**Exhibit 31.2****Certification Pursuant to Rule 13a-14(a) of the Exchange Act**  I, Veronica A. Lubatkin, certify that: 1. I have reviewed this quarterly report on Form 10-Q/A of Par Pharmaceutical Companies, Inc.; 2. Based on my knowledge, this quarterly report does not contain any untrue statement of amaterial fact or omit to state a material fact necessary to make the statements made, in lightof the circumstances under which such statements were made, not misleading with respect to theperiod covered by this quarterly report; 3. Based on my knowledge, the financial statements, and other financial information included inthis quarterly report, fairly present in all material respects the financial condition,results of operations and cash flows of the Company as of, and for, the periods presented inthis quarterly report; 4. The Company’s other certifying officer and I are responsible for establishing and maintainingdisclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and15d-15(f)) for the Company and we have: a) designed such disclosure controls and procedures, or caused such disclosure controlsand procedures to be designed under our supervision, to ensure that material informationrelating to the Company, including its consolidated subsidiaries, is made known to us byothers within those entities, particularly during the period in which this quarterly reportis being prepared;  b) designed such internal control over financial reporting, or caused such internalcontrol over financial reporting to be designed under our supervision to provide reasonableassurance regarding the reliability of financial reporting and the preparation of financialstatements for external purposes in accordance with generally accepted accountingprinciples;  c) evaluated the effectiveness of the Company’s disclosure controls and procedures andpresented in this report our conclusions about the effectiveness of the disclosure controlsand procedures, as of the end of the period covered by this report, based on suchevaluation; and  d) disclosed in this report any change in the Company’s internal control over financialreporting that occurred during the Company’s most recent fiscal quarter that has materiallyaffected, or is reasonably likely to materially affect the Company’s internal control overfinancial reporting; and5. The Company’s other certifying officer and I have disclosed, based on our most recentevaluation of internal control over financial reporting, to the Company’s auditors and theaudit committee of the Company’s board of directors: a) all significant deficiencies and material weaknesses in the design or operation ofinternal controls over financial reporting which are reasonably likely to adversely affectthe Company’s ability to record, process, summarize and report financial information; and  b) any fraud, whether or not material, that involves management or other employees whohave a significant role in the Company’s internal control over financial reporting.        Date: July 10, 2007 /s/ Veronica A. Lubatkin   Veronica A. Lubatkin   Executive Vice President and Chief Financial Officer