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      8-K</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PURSUANT
      TO SECTION&#160;13 OR 15(d) OF THE</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      EXCHANGE ACT OF 1934</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
      of
      report (Date of earliest event reported): &#160;July 7, 2006</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman, serif"><strong>Cellegy
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                Byberry Road, Bldg 13</strong></font></div>
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            <td valign="top" width="49%">
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      name or Former Address, if Changed Since Last Report.)</font></div>
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      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions (see General Instruction A.2. below):</font></div>
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                communications pursuant to Rule 425 under the Securities Act (17
                CFR
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                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
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            <td align="left" valign="bottom" width="4%">
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      8.01&#160;&#160;&#160;&#160;&#160;&#160; Other Events</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      July
      10, 2006, Cellegy Pharmaceuticals, Inc. issued a press release announcing that
      it received late afternoon on Friday, July 7, 2006 a communication from the
      U.S.
      Food and Drug Administration in the form of an Approvable Letter for its
      product, Cellegesic</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup>&#174;</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      (nitroglycerin ointment). The letter stated, however, that before the company&#8217;s
      New Drug Application (&#8220;NDA&#8221;) may be approved and the product approved for
      marketing, Cellegy must conduct another clinical trial to demonstrate efficacy
      at a level deemed statistically significant by the agency. The letter indicated
      that the agency was requiring an additional study because it believed the
      results of the three trials conducted to date did not provide substantial
      evidence that the drug is effective, and provided a number of comments on the
      results previously presented by Cellegy and recommendations concerning the
      design and protocol of the additional required study. Cellegesic, for reduction
      of pain associated with anal fissures, was the subject of an FDA Not Approvable
      letter in December 2004. An amended NDA, containing new analyses, was
      resubmitted to the FDA in April 2005, which resulted in a review by the FDA&#8217;s
      Cardio-Renal Advisory Committee on April 25, 2006. As previously reported,
      the
      Advisory Committee&#8217;s final vote was six members of the Committee for &#8220;Approval&#8221;
of Cellegesic and six for &#8220;Approvable pending another study of effectiveness.&#8221;
There were no votes for &#8220;Not Approvable.&#8221; Cellegesic has been under review at
      the FDA since then. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      the
      press release, Richard C. Williams, Cellegy&#8217;s Chairman and Interim Chief
      Executive Officer, stated, &#8220;We believe that we achieved the requirements for
      Cellegesic to be approved. The FDA reached a different conclusion that the
      product was approvable, but requires another trial to demonstrate efficacy.
      We
      are carefully considering all of our options and will be scheduling a meeting
      with the FDA.&#8221; </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A
      copy of
      the Company&#8217;s press release relating to the transaction is attached as Exhibit
      99.1.</font><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      9.01&#160;&#160;&#160;&#160;&#160;&#160; </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Financial
      Statements and Exhibits.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
      Exhibits</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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                </strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Number</strong></font></div>
            </td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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                of Exhibit</strong></font></div>
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          <tr>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
            <td align="left" valign="bottom" width="2%">
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                Release dated July 10, 2006</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 27pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.</font></div>
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            <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
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                PHARMACEUTICALS, INC.</strong></font></div>
            </td>
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            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">Date:
              July 10, 2006</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;Robert
              J.
              Caso</font></td>
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                J .Caso</font></div>
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                President, Finance and Chief Financial Officer</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Duly
                  Authorized
                  Officer)</font></div>
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{"company-data": {"conformed-name": "CELLEGY PHARMACEUTICALS INC", "cik": "0000887247", "assigned-sic": "2834", "irs-number": "820429727", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26372", "film-number": "06952609"}, "business-address": {"street1": "1800 BYBERRY ROAD, BLDG. #13", "city": "HUNTINGDON VALLEY", "state": "PA", "zip": "19006", "phone": "2159140900"}, "mail-address": {"street1": "1800 BYBERRY ROAD, BLDG. #13", "city": "HUNTINGDON VALLEY", "state": "PA", "zip": "19006"}}
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):  July 7, 2006
Cellegy
      Pharmaceuticals, Inc.
(Exact
      Name of Registrant as Specified in Charter)
Delaware
0-26372
82-0429727
(State
                or other jurisdiction
of
                incorporation)
(Commission
                File Number)
(IRS
                Employer
Identification
                No.)
1800
                Byberry Road, Bldg 13
Huntingdon
                Valley, Pa
19006
(Address
                of Principal Executive Offices)
(Zip
                Code)
Registrant's
      telephone number, including area code:
(215)
      914-0900
Same
(Former
      name or Former Address, if Changed Since Last Report.)
Check
      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions (see General Instruction A.2. below):
o
Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)
o
Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a-12)
o
Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act (17
                CFR
                240.14d-2(b))
o
Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act (17
                CFR
                240.13e-4(c))
Item
      8.01       Other Events
On
      July
      10, 2006, Cellegy Pharmaceuticals, Inc. issued a press release announcing that
      it received late afternoon on Friday, July 7, 2006 a communication from the
      U.S.
      Food and Drug Administration in the form of an Approvable Letter for its
      product, Cellegesic
®
(nitroglycerin ointment). The letter stated, however, that before the company's
      New Drug Application ("NDA") may be approved and the product approved for
      marketing, Cellegy must conduct another clinical trial to demonstrate efficacy
      at a level deemed statistically significant by the agency. The letter indicated
      that the agency was requiring an additional study because it believed the
      results of the three trials conducted to date did not provide substantial
      evidence that the drug is effective, and provided a number of comments on the
      results previously presented by Cellegy and recommendations concerning the
      design and protocol of the additional required study. Cellegesic, for reduction
      of pain associated with anal fissures, was the subject of an FDA Not Approvable
      letter in December 2004. An amended NDA, containing new analyses, was
      resubmitted to the FDA in April 2005, which resulted in a review by the FDA's
      Cardio-Renal Advisory Committee on April 25, 2006. As previously reported,
      the
      Advisory Committee's final vote was six members of the Committee for "Approval"
of Cellegesic and six for "Approvable pending another study of effectiveness."
There were no votes for "Not Approvable." Cellegesic has been under review at
      the FDA since then.
In
      the
      press release, Richard C. Williams, Cellegy's Chairman and Interim Chief
      Executive Officer, stated, "We believe that we achieved the requirements for
      Cellegesic to be approved. The FDA reached a different conclusion that the
      product was approvable, but requires another trial to demonstrate efficacy.
      We
      are carefully considering all of our options and will be scheduling a meeting
      with the FDA."
A
      copy of
      the Company's press release relating to the transaction is attached as Exhibit
      99.1.
Item
      9.01
Financial
      Statements and Exhibits.
(c)
      Exhibits
Exhibit
Number
Description
                of Exhibit
99.1
Press
                Release dated July 10, 2006
SIGNATURE
Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned hereunto
      duly authorized.
CELLEGY
                PHARMACEUTICALS, INC.
Date:
              July 10, 2006
By:
/s/ Robert
              J.
              Caso
Robert
                J .Caso
Vice
                President, Finance and Chief Financial Officer
(Duly
                  Authorized
                  Officer)