<TABLE>
<CAPTION>
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FORM 4 OMB APPROVAL
U.S. SECURITIES AND EXCHANGE COMMISSION -------------------------
[ ] Check this box if no longer Washington, D.C. 20549 OMB Number:
subject to Section 16, Form 4 Expires:
or Form 5 obligations may Estimated average burden
continue. See Instruction 1(b). hours per response... 0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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<S> <C> <C> <C> <C> <C> <C>
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer
- --------------------------------------- (Check all applicable)
Harvey Wm. Glasser CISTRON BIOTECHNOLOGY, INC. (CIST) ___ Director _X_ 10% Owner
1020 Vallejo Street ---------------------------------------------
San Francisco, CA 94133 3. IRS or SS# of 4. Statement for ___ Officer (give ___ Other (specify
Reporting Person Month/Year title below)
(Voluntary) July, 1999 below)
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5. If Amendment, Date of Original
(Month/Year)
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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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
(Instr. (Instr. 3, 4 and 5) Owned at Direct Bene-
(Month/ 8) End of (D) or ficial
Day/ ------------------------------------- Month Indirect Owner-
Year) Code V Amount (A) or Price (Instr. 3 (I) ship
(D) and 4) (Instr. 4) (Instr. 4)
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COMMON STOCK 7/9/99 S 5,058,406 D $.2274 186,500 D
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FORM 4 (continued)
<TABLE>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<CAPTION>
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1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of Deriv-
(Instr.3) sion or action action ative Securities
Exercise Date Code Acquired (A) or
Price of (Instr.8) Disposed of (D)
Deriv- (Month/ (Instr. 3, 4, and 5)
ative Day/
Security Year)
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Code V (A) (D)
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<S> <C> <C> <C> <C>
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</TABLE>
<TABLE>
<CAPTION>
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6. Date Exer- 7. Title and Amount of Under- 8. Price 9. Number of 10. Ownership 11. Nature
cisable and Ex- lying Securities of Derivative Form of of
piration Date (Instr. 3 and 4) Deriv- Securities Derivative Indirect
(Month/Day/ ative Benefi- Security: Bene-
Year) Secur- cially Direct ficial
- ---------------------------------------------------------- ity Owned at (D) or Owner-
Date Expira- Amount or (Instr. End of Indirect ship
Exer- tion Number of 5) Month (I) (Instr. 4)
cisable Date Title Shares (Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C>
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<FN>
Explanation of Responses:
/s/ Harvey Wm. Glasser 07/27/99
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**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
</FN>
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