Form: 3

Initial statement of beneficial ownership of securities

March 29, 2007

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Eichler David A
2. Date of Event Requiring Statement (Month/Day/Year)
03/27/2007
3. Issuer Name and Ticker or Trading Symbol
eXegenics Inc [EXEG]
(Last)
(First)
(Middle)
625 AVENUE OF THE AMERICAS, 4TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10011
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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
Series C Convertible Preferred Stock   (1)   (1) Common Stock 9,081,500 $ 0 I See Footnote (2)
Warrant (Right to Buy)   (3) 03/27/2017 Common Stock 1,135,188 $ 0.002 I See Footnote (2)
WArrant (Right to Buy)   (3) 03/27/2017 Common Stock 309,737 $ 0.6728 I See Footnote (2)
Warrant (Right to Buy)   (3) 03/27/2017 Common Stock 309,737 $ 0.8473 I See Footnote (2)
Warrant (Right to Buy)   (3) 03/27/2017 Common Stock 309,737 $ 1.0466 I See Footnote (2)
Stock Option (Right to Buy)   (4) 11/08/2014 Common Stock 25,947 $ 0.04 I See Footnote (2)
Stock Option (Right to Buy)   (4) 02/15/2015 Common Stock 103,788 $ 0.04 I See Footnote (2)
Stock Option (Right to Buy)   (5) 02/28/2016 Common Stock 155,682 $ 0.05 I See Footnote (2)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Eichler David A
625 AVENUE OF THE AMERICAS, 4TH FLOOR
NEW YORK, NY 10011
  X      

Signatures

/s/ David A. Eichler 03/29/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares are currently exercisable and do not expire.
(2) As Managing Director of Psilos Group Investors II-S, LLC, the General Partner of Psilos Group Partners II SBIC, L.P.
(3) These warrants are currently exercisable.
(4) These options are fully vested.
(5) 56,218.83 of these options are fully vested. The balance will vest monthly until fully vested in December 2009.
 
Remarks:
All securities described were acquired in a merger transaction between Acuity Pharmaceuticals Inc.  and eXegenics  Inc.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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