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WATSON PHARMACEUTICALS ANNOUNCES FILING FOR PUBLIC OFFERING OF 2,000,000 SHARES OF COMMON STOCK

 CORONA, Calif., Oct. 18 /PRNewswire/ -- Watson Pharmaceuticals, Inc. (NASDAQ: WATS) today announced the filing of a Registration Statement with the Securities and Exchange Commission relating to a proposed public offering of 2,000,000 shares of common stock. The company will offer 765,000 shares while an additional 1,235,000 shares will be offered on behalf of certain stockholders of the Company. The offering is being made by Bear, Stearns & Co. Inc., Donaldson, Lufkin & Jenrette Securities Corp. and Furman Selz Inc.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities laws of any such state. A copy of the preliminary prospectus relating to the offering may be obtained from the underwriters.
 Watson Pharmaceuticals is engaged in the manufacture and sale of off- patent medications and the development of advanced drug delivery systems primarily designed to enhance the therapeutic benefits of pharmaceutical compounds.
 -0- 10/18/93
 /CONTACT: Doug Sherk or Stu Brunet, 415-296-7383, or Lisa Carlton or Jill Moskowitz, 212-850-5600, all of Morgen-Walke for Watson Pharmaceuticals/
 (WATS)


CO: Watson Pharmaceuticals Inc. ST: California IN: MTC SU: OFR

TM-BR -- SF017 -- 3579 10/18/93 16:45 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
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