AMENDMENT TO THE SUBSCRIPTION AGREEMENT
JULY 19, 2004
The undersigned, as a signatory to a subscription agreement with
AlphaRx, Inc., executed in conjunction with that certain offering of units,
consisting of one share of AlphaRx's common stock and one warrant for one
additional share of AlphaRx's common stock, for up to $5,000,000 (the
"Agreement") for good and valuable consideration, the adequacy and sufficiency
of which is hereby acknowledged, does hereby agree that the deadline for the
final closing on page 3 of the Agreement is hereby amended from August 15, 2004
to September 30, 2004.
Agreed and Acknowledged, this ____ day of July, 2004 Please Print Name of
Signatory to Subscription Agreement Below:
------------------------------------
By:
---------------------------------
Title:
------------------------------