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                                                                      EXHIBIT 24

                                POWER OF ATTORNEY

         We, the undersigned directors of Duramed Pharmaceuticals, Inc., hereby
appoint E. Thomas Arington and Timothy J. Holt, or either of them, our true and
lawful attorneys and agents, to do any and all acts and things in our name and
on our behalf in our capacities indicated below, which said attorneys and
agents, or each of them, may deem necessary or advisable to enable said
corporation to comply with the Securities Act of 1933, as amended, and any
rules, regulations, and requirements of the Securities and Exchange Commission,
in connection with a Registration Statement on Form S-3 relating to the
registration of shares of the Common Stock of the corporation to be offered by
the selling shareholder named in the Registration Statement, including, without
limitation, power and authority to sign for us, or any of us, in our names in
the capacities indicated below, such Registration Statement as well as any and
all amendments (including post-effective amendments) thereto, and we hereby
ratify and confirm all that said attorneys and agents, or each of them, shall do
or cause to be done by virtue hereof.

         Pursuant to the requirements of the Securities Act of 1933, this Power
of Attorney has been signed below by the following persons in the capacities
indicated as of the 22nd day of November, 1999.

Signatures                                Title
- ----------                                -----


/s/ E. Thomas Arington                    Director
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E. Thomas Arington


/s/ Jeffrey T. Arington                   Director
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Jeffrey T. Arington


/s/ George W. Baughman                    Director
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George W. Baughman


/s/ Richard R. Frankovic                  Director
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Richard R. Frankovic


                                          Director
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Peter R. Seaver


                                          Director
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S. Sundararaman