ALFACELL CORP
4, 1996-04-10
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
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<PAGE>

FORM 4 
                                U.S. SECURITIES AND EXCHANGE COMMISSION
                                        WASHINGTON, D.C. 20549
                          STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

<square>Check this box if no longer
subject to Section 16. Form 4    Filed pursuant to Section 16(a) of the
or Form 5 obligations          Securities Act of 1934, Section 17(a) of the
may continue.                  Public Utility Holding Company Act of 1935 
                        or Section 30(f) of the Investment Company Act of 1940
See Instruction 1(b).

<TABLE>
<CAPTION>
1. Name and Address of Reporting Person         2. Issuer Name and Ticker or Trading Symbol   6.  Relationship of Reporting Person
                                                                                              to Issuer
HENRY,                       ROBERT   R.              ALFACELL CORPORATION (ACEL)             (Check all applicable)
                                                                                                 ___X____ Director        ______
                                                                                              10% Owner
<S>                                             <C>        <C>   <C> <C>      <C>    <C>      <C>           <C>         <C>
(Last)              (First)           (Middle)  3. IRS or Social     4. Statement for            ________ Officer         _______
                                                Security Number of      Month/Year               Other
LINNFIELDS FARM, ROUTE 202                      Reporting Person                                 (give title below)
                                                (Voluntary)                MARCH 1996         (specify below)


                   (Street)                                          5. If Amendment,
                                                                        Date of Original
FAR HILLS,             NJ            07931                           (Month/Year)
(City)              (State)              (Zip)
                                                TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security                            2. Trans-  3. Trans- 4. Securities Acquired   5. Amount of  6. Owner-   7. Nature
   (Instr. 3)                                      action     action    (A) or Disposed of       Securities    ship        of In-
                                                   Date       Code      (D)                      Beneficially  Form:       direct
                                                   (Month/  (Instr.     (Instr. 3, 4 and 5)      Owned at      (D) or      Bene-
                                                Day/       8)                                    End of        Indirect    ficial
                                                Year)                                            Month         (I)         Owner-
                                                                                                 (Instr. 3     (Instr.     ship
                                                                                              and 4)        4)             (Instr.
                                                                                                                        4)
                                                           Code   V   Amount  (A) or Price
                                                                                (D)
















</TABLE>

Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
                                               (Over)













<PAGE>

FORM 4 (CONTINUED)

TABLE II - DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., puts, calls, warrants,
options, convertible securities)

<TABLE>
<CAPTION>
1. Title of Derivative    2.Conver3.Trans-4.Transac-5.Number of6.Date     7.Title and Amount of   8.Price9.Number10.       11.  Na-
Security                    sion    action tion  Deriv-        ExercisableUnderlying Securities     of    of       Owner-    ture
   (Instr. 3)               or      Date   Code  ative         and        (Instr. 3 and 4)          Deriv-Deriv-   ship       of
                            Exercise(Month/Day/(Instr.SecuritiesExpiration                          ative ative     Form     In-
                            Price   Year)8)      Ac-           Date                                 Secur-Secur-    of De-
                            of                   quired (A)    (Month/Day/                          ity   ities              direct
                            Deriv-               or Disposed   Year)                                (Instr.Bene-   rivative   Bene-
                            ative                of (D)                                             5)    ficially  Secur-
                          Security               (Instr. 3,                                               Owned     ity:     ficial
                                               4, and 5)                                                  at End    (D) or    Own-
                                                                                                          of        Indi-
                                                                                                          Month     rect   ership
                                                                                                          (Instr.  (I)     (Instr.
                                                                                                          4)               4)
                                                                                                                 (Instr.
                                                                                                                 4)
<S>                       <C>     <C>    <C><C><C>       <C> <C>   <C>    <C>              <C>    <C>   <C>      <C>       <C>
                                         CodeV     (A)   (D) Date  Expira-       Title     Amount
                                                             Exer- tion                    or
                                                             cisableDate                   Number
                                                                                           of
                                                                                           Shares

Stock Option+ (Right to  $4.66 12/31/95          15,000       ++   12/31/01 Common Stock               15,000    D       ----
buy)                                     A  V                                              15,000 $4.66








</TABLE>

  Explanation of Responses:


  +    Granted under the Company's 1993 Stock Option Plan, a Rule 16b-3 Plan.
 ++    The option shall become exercisable on December 30, 1996; provided that
       the reporting person serves continuously on the Company's board of
       directors until such time.




** Intentional misstatements or omissions of facts constitute Federal Criminal
   Violations .
                                           /S/ ROBERT R. HENRY    03/20/96
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).  **Signature of Reporting Person
                                                                    Date

Note:  File three copies of this Form, one of which must be manually signed.
   If space provided is insufficient, SEE Instruction 6 for procedure.
                                                      SEC 1474 (8-92)














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