ANI PHARMACEUTICALS INC — Director's Dealing 2011

Apr 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIOSANTE PHARMACEUTICALS INC (BPAX)
CIK: 0001023024
Period of Report: 2011-03-31

Reporting Person: SULLIVAN LOUIS W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-31	Non-Statutory Stock Option (right to buy)	$1.98	A	25000	Acquired	2021-03-30	Common Stock (25000)	Direct
2011-03-31	Non-Statutory Stock Option (right to buy)	$1.98	A	10000	Acquired	2021-03-30	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37898	Direct