-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UyJ5BQEmoJfH8gGpPPMkIw/Du3LvcFcVKSiACfqPT03t0RqyjeRIYDt5as+c3QSG
 0TqjIHCFNuXbeoAgRx08Hw==

<SEC-DOCUMENT>0000929638-06-000166.txt : 20060418
<SEC-HEADER>0000929638-06-000166.hdr.sgml : 20060418
<ACCEPTANCE-DATETIME>20060418143453
ACCESSION NUMBER:		0000929638-06-000166
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041029
FILED AS OF DATE:		20060418
DATE AS OF CHANGE:		20060418

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			QUANTRX BIOMEDICAL CORP
		CENTRAL INDEX KEY:			0000820608
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				330202574
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		321 NORRISTOWN ROAD
		STREET 2:		SUITE 230
		CITY:			AMBLER
		STATE:			PA
		ZIP:			19002
		BUSINESS PHONE:		2155404206

	MAIL ADDRESS:	
		STREET 1:		321 NORRISTOWN ROAD
		STREET 2:		SUITE 230
		CITY:			AMBLER
		STATE:			PA
		ZIP:			19002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AFEM MEDICAL CORP
		DATE OF NAME CHANGE:	19970722

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	XTRAMEDICS INC /NV/
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Mark Capital LLC
		CENTRAL INDEX KEY:			0001349042
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17119
		FILM NUMBER:		06764489

	BUSINESS ADDRESS:	
		STREET 1:		5173 SEAGROVE PLACE
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
		BUSINESS PHONE:		858-350-4565

	MAIL ADDRESS:	
		STREET 1:		5173 SEAGROVE PLACE
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LEVINE EVAN
		CENTRAL INDEX KEY:			0001199838

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17119
		FILM NUMBER:		06764490

	BUSINESS ADDRESS:	
		STREET 1:		300 FELTON DR
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
		BUSINESS PHONE:		6505660323
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>markcap3apr06_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-10-29</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000820608</issuerCik>
        <issuerName>QUANTRX BIOMEDICAL CORP</issuerName>
        <issuerTradingSymbol>QTXB.PK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001199838</rptOwnerCik>
            <rptOwnerName>LEVINE EVAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5173 SEAGROVE PLACE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN DIEGO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92130</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001349042</rptOwnerCik>
            <rptOwnerName>Mark Capital LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5173 SEAGROVE PLACE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN DIEGO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92130</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4783229</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Warrant to Purchase Series A Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.92</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-10-29</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-08-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>130000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnote</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Warrant to Purchase Series A Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.25</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-10-29</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-08-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnote</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Of these shares, 3,758,009 are held by Mark Capital, LLC (&quot;Mark Capital&quot;), of which Mr. Levine is the sole member, 990,000
 are held by Mr. Levine as custodian for his two children and 35,220 are held by Evan M. Levine Roth IRA, of which Mr. Levine
 is the beneficiary.</footnote>
        <footnote id="F2">The shares of Series A Preferred Stock that are issuable upon exercise of this warrant are convertible without additional
 payment or other consideration into shares of Common Stock of the issuer.  Each share of Series A Preferred Stock is
 convertible into one share of Common Stock.</footnote>
        <footnote id="F3">The shares of Series A Preferred Stock that underlie this warrant may be acquired at the price per share set forth in this
 cell.   See also footnote (2).</footnote>
        <footnote id="F4">This warrant is held of record by Mark Capital.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Evan M. Levine</signatureName>
        <signatureDate>2006-04-18</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Evan M. Levine as managing member of Mark Capital, LLC</signatureName>
        <signatureDate>2006-04-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----