabes Michael C
111 BARCLAY BOULEVARD
LINCOLNSHIRE, IL 60069		       Sr. VP of Clinical Affairs  

Signatures

/s/ Michael C. Snabes, M.D., Ph.D. 09/01/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option has fully vested.
(2) This option vests with respect to 33,334 shares on April 14, 2009 and with respect to 33,333 shares on each of April 14, 2010 and April 14, 2011.
(3) This option vests with respect to 16,667 shares on each of February 2, 2010 and February 2, 2011 and with respect to 16,666 shares on February 2, 2012.
(4) This option vests with respect to 8,333 shares on each of February 2, 2011 and February 2, 2012 and with respect to 8,334 shares on February 2, 2013.

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