<ARTICLE> 5 <RESTATED> <CIK> 0000353230 <NAME> OMNICARE, INC <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 139,007 <SECURITIES> 0 <RECEIVABLES> 185,049 <ALLOWANCES> 8,509 <INVENTORY> 74,022 <CURRENT-ASSETS> 417,590 <PP&E> 114,475 <DEPRECIATION> 40,703 <TOTAL-ASSETS> 899,408 <CURRENT-LIABILITIES> 121,895 <BONDS> 8,290 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 85,319 <OTHER-SE> 660,616 <TOTAL-LIABILITY-AND-EQUITY> 899,408 <SALES> 212,424 <TOTAL-REVENUES> 212,424 <CGS> 149,128 <TOTAL-COSTS> 149,128 <OTHER-EXPENSES> 42,337 <LOSS-PROVISION> 1,482 <INTEREST-EXPENSE> 456 <INCOME-PRETAX> 21,734 <INCOME-TAX> 9,462 <INCOME-CONTINUING> 12,272 <DISCONTINUED> 300 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,972 <EPS-PRIMARY> .14 <EPS-DILUTED> .14