SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
Notification of Late Filing
Commission File Number O-1437
(Check one): ( ) Form 10-K ( ) Form 11-K ( ) Form 20-F
(X) Form 10-Q ( ) Form N-SAR
For period ended March 31, 1996
( ) Transition Report on Form 10-K
( ) Transition Report on Form 20-F
( ) Transition Report on Form 11-K
( ) Transition Report on Form 10-Q
( ) Transition Report on Form N-SAR
For the transition period ended
Nothing in this form shall be construed to imply that
the Commission has verified any information contained herein.
If the notification relates to a portion of the filing
checked above, identify the item(s) to which the notification
relates:
PART I
REGISTRANT INFORMATION
Full name of registrant HALSEY DRUG CO., INC.
Former name if applicable
1827 Pacific Street
Address of principal executive office (Street and Number)
City, State and Zip Code Brooklyn, New York 11233
PART II
RULE 12B-25(B) AND (C)
If the subject report could not be filed
without unreasonable effort or expense and the registrant seeks
relief pursuant to Rule 12b-25(b), the following should be
completed. (Check where appropriate.)
( ) (a) The reasons described in reasonable detail in
Part III ofthis form could not be eliminated without unreasonable
effort or expense;
(X) (b) The subject annual report, semi-annual
report,transition report on Form 10-K, 20-F, 11-K or Form N-SAR,
or portion thereof will be filed on or before the 15th calendar
day following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, or portion, thereof
will be filed on or before the fifth calendar day following the
prescribed due date, and
( ) (c) The accountant's statement or other
exhibitrequired by Rule 12b-25(c) has been attached if
applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why
Form 10-K, 11-K, 20-F, 10-Q, N-SAR or the transition report
portion thereof could not be filed within the prescribed time
period. (Attach extra sheets if needed.)
Financial information from subsidiaries will
not be received in sufficient time.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact
inregard to this notification.
ROSENDO FERRAN (718) 467-7500
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required
under Section 13 or 15(d) or the Securities Exchange Act of 1934
or Section 30 of the Investment Company Act of 1940 during the
preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the
answer is no, identify report(s).
(X) Yes ( ) No
(3) Is it anticipated that any significant change
in results of operations from the corresponding period for the
last fiscal year will be reflected by the earnings statements to
be included in the subject report or portion thereof?
( ) Yes (X) No
If so, attach an explanation of the anticipated
change,both narratively and quantitatively, and, if appropriate,
state the reasons why a reasonable estimate of the results cannot
be made.
HALSEY DRUG CO., INC.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date May 15, 1996 By /s/ Rosendo Ferran
Rosendo Ferran, President and Chief
Executive Officer