UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



        Date of report (Date of earliest event reported) January 28, 2004


                          Bone Care International, Inc.

             (Exact Name of Registrant as Specified in Its Charter)


Wisconsin                                0-27854               39-1527471

(State or Other Jurisdiction           (Commission             (IRS Employer
of Incorporation)                      File Number)          Identification No.)


1600 Aspen Commons, Suite 300
Middleton, Wisconsin                                                 53719
(Address of Principal Executive Offices)                           (Zip Code)

                                 (608) 662-7800
              (Registrant's Telephone number, including area code)


                                       N/A

          (Former Name or Former Address, if Changed Since Last Report)





ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

(c)  Exhibits:

99.1     Press Release issued by the Company.

ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

         On January 28, 2004 the Company issued a press release reporting its
second quarter fiscal year 2004 financial results, a copy of which is filed
Exhibit 99.1.







                                   SIGNATURES

                  Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has fully cased this report to be signed on its behalf by
the undersigned, thereunto duly authorized.



                                                   BONE CARE INTERNATIONAL, INC.



Date:  January 28, 2004                            By: /s/ Brian J. Hayden
                                                      --------------------------
                                                      Brian J. Hayden
                                                      VP Finance









                                  EXHIBIT INDEX

                  The following exhibits are filed herewith:

Exhibit No.                Description
-----------                -----------

99.1                       Press Release issued by the Company