RULE NO. 424(b)(3)
REGISTRATION NO. 333-47359
Prospectus Supplement No.1 dated March 24, 2000
to the Prospectus (the "Prospectus") of
Pharmos Corporation (the "Company")
included in Registration Statement on Form S-3,
Registration No. 333-47359
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The Prospectus under the caption "Selling Security Holders" indicates that
(i) Alan Mark is a selling security holder with respect to 171,052 shares of
Common Stock of the Company (the "Warrant Shares") which underly certain
warrants of the Company ("Warrants"), and (ii) Gemini Capital, L.L.C., is a
selling security holder with respect to 142,500 Warrant Shares. Alan Mark has
transferred 60,000 Warrants to Libertyview Funds L.P. and 48,000 Warrants to CPR
(USA) Inc., and Gemini Capital, L.L.C., has transferred 142,500 Warrants to
Este, L.L.C. The entities listed below are now selling security holders for
purposes of the Prospectus with respect to the respective numbers of Warrant
Shares listed below:
Selling Security Holder Number of Warrant Shares
----------------------- ------------------------
Alan Mark 63,052
Libertyview Funds L.P. 60,000
CPR (USA) Inc. 48,000
Este, L.L.C. 142,500
