UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   ___________

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



Date of Report (Date of earliest event reported)                   May 2, 2006
- --------------------------------------------------------------------------------



                           ENZON PHARMACEUTICALS, INC.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)



  Delaware                            0-12957                    22-2372868
- --------------------------------------------------------------------------------
(State or other jurisdiction  (Commission File No.)   (IRS Identification No.)
of incorporation)


- --------------------------------------------------------------------------------
        685 Route 202/206, Bridgewater, New Jersey         08807
- --------------------------------------------------------------------------------
   (Address of principal executive offices)            (Zip Code)



Registrant's telephone number, including area code              (908) 541-8600
- --------------------------------------------------------------------------------



- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
- --------------------------------------------------------------------------------

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[    ] Written  communication  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[    ]  Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[    ]  Pre-commencement  communication  pursuant  to Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b)

[    ]  Pre-commencement  communication  pursuant  to Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))






Item 2.02 Results of Operations and Financial Condition.

On May 2, 2006,  Enzon  Pharmaceuticals,  Inc.  ("Enzon") issued a press release
reporting certain financial and other information for the first quarter of 2006.
A copy of Enzon's  press  release dated May 2, 2006, is attached as Exhibit 99.1
to this Current Report and is incorporated by reference into this Item 2.02.

The  information in this Item 2.02,  including  Exhibit 99.1, is being furnished
and  shall not be  deemed  to be  "filed"  for  purposes  of  Section  18 of the
Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the
liability  of  that  Section,  nor  shall  such  information  be  deemed  to  be
incorporated  by reference  into any  registration  statement or other  document
filed under the Securities Act of 1933 or the Exchange Act,  except as otherwise
stated in that filing.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit No.   Description

99.1          Press Release of Enzon Pharmaceuticals, Inc. dated May 2, 2006.





                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated:  May 2, 2006


                           By: /s/ PAUL S. DAVIT
                               Paul S. Davit
                               Executive Vice President and Secretary