EXHIBIT 23.3

                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


                  As independent  public  accountants,  we hereby consent to the
incorporation  by reference in this  registration  statement of our report dated
April 1, 2001 (except for the matters  disclosed in Note 16 as to which the date
is December 10, 2001) included in Pharmaceutical  Resources,  Inc.'s January 14,
2002 Report on Form 8-K and to all  references to our Firm included in or made a
part of this registration statement.


                                        /s/ Luboshitz Kasierer
                                        Luboshitz Kasierer
                                        Member firm of Arthur Andersen

Haifa, Israel
January 25, 2002