================================================================================

                                  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):  November 14, 2005



                               LIFEWAY FOODS, INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         ILLINOIS                       0-17363                  36-3442829
--------------------------------------------------------------------------------
(State or other jurisdiction    (Commission File Number)      (I.R.S. Employer
     of incorporation)                                       Identification No.)


    6431 West Oakton St. Morton Grove, IL                        60053
--------------------------------------------------------------------------------
  (Address of principal executive offices)                     (Zip code)


Registrant's telephone number, including area code:  (847) 967-1010

                                       N/A
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[_] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))
================================================================================


ITEM 7.01         REGULATION FD DISCLOSURE

     On November 14, 2005, Lifeway Foods, Inc., an Illinois corporation (the
"Company") issued a press release. A copy of the press release is attached
hereto as Exhibit 99.1.

ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS
                   
         EXHIBIT NO.       DESCRIPTION OF EXHIBIT
         -----------       ----------------------

         EXHIBIT 99.1      Press release dated November 14, 2005 - "Lifeway 
                           Foods Reports Record Third Quarter, and Nine Months
                           Sales Results."


                                    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.

Dated: November 15, 2005

                                       LIFEWAY FOODS, INC.


                                       By: /s/ Julie Smolyansky
                                       -----------------------------------
                                       Julie Smolyansky
                                       Chief Executive Officer, President,
                                       and Director