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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001104659-05-036859.txt : 20050805
<SEC-HEADER>0001104659-05-036859.hdr.sgml : 20050805
<ACCEPTANCE-DATETIME>20050805160929
ACCESSION NUMBER:		0001104659-05-036859
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050720
FILED AS OF DATE:		20050805
DATE AS OF CHANGE:		20050805

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IPIX CORP
		CENTRAL INDEX KEY:			0001088022
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				522213841
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1009 COMMERCE PARK DR
		STREET 2:		SUITE 400
		CITY:			OAK RIDGE
		STATE:			TN
		ZIP:			37830
		BUSINESS PHONE:		8654823000

	MAIL ADDRESS:	
		STREET 1:		1009 COMMERCE PARK DR
		STREET 2:		SUITE 400
		CITY:			OAK RIDGE
		STATE:			TN
		ZIP:			37830

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNET PICTURES CORP
		DATE OF NAME CHANGE:	20000210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BAMBOO COM INC
		DATE OF NAME CHANGE:	19990604

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Hunt James H Jr
		CENTRAL INDEX KEY:			0001335471

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26363
		FILM NUMBER:		051002927

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(703)241-7777

	MAIL ADDRESS:	
		STREET 1:		1973 MASSACHUSETTS AVENUE
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22101
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>a3.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-07-20</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001088022</issuerCik>
        <issuerName>IPIX CORP</issuerName>
        <issuerTradingSymbol>IPIX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001335471</rptOwnerCik>
            <rptOwnerName>Hunt James H Jr</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1973 MASSACHUSETTS AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MCLEAN</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>22101</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Director Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.93</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-07-20</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>80000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">20,000 options vested on July 20, 2005, and the remaining 60,000 shares will vest in equal installments over the next three years.  Optionee has the right to exercise option shares during the time he serves as a director and for two years following the end of such service.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ James H. Hunt</signatureName>
        <signatureDate>2005-08-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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