SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* BROADWOOD PARTNERS LP (Last) (First) (Middle) C/O BROADWOOD CAPITAL INC. 724 FIFTH AVENUE, 9TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 12/29/2005	3. Issuer Name and Ticker or Trading Symbol BIOTIME INC [ BTIM ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year) 01/09/2006
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	1,868,170	D(1)
Common Shares	0	I	See Footnote(2)
Common Shares	37,358	D(3)(4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants	04/09/2003	04/01/2006	Common Shares	33,333	1.5	D(1)
Warrants	04/09/2003	04/01/2006	Common Shares	0	1.5	I	See Footnote(2)
Warrants	01/24/2004	10/31/2010(5)	Common Shares	1,641	2	D(3)(4)
Warrants	01/26/2004	10/31/2010(5)	Common Stock	3,909	2	D(3)(4)
Warrants	12/29/2005	10/31/2010	Common Shares	1,377,393	2	D(1)
Warrants	12/29/2005	10/31/2010	Common Shares	0	2	I	See Footnote(2)

1. Name and Address of Reporting Person* BROADWOOD PARTNERS LP (Last) (First) (Middle) C/O BROADWOOD CAPITAL INC. 724 FIFTH AVENUE, 9TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)

1. Name and Address of Reporting Person* BROADWOOD CAPITAL INC (Last) (First) (Middle) 724 FIFTH AVENUE, 9TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)

1. Name and Address of Reporting Person* BRADSHER NEAL C (Last) (First) (Middle) C/O BROADWOOD CAPITAL, INC. 724 FIFTH AVENUE, 9TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)

Explanation of Responses:

1. These securities are owned by Broadwood Partners, L.P., which is a Reporting Person.

2. The reported securities are directly owned by Broadwood Partners, L.P. and may be deemed beneficially owned by Broadwood Capital, Inc. as General Partner of Broadwood Partners, L.P. and Neal C. Bradsher as President of Broadwood Capital, Inc. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

3. These securities are owned by Neal C. Bradsher, who is a Reporting Person.

4. The Form 3/A filed on 1/12/2006, erroneously lists Neal Bradsher's beneficial ownership as being solely common shares rather than a combination of shares and warrants to purchase common shares.

5. The original expiration date of these warrants was 1/14/2007 but, as disclosed by the issuer in a press release dated 10/27/2005, the expiration date has been extended to 10/31/2010.

	Broadwood Partners, L.P., By: Broadwood Capital, Inc., By: /s/ Neal C. Bradsher, President	02/10/2009
	Broadwood Capital, Inc., By: /s/ Neal C. Bradsher, President	02/10/2009
	/s/ Neal C. Bradsher	02/10/2009
	** Signature of Reporting Person	Date
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