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UNITED-GUARDIAN APPOINTS ARTHUR ANDERSEN

 UNITED-GUARDIAN APPOINTS ARTHUR ANDERSEN
 HAUPPAUGE, N.Y., Nov. 4 /PRNewswire/ -- Alfred R. Globus, chairman


and CEO of United-Guardian, Inc. (AMEX: UG) announced that the company has retained Arthur Andersen and Co. as United Guardian's auditors, effective immediately. He also indicated that, because of recent positive developments, the company anticipates an operating profit for the fiscal year ended Dec. 31, 1991.
 United-Guardian, Inc. is a manufacturer of pharmaceuticals, medical devices, healthcare products and cosmetic bases.
 Arthur Andersen & Co. is one of the world's largest international accounting firms.
 -0- 11/4/91
 /CONTACT: Robert S. Rubinger of United-Guardian, 516-273-0900/
 (UG) CO: United-Guardian, Inc. ST: New York IN: SU: SM-OS -- NY016 -- 0611 11/04/91 09:38 EST
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Publication:PR Newswire
Date:Nov 4, 1991
Words:115
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