<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from ICN Pharmaceuticals, Inc.'s September 30, 1998 Consolidated Condensed Financial Statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000930184 <NAME> ICN Pharmaceuticals, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Sep-30-1998 <CASH> 255,439 <SECURITIES> 0 <RECEIVABLES> 280,291 <ALLOWANCES> (67,323) <INVENTORY> 171,171 <CURRENT-ASSETS> 707,141 <PP&E> 482,818 <DEPRECIATION> (67,349) <TOTAL-ASSETS> 1,560,418 <CURRENT-LIABILITIES> 206,446 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <COMMON> 735 <OTHER-SE> 714,322 <TOTAL-LIABILITY-AND-EQUITY> 1,560,418 <SALES> 610,047 <TOTAL-REVENUES> 636,730 <CGS> 278,585 <TOTAL-COSTS> 278,585 <OTHER-EXPENSES> 16,640 <LOSS-PROVISION> 205,530 <INTEREST-EXPENSE> 24,698 <INCOME-PRETAX> (168,129) <INCOME-TAX> 5,147 <INCOME-CONTINUING> (128,773) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (128,773) <EPS-PRIMARY> (1.77) <EPS-DILUTED> (1.77)