UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 13F

Form 13F COVER PAGE

Report for Calendar Year or Quarter Ended: June 30, 2001

Check here if Amendment [ ]; Amendment Number:


This Amendment (Check only one.):	[	]	is a restatement.




	[	]	adds new holdings entries.

Institutional Investment Manager Filing this Report:


Name:		BB Medtech AG




Address:		Vordergasse 3




		Grafenauweg 4




		Zug, Switzerland CH-6301


Form 13F File Number:		28-6952

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager:


Name:		Dubravka Racnjak








Title:		SIGNING AUTHORITY








Phone:		(41-41) 724-5959

Signature, Place, and Date of Signing:

Zug, Switzerland August 13, 2001

/s/ Dubravka Racnjak

Report Type (Check only one.):


[ ]		13F HOLDINGS REPORT. (Check here if all holdings of this reporting




		manager are reported in this report.)




[ ]		13F NOTICE. (Check here if no holdings reported are in this report,




		and all holdings are reported by other reporting manager(s).)




[X]		13F COMBINATION REPORT. (Check here if a portion of the holdings for




		this reporting manager are reported in this report and a portion are




		reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:

Name

Medcare S.A.

Medsource S.A.

Medgrowth S.A.

Form 13F SUMMARY PAGE

Report Summary:


Number of Other Included Managers:			3




Form 13F Information Table Entry Total:			6




Form 13F Information Table Value Total:			$91,375




			(thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.


No.		Name

1		Medcare S.A




2		Medsource S.A




3		Medgrowth S.A.

BB MEDTECH AG

FORM 13F INFORMATION TABLE



					COLUMN 4:		COLUMN 5:
COLUMN 1:	COLUMN 2:		COLUMN 3:		VALUE		SHRS OR		SH/		PUT/
NAME OF ISSUER	TITLE OF CLASS		CUSIP		(X$1,000)		PRN AMT		PRN		CALL

Baxter International Inc.		Common Stock		071813109	$	5,555		110,000		SH

Durect Corporation		Common Stock		266605104	$	9,286		714,286		SH

Medtronic		Common Stock		585055106	$	5,393		117,210		SH

Mettler Toledo International Inc.		Common Stock		592688105	$	7,015		162,200		SH

Pozen Inc.		Common Stock		73941U102	$	48,100		3,206,685		SH

St. Jude Medical, Inc.		Common Stock		79084910	$	16,026		267,100		SH

COLUMN					$	91,375




TOTALS

COLUMN 6:

COLUMN 8:
VOTING AUTHORITY

COLUMN 1:

INVESTMENT

COLUMN 7:

NAME OF ISSUER

DISCRETION

OTHER MANAGERS

SOLE

SHARED

NONE

Baxter International Inc.

DEFINED

110,000

NONE

Durect Corporation

DEFINED

714,286

NONE

Medtronic

DEFINED

117,210

NONE

Mettler Toledo International Inc.

DEFINED

182,200

NONE

Pozen Inc.

DEFINED

3,206,685

NONE

St. Jude Medical, Inc.

DEFINED

267,100

NONE

BB MEDTECH AG 13F-HR