UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT

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


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       Date of Report (Date of earliest event reported): December 24, 2003

                            IMPAX LABORATORIES, INC.
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             (Exact name of Registrant as specified in its charter)

            Delaware                  0-27354            65-0403311
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(State or other jurisdiction of     (Commission       (I.R.S. Employer
incorporation or organization)      File Number)   Identification Number)

                              30381 Huntwood Avenue
                                Hayward, CA 94544
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          (Address of principal executive offices, including zip code)


       Registrant's telephone number, including area code: (510) 476-2000

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Item 9.  Regulation FD Disclosure

         On December 24, 2003, Impax Laboratories, Inc. issued a press release
announcing the U.S. Food and Drug Administration (FDA) has granted tentative
approval to the Company's Abbreviated New Drug Application (ANDA) for generic
versions of OxyContin(R) (Oxycodone Hydrochloride) Controlled Release Tablets,
10, 20 and 40 mg. A copy of the press release is attached as Exhibit 99.1 and is
incorporated herein by reference.




                                   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.



                                         Impax Laboratories, Inc.

Date: December 24, 2003
                                         By: /s/ Cornel C. Spielger
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                                             Cornel C. Spiegler
                                             Chief Financial Officer