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                      SECURITIES AND EXCHANGE COMMISSION
                                      
                            WASHINGTON, D.C. 20549
                                      
                                  FORM 10-Q/A

                               Amendment No. 1
                                      
                                      
      [X]          QUARTERLY REPORT PURSUANT TO SECTION 13
               OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
                                      
                 For the quarterly period ended June 30, 1995
                                      
                                      OR
                                      
      [  ]          TRANSITION REPORT PURSUANT TO SECTION 13
               OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

           For the transition period from __________ to __________
                                      
                         Commission File NO. 0-15242
                                      
                        DURAMED PHARMACEUTICALS, INC.
                                      
                      State of Incorporation - Delaware
                                      
                       IRS Employer I.D. No. 11-2590026
                                      
                            7155 East Kemper Road
                                      
                            Cincinnati, Ohio 45249
                                      
                                (513) 731-9900
                                      
                                      
Indicate by checkmark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days.

              YES    X                                NO 
                  ------                                 ------

Common Stock, $.01 par value per share:

Shares Outstanding as of June 30, 1995                8,046,743




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