[ARTICLE] 5
                                                Exhibit 99.1


 2 Quaker Road, P.O. Box 2900       N E W S   R E L E A S E
 Pomona, NY 10970
 914-362-1100

 CONTACT: Charles M. Mayr,  914-348-8050


 Barr Laboratories Declares 3 for 2 Stock Split

 Pomona, New York, February 21, 1996...Barr Laboratories, Inc.
 (AMEX-BRL) today announced that its Board of Directors has
 approved a 3 for 2 stock split effected in the form of a 50%
 stock dividend.  Approximately 4.7 million additional shares
 of common stock will be distributed to shareholders of record
 as of March 4, 1996.  Fractional share amounts resulting from
 the split will be paid to shareholders in cash.  The Company
 set the distribution date for March 25, 1996. 

 "The stock split reflects our optimism in the future prospects
 of the Company," said Bruce L. Downey, Chairman, President and
 Chief Executive Officer.  "By splitting the stock, we reward
 our shareholders with a broader stake in Barr's potential
 success, while simultaneously lowering the stock price to a
 range that should encourage additional investment by current
 and potential shareholders.  This action will increase the
 overall number of shares available for trading, thereby
 enhancing liquidity for the individual investor." 

 Barr Laboratories, Inc. is a leading independent developer,
 manufacturer and marketer of high quality generic
 pharmaceuticals.

 [EDITOR'S ADVISORY:  Barr Laboratories, Inc. news releases are
 available free of charge through PR Newswire's News On-Call
 fax service.  For a menu of Barr's previous releases, or to
 receive a specific release via fax call :  800-758-5804 --
 ext. 089750, or use the Internet via
 http://www.prnewswire.com/cnoc/exec/menu?089750.]

 #  #  #