Form 4 BioScrip, Inc. For: Nov 02 Filed by: FRIEDMAN RICHARD H (10K)

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

1. Name and Address of Reporting Person^*

FRIEDMAN RICHARD H

(Last)

(First)

(Middle)

100 CLEARBROOK ROAD

(Street)

ELMSFORD

10523

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BioScrip, Inc. [BIOS]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chairman of the Board and CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2009

4. If Amendment, Date of 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

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.0001 Par Value	11/02/2009		M		33,333	A	$ 3.46	1,082,412	D
Common Stock, $.0001 Par Value	11/02/2009		S		53,000	D	$ 7.706 ⁽¹⁾	1,029,412	D
Common Stock, $.0001 Par Value	11/03/2009		S		600	D	$ 8	1,028,812	D
Common Stock, $.0001 Par Value	11/04/2009		S		4,400	D	$ 8.0002 ⁽²⁾	1,024,412	D
Common Stock, $.0001 Par Value								10,000	I	By Shares Held By Ltd Partnership ⁽³⁾

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 3.46

11/02/2009

33,333

01/02/2008⁽⁴⁾

01/02/2017

Common Stock, $.0001 Par Value

33,333

$ 0

66,667

Employee Stock Option (Right to Buy)

$ 12.2

11/28/2002⁽⁵⁾

11/28/2011

Common Stock, $.0001 Par Value

200,000

Employee Stock Option (Right to Buy)

$ 17.8

01/02/2003⁽⁵⁾

01/02/2012

Common Stock, $.0001 Par Value

200,000

Employee Stock Option (Right to Buy)

$ 5.8

01/02/2004⁽⁵⁾

01/02/2013

Common Stock, $.0001 Par Value

200,000

Employee Stock Option (Right to Buy)

$ 7.03

01/02/2005⁽⁵⁾

01/02/2014

Common Stock, $.0001 Par Value

200,000

Employee Stock Option (Right to Buy)

$ 6.36

01/03/2006⁽⁵⁾

01/03/2015

Common Stock, $.0001 Par Value

200,000

Employee Stock Option (Right to Buy)

$ 7.54

01/03/2007⁽⁵⁾

01/03/2016

Common Stock, $.0001 Par Value

200,000

Employee Stock Option (Right to Buy)

$ 7.7

01/02/2009⁽⁴⁾

01/02/2018

Common Stock, $.0001 Par Value

130,000

Employee Stock Option (Right to Buy)

$ 7.7

01/02/2009⁽⁴⁾

01/02/2018

Common Stock, $.0001 Par Value

70,000

Option To Purchase Common Stock

$ 6.52

04/29/2009⁽⁴⁾

04/29/2018

Common Stock, $.0001 Par Value

112,500

Option To Purchase Common Stock

$ 2.73

04/28/2010⁽⁴⁾

04/28/2019

Common Stock, $.0001 Par Value

150,000

Explanation of Responses:

1. Shares were sold at various prices between $7.53 and $7.88 per share. The reporting person undertakes to provide (upon request by the SEC staff, the issuer, or a security holder of the issuer) full information regarding the number of shares purchased or sold at each separate price.

2. Shares were sold at various prices between $8.00 and $8.01 per share. The reporting person undertakes to provide (upon request by the SEC staff, the issuer, or a security holder of the issuer) full information regarding the number of shares purchased or sold at each separate price.

3. Shares of Common Stock are owned by the Richard Friedman Family Limited Partnership, of which Mr. Friedman is a general and limited partner. Mr. Friedman has shared voting and dispositive power with respect to these shares of Common Stock.

4. Vests and becomes exercisable in three equal annual installments commencing on the first anniversary of the date of grant.

5. Fully Vested

	/s/ Richard H. Friedman	11/04/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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