FORM 3

OMB APPROVAL

OMB NUMBER:  3235-0104

Expires:  January 1, 2005

U.S. 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(f) of the Investment Company Act of 1940

1.  Name and Address of Reporting Person*

    Bioanalytical Systems, Inc.
    (Last)                   (First)                     (Middle)         




    2701 Kent Avenue


    Lafayette                      Indiana                      47906              (City)                      (State)                         (Zip)     
2.  Date of Event
     Requiring Statement
     (Month/Day/Year)

        11/27/02


3.  IRS or Social
     Security Number of
     Reporting Person
     (Voluntary)


4.  Issuer Name and Ticker or Trading Symbol

     PharmaKinetics Laboratories, Inc. 5.  Relationship of Reporting Person to Issuer
         (Check all applicable)

            Director                X  10% Owner

            Officer                       Other
            (give title below)        (Specify below)



6.  Nature of Indirect
     Beneficial Ownership
     (Instr. 5)

7.  Individual or Joint/Group
     Filing (Check Applicable
     Line)

  X   Form filed by One
        Reporting Person

      Form filed by More than
        One Reporting Person

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)

Reminder:  Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1473 (3/91)

FORM 3 (continued)             Table II — Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1.  Title of Derivative Security      (Instr. 4)	2.  Date of Exercisable      and Expiration Date      (Month/Day/Year)     Date           Expiration Exercisable          Date	3.  Title and Amount of Securities      Underlying Derivative Security       (Instr.4)      Title                     Amount or                                   Number                                   of Shares	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)
Secured Convertible Revolving Note	11/27/02           ***	Common Shares           5,835,962	$0.1585	D

Explanation of Responses:

*If form is filed by more than one 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).	/s/  Peter T. Kissinger                  ** Signature of Reporting Person	December 6, 2002         Date
***The Secured Convertible Revolving Note may be converted by Bioanalytical Systems, Inc. ("BAS") into Common Shares of PharmaKinetics Laboratories, Inc. at any time when any balance of principal or interest is outstanding under the Secured Convertible Revolving Note. The entire outstanding balance of principal and interest is due on May 1, 2003, and upon such payment, BAS's right to convert the Secured Convertible Revolving Note into Common Shares of PharmaKinetics Laboratories, Inc. will expire.
Note:  File three copies of this Form, one of which must be manually signed. If space provided is insufficient, See Instruction 6 for procedure		Page 2 SEC 1473 (10-99)