SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


                Date of Report (Date of Earliest Event Reported)

                                March 9, 2005



                                  CORTECH, INC.
             (Exact name of registrant as specified in its charter)


                                    DELAWARE
         (State of other jurisdiction of incorporation or organization)


        1-7986                                       84-0894091
(Commission File Number)               (I.R.S. Employer Identification Number)

            376 Main Street
              P.O. Box 74
        Bedminster, New Jersey                                 07921
(Address of principal executive offices)                    (Zip Code)


               Registrant's telephone number, including area code
                                 (908)234-1881






Item 5.02.      Departure of Directors or Principal Officers; Election of
----------      ---------------------------------------------------------
                Directors; Appointment of Principal Officers
                --------------------------------------------

 (b)      On March 9, 2005, Sheri Perge Stettner notified the Board of Directors
     of the  Company  that she would not  stand for  reelection  to the Board of
     Directors at the Company's Annual Meeting of Stockholders to be held on May
     17, 2005. Ms. Perge Stettner  serves as the Chairman of the Audit Committee
     of the Board of Directors and the Chairman of the Compensation Committee of
     the Board of  Directors.  Ms. Perge  Stettner's  decision is not due to any
     disagreement  with  the  Company  or  concerns  relating  to the  Company's
     operations, policies or practices.











                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




Date: March 14, 2005                         By   /s/ Sue Ann Merrill
                                                  -----------------------------
                                                  Sue Ann Merrill
                                                  Chief Financial Officer