1 EXHIBIT 23.2 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation by reference in this registration statement on Form S-8 to register 500,000 shares of Common Stock relating to the 1997 Stock Incentive Plan of our reports dated February 14, 1997 included in NeoTherapeutics, Inc.'s Form 10-K for the year ended December 31, 1996 and to all references to our Firm included in this registration statement. /s/ ARTHUR ANDERSEN LLP --------------------------- Arthur Andersen LLP Orange County, California June 27, 1997