UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 13F

                              FORM 13F Cover Page



            Report for the Calendar Year or Quarter Ended September 30, 2012

Check here if Amendment:           | |; Amendment Number:

This Amendment (Check only one):   | | is a restatement
                                   |_| adds new holding entries.

Institutional Manager Filing this Report:

Name:     Broadwood Capital, Inc.

Address:  724 Fifth Avenue, 9th Floor
          New York, New York 10019


13F File Number: 028-13773

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:   Neal C. Bradsher
Title:  President
Phone:  212-508-5735


Signature, Place and Date of Signing:

  /s/ Neal C. Bradsher           New York, New York          November 13, 2012
-----------------------     --------------------------    ----------------------
     [Signature]                   [City, State]                   [Date]











Report Type: (Check only one):

[X]      13F HOLDINGS REPORT. (Check here if all holdings of this reporting
         manager are reported in this report).

[_]      13F NOTICE. (Check here if no holdings reported are in this report, and
         all holdings are reported by other reporting managers(s).)

[_]      13F COMBINATION REPORT. (Check here if a portion of the holdings for
         this reporting manager are reported in this report and a portion are
         reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager: NONE





                             Form 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:       1

Form 13F Information Table Entry Total:  9

Form 13F Information Table Value Total:  $311,116
                                        (in thousands)


List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

     No.  Form 13F File Number            Name

1.        028-13770                   Broadwood Partners, L.P.

     -------------------------     ---------------------------------------






                                                     FORM 13F INFORMATION TABLE
                                                         September 30, 2012



COLUMN 1                       COLUMN 2         COLUMN 3       COLUMN 4      COLUMN 5      COLUMN 6      COLUMN 7     COLUMN 8

                                TITLE                      VALUE    SHRS OR   SH/ PUT/   INVESTMENT     OTHER      VOTING AUTHORITY
NAME OF ISSUER                OF CLASS            CUSIP    (X1000)  PRN AMT   PRN CALL   DISCRETION     MANGRS    SOLE   SHARED NONE
                                                                                               
ALERE INC                     PERP PFD CONV SE  01449J204  12,729      62,747  SH       Shared-Defined    1        62,747
BIOTIME INC                   COM               09066L105  34,765   8,277,392  SH       Shared-Defined    1     8,277,392
MONSTER BEVERAGE CORP         COM               611740101  88,612   1,639,136  SH       Shared-Defined    1     1,639,136
MONSTER BEVERAGE CORP         COM               611740101  29,306     542,100     PUT   Shared-Defined    1       542,100
PALOMAR MED TECHNOLOGIES INC  COM NEW           697529303  27,207   2,885,178  SH       Shared-Defined    1     2,885,178
QUESTCOR PHARMACEUTICALS INC  COM               74835Y101  66,098   3,578,660  SH       Shared-Defined    1     3,578,660
SOLTA MED INC                 COM               83438K103   3,349   1,066,587  SH       Shared-Defined    1     1,066,587
STAAR SURGICAL CO             COM PAR $0.01     852312305  48,206   6,376,449  SH       Shared-Defined    1     6,376,449
ZEBRA TECHNOLOGIES CORP       CL A              989207105     844      22,500  SH       Shared-Defined    1        22,500






SK 22056 0001 1331788