PricewaterhouseCoopers

                                                      PricewaterhouseCoopers LLP
                                                                400 Campus Drive
                                                                    P.O. Box 988
                                                          Florham Park, NJ 07932
                                                        Telephone (973) 236-4000
                                                        Facsimile (973) 236-5000


January 26, 2005

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Commissioners:

We have read the  statements  made by Cortech,  Inc. (copy  attached),  which we
understand  will be filed with the  Commission,  purusuant  to Item 4.01 of Form
8-K, as part of the  Company's  Form 8-K report dated January 20, 2005. We agree
with the statements concerning our Firm in such Form 8-K.


Very truly yours,



/s/ PricewaterhouseCoopers LLP
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PricewaterhouseCoopers LLP