SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Levy Harold J (Last) (First) (Middle) C/O IRIDIAN ASSET MANAGEMENT LLC 276 POST ROAD WEST (Street) WESTPORT CT 06880-4704 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/23/2009	3. Issuer Name and Ticker or Trading Symbol ENZON PHARMACEUTICALS INC [ ENZN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	50,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
4% Convertible Senior Notes Due 2013	07/23/2009	06/01/2013	Common Stock	104,712	9.55	I	By Harold J. Levy Trust

Explanation of Responses:

Remarks:

The reporting person is the Co-President, Co-Chief Executive Officer and Co-Investment Officer of Iridian Asset Management LLC ("Iridian"). Iridian may be deemed to be a beneficial owner of common stock of Enzon Pharmaceuticals, Inc. ("Common Stock") for purposes of Section 16, but Mr. Levy is not reporting any Common Stock owned by Iridian because Iridian has no pecuniary interest in such shares.

	/s/ Harold J. Levy	07/31/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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