On July 2, Pernix Therapeutics Holdings, Inc. (the "Company") issued a press release announcing that it entered into a definitive agreement to acquire Great Southern Laboratories, a privately-held pharmaceutical contract manufacturing company located in Houston, Texas. Under the terms of the agreement, Pernix will pay approximately $4.9 million to acquire substantially all of the assets of Great Southern Laboratories and assume certain liabilities. The assets include buildings and land located in Houston. Pernix anticipates completing this transaction in July 2012. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

(d) Exhibits.

Exhibit
Number     Description

  99.1     Press release by Pernix Therapeutics Holdings, Inc. dated July 2, 2012.