EXHIBIT 21 ---------- Pharmaceutical Resources, Inc. ------------------------------ List of Subsidiaries -------------------- - -------------------------------------------------------------------------------- PERCENTAGE OF VOTING SECURITIES JURISDICTION OF OWNED BY ITS ENTITY ORGANIZATION IMMEDIATE PARENT - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Par Pharmaceutical, Inc. New Jersey 100% - -------------------------------------------------------------------------------- PRX Pharmaceuticals, Inc. Delaware 100% - -------------------------------------------------------------------------------- PRI-Research, Inc. Delaware 100% - -------------------------------------------------------------------------------- Par Pharma Group, Ltd. Delaware 100% - -------------------------------------------------------------------------------- Nutriceutical Resources, Inc. New York 100% - -------------------------------------------------------------------------------- ParCare Ltd. New York 100% - -------------------------------------------------------------------------------- Quad Pharmaceuticals Inc. Indiana 100% - -------------------------------------------------------------------------------- Israel Pharmaceutical Resources LP Israel 99% - -------------------------------------------------------------------------------- HighRapids, Inc. Delaware 60% - --------------------------------------------------------------------------------