SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 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):
                                  July 29, 2003

                            PHASE III MEDICAL, INC.
                            -----------------------
             (Exact name of registrant as specified in its charter)

                                    Delaware
                                    --------
                 (State or other jurisdiction of incorporation)

                  0-10909                                    22-2343568
           ----------------------------------------------------------------
           Commission File Number                           IRS Employer
                                                         Identification No.

330 SOUTH SERVICE ROAD, SUITE 120, Melville, New York           11747
- --------------------------------------------------------------------------------
     (Address of principal executive offices)                 (Zip Code)

                                  631-574-4955
                                  ------------
                          Registrant's Telephone Number

                           CORNICHE GROUP INCORPORATED
                           ---------------------------
         (Former name or former address, if changed since last report.)


ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE Phase III Medical, Inc. (formerly Corniche Group Incorporated) (the "Company") issued the press release annexed hereto announcing its new stock symbols reflecting its new corporate name. * * * * * This Report contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent management's judgment regarding future events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements due to a number of factors. These factors include the risk that the Company will be unable to raise capital, to enter successfully or exploit opportunities in the biotech or medical business, to have appropriate personnel, or the risks inherent in any new business venture or those detailed in the Company's other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise the information contained in this Report whether as a result of new information, future events or circumstances or otherwise. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press Release -2-

SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PHASE III MEDICAL, INC. By: /s/ Mark Weinreb ----------------------- Mark Weinreb President Dated: July 29, 2003 -3-

                                                                    Exhibit 99.1

                PHASE III MEDICAL, INC. (formerly CORNICHE GROUP)
                           ANNOUNCES NEW STOCK SYMBOLS

Melville,  NY, July 29, 2003. Phase III Medical,  Inc.  (formerly Corniche Group
Incorporated (OTCBB: CNGI)) today announced its new stock symbols reflecting its
new corporate name. The new ticker symbol for the Common Stock will be PHSM. The
name change and new symbol will become effective on the OTC BB at the opening of
business tomorrow,  July 30. In addition, the new ticker symbol for the Series A
preferred stock will be PHSMP.

Last week, the Company  announced the change of its corporate name to "Phase III
Medical,  Inc." following  approval at its Annual Meeting of  Shareholders.  The
Company has been  focusing  on  entering  the  medical  sector by  acquiring  or
participating  in one or more biotech and/or medical  companies or technologies,
owning one or more drugs or medical devices,  or acquiring rights to one or more
of such drugs or medical devices or the royalties therefrom.

                                    * * * * *

This  Release  contains  forward-looking  statements  made  pursuant to the safe
harbor provisions of the Private Securities  Litigation Reform Act of 1995, such
as the Company's ability to enter the medical sector or acquire any companies or
technologies.   Forward-looking   statements  represent   management's  judgment
regarding  future events.  Although  management  believes that the  expectations
reflected in such  statements  are  reasonable,  it gives no assurance that such
expectations  will  prove to be  correct  and you  should be aware  that  actual
results  could differ  materially  from those  contained in the  forward-looking
statements due to a number of factors.  These factors include the risks detailed
in the Company's Annual Report on Form 10-K for the year ended December 31, 2002
and other reports filed with the Securities and Exchange Commission.

For further information please contact:

Mark Weinreb, CEO at 631.574.4955