FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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 *
Rouhandeh Steven H
   2. Issuer Name and Ticker or Trading Symbol
PLASMATECH BIOPHARMACEUTICALS INC [PTBI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O SCO CAPITAL PARTNERS LLC, 1325 AVENUE OF THE AMERICAS 27TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
12/24/2014
(Street)

NEW YORK, NY 10019		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/24/2014   P(1)   250,000 A $ 4 316,214 I SCO Capital Partners LLC
Common Stock 12/24/2014   C(1)   4,922,102 A $ 4 5,238,316 I SCO Capital Partners LLC
Common Stock 12/24/2014   C(1)   385,725 A $ 4 389,147 I Beach Capital LLC
Common Stock 12/24/2014   C(3)   831,836 A $ 4 6,070,152 I SCO Capital Partners LLC
Common Stock 12/24/2014   C(3)   65,280 A $ 4 454,427 I Beach Capital LLC
Common Stock 12/24/2014   J(2)   4,306,950 A $ 4 10,377,102 I SCO Capital Partners LLC
Common Stock 12/24/2014   J(2)   693,051 A $ 4 1,147,477 I Beach Capital LLC
Common Stock 12/24/2014   J(3)   1,703,362 A $ 4 12,080,463 I SCO Capital Partners LLC
Common Stock 12/24/2014   J(3)   216,718 A $ 4 1,364,195 I Beach Capital LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrants $ 5 12/24/2014   P   250,000   12/24/2014 12/24/2019 Common Stock 250,000 $ 0.01 702,195 I SCO Capital Partners LLC
Series A Cumulative Convertible Preferred Stock $ 4 12/24/2014   C(1)     1,968.8409 12/24/2014 12/24/2014 Common Stock 4,922,102 $ 4 0 I SCO Capital Partners LLC
Series A Cumulative Convertible Preferred Stock $ 4 12/24/2014   C(1)     154.2898 12/24/2014 12/24/2014 Common Stock 385,725 $ 4 0 I Beach Capital LLC
Series B Cumulative Convertible Preferred Stock $ 4 12/24/2014   J(2)     861.3899 12/24/2014 12/24/2014 Common Stock 4,306,950 $ 4 0 I SCO Capital Partners LLC
Series B Cumulative Convertible Preferred Stock $ 4 12/24/2014   J(2)     138.6101 12/24/2014 12/24/2014 Common Stock 693,051 $ 4 0 I Beach Capital LLC

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Rouhandeh Steven H
C/O SCO CAPITAL PARTNERS LLC
1325 AVENUE OF THE AMERICAS 27TH FLOOR
NEW YORK, NY 10019		   X   X    
SCO CAPITAL PARTNERS LLC
1325 AVE OF THE AMERICAS
27TH FL.
NEW YORK, NY 10019		     X    
Beach Capital LLC
1325 AVENUE OF THE AMERICAS
27TH FLOOR
NEW YORK, NY 10019		     X    

Signatures

 /s/ Steven H. Rouhandeh   12/29/2014
**Signature of Reporting Person Date
 /s/ SCO Capital Partners LLC, by Steven H Rouhandeh, Managing Member   12/29/2014
**Signature of Reporting Person Date
 /s/ Beach Cpital LLC, by Steven H. Rouhandeh, Managing MEmber   12/29/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) Series A Cumulative Convertible Preferred Stock was converted by the Company into common stock on 12/24/2014.
(2) Series B Cumulative Convertible Preferred Stock was exchanged for common stock by the company at 12/24/2014.
(3) Series A and Series B Preferred Stock dividends due and interest due on dividends and liquidated damages was converted into common stock by the company on 12/24/2014.

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