<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CHIRON CORPORATION'S CONSOLIDATED BALANCE SHEET DATED DECEMBER 31, 1998 AND CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998<F7> <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998<F7> <CASH> 513,315 <SECURITIES> 1,076,688<F1><F5> <RECEIVABLES> 185,748<F5> <ALLOWANCES> 18,160<F5> <INVENTORY> 79,862<F5> <CURRENT-ASSETS> 1,630,942<F5> <PP&E> 501,183<F5> <DEPRECIATION> (198,102)<F5> <TOTAL-ASSETS> 2,524,264<F5> <CURRENT-LIABILITIES> 557,435<F5> <BONDS> 338,158<F2> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,799 <OTHER-SE> 1,544,003<F3> <TOTAL-LIABILITY-AND-EQUITY> 2,524,264<F5> <SALES> 399,251 <TOTAL-REVENUES> 736,673 <CGS> 174,803<F5><F6> <TOTAL-COSTS> 174,803<F5><F6> <OTHER-EXPENSES> 334,412<F4><F5><F6> <LOSS-PROVISION> 14,370 <INTEREST-EXPENSE> 24,673 <INCOME-PRETAX> 94,983 <INCOME-TAX> 18,985 <INCOME-CONTINUING> 75,998 <DISCONTINUED> 448,115 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 524,113 <EPS-BASIC> 2.95 <EPS-DILUTED> 2.90 <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, AND ACCUMULATED OTHER COMPREHENSIVE INCOME. <F4>CONSISTS OF RESEARCH AND DEVELOPMENT, WRITE-OFF OF PURCHASED IN-PROCESS TECHNOLOGIES, RESTRUCTURING AND REORGANIZATION CHARGES AND OTHER OPERATING EXPENSES. <F5>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. <F6>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. <F7>THE ACTUAL FISCAL YEAR END WAS JAN-03-199. FOR PRESENTATIONAL PURPOSES, DATES USED IN THE CONSOLIDATED FINANCIAL STATEMENTS AND NOTES REFER TO THE FISCAL MONTH END. </FN>