<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CHIRON CORPORATION'S CONSOLIDATED BALANCE SHEET DATED DECEMBER 31, 1997 AND CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997<F8> <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997<F8> <CASH> 98,483 <SECURITIES> 159,989<F1> <RECEIVABLES> 366,962 <ALLOWANCES> 22,918 <INVENTORY> 165,652 <CURRENT-ASSETS> 770,052 <PP&E> 831,521 <DEPRECIATION> 277,623 <TOTAL-ASSETS> 1,768,478 <CURRENT-LIABILITIES> 471,186 <BONDS> 397,217<F2> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,757 <OTHER-SE> 872,188<F3> <TOTAL-LIABILITY-AND-EQUITY> 1,768,478 <SALES> 252,729 <TOTAL-REVENUES> 574,599 <CGS> 114,063<F6><F7> <TOTAL-COSTS> 114,063<F6><F7> <OTHER-EXPENSES> 292,649<F4><F6><F7> <LOSS-PROVISION> 10,227 <INTEREST-EXPENSE> 31,610 <INCOME-PRETAX> 40,206 <INCOME-TAX> 14,424 <INCOME-CONTINUING> 25,782 <DISCONTINUED> 45,437<F5> <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 71,219 <EPS-BASIC> 0.41 <EPS-DILUTED> 0.40 <FN> <F1>CONSISTS OF SHORT-TERM AND NONCURRENT INVESTMENTS IN MARKETABLE DEBT SECURITIES. <F2>CONSISTS OF CONVERTIBLE SUBORDINATED DEBENTURES, CAPITAL LEASE OBLIGATIONS AND NOTES PAYABLE, NET OF CURRENT MATURITIES. <F3>CONSISTS OF ADDITIONAL PAID-IN CAPITAL, ACCUMULATED DEFICIT, ACCUMULATED OTHER COMPREHENSIVE LOSS AND NOTES PAYABLE FOR STOCK SALES. <F4>CONSISTS OF RESEARCH AND DEVELOPMENT, IMPAIRMENT LOSS ON LONG-LIVED ASSETS AND OTHER OPERATING EXPENSES. <F5>ON NOVEMBER 30, 1998, CHIRON CORPORATION COMPLETED THE SALE OF ITS IN VITRO DIAGNOSTIC BUSINESS, CHIRON DIAGNOSTICS CORPORATION. THIS SCHEDULE FOR THE YEAR ENDED DEC-31-1997 HAS BEEN RESTATED TO REFLECT THE RESULTS OF CHIRON DIAGNOSTICS CORPORATION AS DISCONTINUED OPERATIONS. <F6>DURING THE SECOND QUARTER OF 1999, THE COMPANY COMPLETED THE IMPLEMENTATION OF AN INTEGRATED INFORMATION SYSTEM. AS A RESULT, CERTAIN PREVIOUSLY REPORTED AMOUNTS HAVE BEEN RECLASSIFIED TO CONFORM WITH THE DECEMBER 31, 1999 PRESENTATION. <F7>DURING THE FOURTH QUARTER OF 1999, THE COMPANY RECLASSIFIED THIRD PARTY CONTRACT MANUFACTURING EXPENSES TO "OTHER EXPENSES", WHICH WERE PREVIOUSLY CLASSIFIED AS "COST OF SALES." AS A RESULT, CERTAIN PREVIOUSLY REPORTED AMOUNTS HAVE BEEN RECLASSIFIED TO CONFORM WITH THE DECEMBER 31, 1999 PRESENTATION. <F8>ACTUAL FISCAL YEAR END WAS DEC-28-1997. FOR PRESENTATION PURPOSES, DATES USED IN THE CONSOLIDATED FINANCIAL STATEMENTS AND NOTES REFER TO THE FISCAL MONTH END. </FN>