<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM IVAX
CORPORATION'S FORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1999 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                         107,557
<SECURITIES>                                         0
<RECEIVABLES>                                  116,946
<ALLOWANCES>                                    21,684
<INVENTORY>                                    126,577
<CURRENT-ASSETS>                               354,368
<PP&E>                                         357,072
<DEPRECIATION>                                 154,320
<TOTAL-ASSETS>                                 637,265
<CURRENT-LIABILITIES>                          192,810
<BONDS>                                         71,079
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        10,705
<OTHER-SE>                                     322,779
<TOTAL-LIABILITY-AND-EQUITY>                   637,265
<SALES>                                        303,957
<TOTAL-REVENUES>                               303,957
<CGS>                                          172,500
<TOTAL-COSTS>                                  172,500
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 2,479
<INTEREST-EXPENSE>                               2,687
<INCOME-PRETAX>                                 30,828
<INCOME-TAX>                                     6,485
<INCOME-CONTINUING>                             22,837
<DISCONTINUED>                                     580
<EXTRAORDINARY>                                    118
<CHANGES>                                            0
<NET-INCOME>                                    25,535
<EPS-BASIC>                                        .21<F1>
<EPS-DILUTED>                                      .21
<FN>
<F1>AMOUNT REPRESENTS BASIC EARNINGS PER SHARE.
</FN>