-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 Gb88iXXWfuBN7WJ1diyV9Q==

<SEC-DOCUMENT>0001144204-08-047346.txt : 20080814
<SEC-HEADER>0001144204-08-047346.hdr.sgml : 20080814
<ACCEPTANCE-DATETIME>20080814162109
ACCESSION NUMBER:		0001144204-08-047346
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080812
FILED AS OF DATE:		20080814
DATE AS OF CHANGE:		20080814

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEXMED INC
		CENTRAL INDEX KEY:			0001017491
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				870449967
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		350 CORPORATE BLVD
		CITY:			ROBBINSVILLE
		STATE:			NJ
		ZIP:			08691
		BUSINESS PHONE:		6092089688

	MAIL ADDRESS:	
		STREET 1:		350 CORPORATE BLVD
		CITY:			ROBBINSVILLE
		STATE:			NJ
		ZIP:			08691

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WADE MARTIN R III
		CENTRAL INDEX KEY:			0001206060

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22245
		FILM NUMBER:		081019358

	BUSINESS ADDRESS:	
		STREET 1:		DIMON INC
		STREET 2:		512 BRIDGE STREET
		CITY:			DANVILLE
		STATE:			VA
		ZIP:			24543
		BUSINESS PHONE:		4158784000

	MAIL ADDRESS:	
		STREET 1:		100 ROWLAND WAY
		STREET 2:		SUITE 300
		CITY:			NOVATO
		STATE:			CA
		ZIP:			94945
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v123416_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-08-12</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001017491</issuerCik>
        <issuerName>NEXMED INC</issuerName>
        <issuerTradingSymbol>NEXM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001206060</rptOwnerCik>
            <rptOwnerName>WADE MARTIN R III</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>89 TWIN RIVERS DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EAST WINDSOR</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08520</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-08-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>23910</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.47</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>148458</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On August 12, 2008, the Compensation Committee of the Company's Board of Directors approved a revised compensation package
 for the non-employee directors for the 2008 calendar year.  In lieu of cash compensation, the non-employee directors have
 opted to receive, and the Board of Directors has approved, a grant of the Company's common stock for the non-employee
 directors' service on the Board of Directors and on Board committees during the 2008 calendar year.  The price per share
 (the &quot;Price&quot;) is the average of the closing price of the Company's common stock over five consecutive trading days,
 commencing on January 2, 2008.  The number of shares granted was calculated based on the amount of cash the non-employee
 director would have received for service on the Board and on Board committees, divided by the Price.</footnote>
        <footnote id="F2">In accordance with the previous compensation package effective for 2008, 24,324 shares of the Company's common stock were
 previously granted to each non-employee director and reported on a Form 4.  The additional shares granted pursuant to the
 new compensation package are being reported on this Form 4.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Vivian H. Liu, Attorney in Fact</signatureName>
        <signatureDate>2008-08-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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