PHARMACEUTICAL FORMULATIONS INC
8-K, 2000-12-21
PHARMACEUTICAL PREPARATIONS
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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): December 20, 2000

Pharmaceutical Formulations, Inc.
(Exact Name of Registrant as Specified in Charter)

Delaware
(State or Other Jurisdiction
of Incorporation)

0-11274
(Commission
File Number)

22-2367644
(IRS Employer
Identification No.)


460 Plainfield Avenue, Edison, New Jersey 08818
(Address of Principal Executive Offices, including Zip Code)

Registrant's telephone number, including area code: 732-985-7100


N.A.
(Former Name or Former Address, if Changed Since Last Report)

Item 5   Other Events

          The Company did not make the December 15, 2000 interest payment due under its 8% Convertible Subordinated Debentures Due 2002. It is the Company’s intention to make such payments within the 30 day period allowed before such nonpayment would become an event of default under the debenture indenture.

SIGNATURES

          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.

PHARMACEUTICAL FORMULATIONS, INC.


By:   /s/ R. Bradley Conner                               
        Name:  R. Bradley Conner
        Title:  Vice President
                   Chief Financial Officer

Dated: December 20, 2000



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