-----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,
 ISaub6ExaVG/eq751Z2DOqd/1LpEa1oMdfpShedjcrXJ1ujKyS+GtyVJIuEppccd
 /FnfLBM3Bo9HI1ejqu4mMA==

<SEC-DOCUMENT>0001271176-03-000002.txt : 20031126
<SEC-HEADER>0001271176-03-000002.hdr.sgml : 20031126
<ACCEPTANCE-DATETIME>20031126094840
ACCESSION NUMBER:		0001271176-03-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031120
FILED AS OF DATE:		20031126

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INNOVEX INC
		CENTRAL INDEX KEY:			0000050601
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COMPONENTS, NEC [3679]
		IRS NUMBER:				411223933
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		5540 PIONEER CREEK DRIVE
		CITY:			MAPLE PLAIN
		STATE:			MN
		ZIP:			55359-9003
		BUSINESS PHONE:		7634795300

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DAUENHAUER TERRY
		CENTRAL INDEX KEY:			0001271176
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-13143
		FILM NUMBER:		031024678

	BUSINESS ADDRESS:	
		STREET 1:		5540 PIONEER CREEK DRIVE
		CITY:			MAPLE PLAIN
		STATE:			MN
		ZIP:			55359-9003
		BUSINESS PHONE:		7634795335

	MAIL ADDRESS:	
		STREET 1:		5540 PIONEER CREEK DRIVE
		CITY:			MAPLE PLAIN
		STATE:			MN
		ZIP:			55359-9003
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2003-11-20</periodOfReport>


    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000050601</issuerCik>
        <issuerName>INNOVEX INC</issuerName>
        <issuerTradingSymbol>INVX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001271176</rptOwnerCik>
            <rptOwnerName>DAUENHAUER TERRY</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5540 PIONEER CREEK DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MAPLE PLAIN</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55359-9003</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Senior Vice President &amp; COO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>

        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>15000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>

    </nonDerivativeTable>

    <derivativeTable>

        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8.9</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-11-20</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-11-20</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>

    </derivativeTable>



    <ownerSignature>
        <signatureName>Terry Dauenhauer</signatureName>
        <signatureDate>2003-11-26</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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