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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Rfg5XsrGZfxo3AZatxRFW675Xk8Df7a46tw4Z8hFCciHbrJkPsm2SCTcDGsoY01S
 7fjpY7T/t6ByehupMFZ+rQ==

<SEC-DOCUMENT>0001181431-03-024694.txt : 20030929
<SEC-HEADER>0001181431-03-024694.hdr.sgml : 20030929
<ACCEPTANCE-DATETIME>20030929184207
ACCESSION NUMBER:		0001181431-03-024694
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030918
FILED AS OF DATE:		20030929

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ROBLE DANIEL T
		CENTRAL INDEX KEY:			0001252297

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23776
		FILM NUMBER:		03916068

	MAIL ADDRESS:	
		STREET 1:		338 N ST
		CITY:			MEDFIELD
		STATE:			MA
		ZIP:			02052

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POINT THERAPEUTICS INC
		CENTRAL INDEX KEY:			0000919745
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				043216862
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		125 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6179332130

	MAIL ADDRESS:	
		STREET 1:		125 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HMSR INC
		DATE OF NAME CHANGE:	20010618

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEMASURE INC
		DATE OF NAME CHANGE:	19940315
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd19352.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-09-18</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000919745</issuerCik>
        <issuerName>POINT THERAPEUTICS INC</issuerName>
        <issuerTradingSymbol>POTB.OB</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001252297</rptOwnerCik>
            <rptOwnerName>ROBLE DANIEL T</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ROPES &amp; GRAY</rptOwnerStreet1>
            <rptOwnerStreet2>ONE INTERNATIONAL PLACE</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>02110</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Stock Options</value></securityTitle><conversionOrExercisePrice><value>3.45</value></conversionOrExercisePrice><transactionDate><value>2003-09-18</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>30000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><footnoteId id="F1"/></exerciseDate><expirationDate><value>2013-09-17</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecu
rityShares><value>30000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>70808</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Exercisable 50% on the date of the grant and an additional 50% as of the first anniversary of the date of grant.</footnote></footnotes><ownerSignature><signatureName>/s/ Michael P Duffy, Attorney-in-Fact</signatureName><signatureDate>2003-09-29</signatureDate></ownerSignature></ownershipDocument>



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