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ALLIANCE PHARMACEUTICALS CORP. ANNOUNCES REGISTRATION STATEMENT EFFECTIVE

 ALLIANCE PHARMACEUTICALS CORP.
 ANNOUNCES REGISTRATION STATEMENT EFFECTIVE
 SAN DIEGO, Dec. 3 /PRNewswire/ -- Alliance Pharmaceutical Corp. (NASDAQ: ALLP) announced the effectiveness of a registration statement covering 636,140 shares of its common stock which may be offered by certain shareholders and warrantholders of the company, including Oppenheimer & Co. Inc. or its employees and institutional participants in a 1988 private placement. The shares may be offered by the selling shareholders for their own account at any time and from time to time in the over-the-counter market or otherwise in private sales at prices to be negotiated.
 Alliance is a leader in the development of proprietary pharmaceutical products based upon perfluorocarbon and emulsion technologies. The company is headquartered in San Diego and is establishing a manufacturing plant at its Otisville, N.Y., facility.
 -0- 12/3/91
 /CONTACT: Stuart Gauld of Alliance Pharmaceuticals Corp., 619-558-4300/
 (ALLP) CO: Alliance Pharmaceuticals Corp. ST: California IN: MTC SU:


CH -- SD003 -- 8795 12/03/91 13:27 EST
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Publication:PR Newswire
Date:Dec 3, 1991
Words:161
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