EXHIBIT 23.2

            CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Board of Directors
   Applied NeuroSolutions, Inc.:

We consent to the  incorporation by reference in the  registration  statement on
Form S-8 (No. 333-121399) of Applied NeuroSolutions,  Inc. and subsidiaries (the
Company)  (a company in the  development  stage) of our report  dated  March 12,
2004,  with  respect to the  consolidated  balance  sheets of the  Company as of
December  31,  2003  and  2002,  and  the  related  consolidated  statements  of
operations,  stockholders'  equity /  (deficit),  and cash flows for each of the
years in the three year period  ended  December 31, 2003 and for the period from
March 14, 1992 (date of  inception)  through  December  31,  2003,  which report
appears in the December 31, 2004 annual report on Form 10-KSB of the Company.

                                                              /s/ KPMG LLP

Chicago, Illinois
March 23, 2005

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SIGNATURE PAGE

      In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
has duly  caused  this  report  to be signed  on its  behalf by the  undersigned
thereunto duly authorized.

                                           APPLIED NEUROSOLUTIONS, INC.

Dated: March 18, 2005
                                           By: /s/ DAVID ELLISON
                                           Chief Financial Officer
                                           (Principal Financial
                                           and Accounting Officer)


      In  accordance  with the Exchange  Act, this report has been signed by the
following persons on behalf of the registrant in the capacities and on the dates
indicated.

March 18, 2005                    By: /s/ John F. DeBernardis
                                     ------------------------------
                                         John F. DeBernardis
                                         President, Chief Executive Officer
                                         & Director
                                         (Principal Executive Officer)

March 18, 2005                    By: /s/ David Ellison
                                     ------------------------------
                                         David Ellison
                                         Chief Financial Officer
                                         (Principal Financial and
                                          Accounting Officer)

March 18, 2005                    By: /s/ Bruce N. Barron
                                     ------------------------------
                                         Bruce N. Barron
                                         Chairman & Director


March 18, 2005                    By: /s/ Preston Tsao
                                     ------------------------------
                                         Preston Tsao
                                          Director

March 18, 2005                    By: /s/ Richard Stone
                                      -----------------------------
                                         Richard Stone
                                         Director

March 18, 2005                    By: /s/ Michael Sorell
                                      -----------------------------
                                         Michael Sorell
                                         Director