BRIDGEWATER, NJ--(Marketwire - April 14, 2008) - Alpharma Inc. (NYSE: ALO), a global specialty pharmaceutical company, today announced an updated 2008 financial outlook in recognition of the closing of the sale of its Active Pharmaceutical Ingredients (“API”) business on April 1, 2008. The API business will be reported as a discontinued operation. Unaudited statements of operations for the Company’s continuing operations for the three years ended December 31, 2007 are attached to this release.