SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

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                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported): May 7, 2003


                              UNITED-GUARDIAN, INC.
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               (Exact name of Registrant as Specified in Charter)


          DELAWARE                       1-10526                  11-1719724
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(State or Other Jurisdiction    (Commission File Number)        (IRS Employer
     of Incorporation)                                       Identification No.)


   230 Marcus Boulevard, Hauppauge, New York                        11788
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   (Address of Principal Executive Offices)                       (Zip Code)



Registrant's telephone number, including area code: (631) 273-0900
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                                 Not Applicable
           -----------------------------------------------------------
          (Former name or former address, if changed since last report)


Item 7. Financial Statements and Exhibits.

        (c) Exhibits

            99.1 - Earnings release dated May 7, 2003 for the three months ended
                   March 31, 2003.

Item 9. Regulation FD Disclosure  (Information furnished under "Item 12. Results
        of Operations and Financial Condition")

        On May 7, 2003, United-Guardian,  Inc. issued a press release announcing
its financial results for the first quarter ended March 31, 2003. A copy of this
press release is being furnished as Exhibit 99.1 to this Form 8-K.

        The information  contained in this Form 8-K and the Exhibit(s)  attached
hereto  ("Information")  is being  furnished  pursuant to "Item 9. Regulation FD
Disclosure" and in satisfaction of the  requirements of "Item 12.  Disclosure of
Results of Operations  and Financial  Condition" in accordance  with SEC Release
Nos.  33-8216 and 34-47583.  Such  Information  shall not be deemed  "filed" for
purposes  of  Section 18 of the  Securities  Exchange  Act of 1934 or  otherwise
subject to the liabilities of that section,  nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933 or the Exchange Act,
except as shall be expressly set forth by specific reference in such filing.

                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                 UNITED-GUARDIAN, INC.


                                 By:/s/ Kenneth H. Globus
                                 ------------------------
                                 Name:  Kenneth H. Globus
                                 Title: President

May 8, 2003