FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * SCHALLER CHARLES R   2. Issuer Name and Ticker or Trading Symbol MEDAREX INC [MEDX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 8 BONNEYSHORE LANDING 3. Date of Earliest Transaction (Month/Day/Year) 07/26/2005 (Street) SPRING ISLAND, SC 29910 4. If Amendment, Date Original Filed(Month/Day/Year) 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 Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, $.01 par value per share               49,874 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options (Right to Buy)

$ 2.25

09/05/1997

A

80,000

03/05/1998

09/04/2007

Common Stock

80,000

$ 0

80,000

D

Stock Options (Right to Buy)

$ 45.2

10/13/2000

A

46,000

04/13/2001

10/12/2010

Common Stock

46,000

$ 0

46,000

D

Stock Options (Right to Buy)

$ 7.4795

07/23/2002

A

14,000

01/23/2003

07/22/2012

Common Stock

14,000

$ 0

14,000

D

Stock Options (Right to Buy)

$ 5.59

07/24/2003

A

14,000

01/24/2004

07/23/2013

Common Stock

14,000

$ 0

14,000

D

Stock Options (Right to Buy)

$ 4.885

08/11/2004

A

18,000

02/11/2005

08/10/2014

Common Stock

18,000

$ 0

18,000

D

Stock Options (Right to Buy)

$ 9.835

07/26/2005

A

18,000

01/26/2006

07/25/2015

Common Stock

18,000

$ 0

18,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SCHALLER CHARLES R 8 BONNEYSHORE LANDING SPRING ISLAND, SC 29910	X

Signatures

CHARLES R. SCHALLER		07/27/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).

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