Held last November 21, 2001, a total of 8 teams participated in this competition. Leading the pack, University of Santo Tomas came with 6 teams, representing the Colleges of Pharmacy, Arts and Science, and Rehabilitation Science. They were joined by two other teams representing Ateneo de Manila University and the University of the East.

After a grueling elimination round, it soon became a battle between the UST Colleges as the top five to make it the next round all came from the oldest school in the Philippines. 

The final round was equally as exciting. At the end of the round, University of Santo Tomas College of Pharmacy eventually reigned supreme by not only capturing the Championship, but by being able the third slot as well. UST College of Rehabilitation Science was able to grab the second place honors.

Acting as judges for this year's competition were Dr. Karl de Dios, Dr. Neil Carpio and Dr. Myles Santiago.