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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000806085-96-000183.txt : 19961113
<SEC-HEADER>0000806085-96-000183.hdr.sgml : 19961113
ACCESSION NUMBER:		0000806085-96-000183
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19961112
SROS:			AMEX

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADVANCED THERAPEUTIC SYSTEMS LTD
		CENTRAL INDEX KEY:			0000906425
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-46889
		FILM NUMBER:		96659262

	BUSINESS ADDRESS:	
		STREET 1:		CEDAR HOUSE
		STREET 2:		41 CEDAR AVE
		CITY:			HAMILTON HM EX BERMU
		STATE:			D0
		BUSINESS PHONE:		8092952244

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEHMAN BROTHERS HOLDINGS INC
		CENTRAL INDEX KEY:			0000806085
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				133216325
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		AMERICAN EXPRESS TWR
		STREET 2:		3 WORLD FINANCIAL CNTR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2125267000

	MAIL ADDRESS:	
		STREET 1:		AMERICAN EXPRESS TOWER 15TH FL
		STREET 2:		2 WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN HUTTON HOLDINGS INC
		DATE OF NAME CHANGE:	19901017
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<DESCRIPTION>SCHEDULE 13G AMENDMENT NO. 2
<TEXT>

   
                          Lehman Brothers Holdings Inc.
                       3 World Financial Center, 24th Floor
                                New York, NY 10285


                          OFFICE OF THE GENERAL COUNSEL


                                                      November 12, 1996


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

       Attn:  Document Control--EDGAR

       Re:  SCHEDULE 13G AMENDMENT NO. 2


Dear Commissioner:

     On behalf of Lehman  Brothers  Holdings  Inc.  (the  "Reporting  Person"),
submitted in  electronic  form for filing,  is an Amendment No. 2 to a Schedule
13G relating to the Reporting Person's ownership of Advanced Therapeutic Systems
Ltd.

     If you have any questions  regarding  this filing,  please  contact the
undersigned at (212) 526-1911.


                                                      Very truly yours,


                                                      /s/ Karen C. Manson
                                                      -------------------
                                                      Karen C. Manson
                                                      Vice President
                                                      Secretary

Enclosure

cc:      Advanced Therapeutic Systems Ltd.
         American Stock Exchange

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