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

                                    FORM 8-K

                                 CURRENT REPORT


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

Date of Report (Date of earliest event reported): August 20, 2004



                              LANNETT COMPANY, INC.
             (Exact Name of Registrant as Specified in Its Charter)

        Delaware                        0-9036            23-0787-699
--------------------------------      -----------       ------------------
State or other Jurisdiction           Commission        I.R.S. Employer
of Incorporation or Organization      File Number       Identification No.



                     9000 State Road, Philadelphia, PA 19136
               ---------------------------------------------------
               Address of Principal Executive Offices and Zip Code


       Registrant's telephone number, including area code: (215) 333-9000




ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION


         On August 20, 2004, the Company announced its results of operations for
the quarter ended and fiscal year ended June 30, 2004, as set forth in the press
release, a copy of which is included as Exhibit 99.1 hereto. This information
shall not be deemed "filed" for purposes of Section 18 of the Securities and
Exchange Act of 1934, as amended, and is not incorporated by reference into any
filing of the Company, whether made before or after the date of this report,
regardless of any general incorporation language in the filing.


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c)      Exhibits
99.1     August 20, 2004 Press Release









                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.


                               LANNETT COMPANY, INC

                               By: /s/ Larry Dalesandro
                                       Chief Financial Officer

Date:  August 23, 2004









                                  EXHIBIT INDEX


Exhibit:    Description:

99.1        August 20, 2004 Press Release