EXHIBIT 21 SUBSIDIARIES OF IVAX CORPORATION(1) JURISDICTION OF NAME OF SUBSIDIARY ORGANIZATION ------------------ ------------ DOMESTIC Baker Norton Pharmaceuticals, Inc. Florida Baker Norton U.S., Inc. Florida Cummins Properties, Inc. Florida D & N Holding Company Delaware Diamedix Corporation Florida DVM Pharmaceuticals, Inc. Florida Goldcaps, Inc. Florida Goldline Laboratories, Inc. Florida Goldline Properties Florida, Inc. Florida Immunovision, Inc. Florida Indiana Protein Technologies, Inc. Indiana** Ivax D Sub, LLC Delaware IVAX Diagnostics, Inc. Florida IVAX Specialty Chemicals Sub, LLC Delaware IVX BioScience, Inc. Florida IVX Oncology, Inc. Florida N Holding Company Delaware Pet Technology Corp. Florida Pralex Corporation Delaware Soft Drugs, Inc. Florida XAVI Corporation Florida Zenith Goldline Dermatologicals, Inc. Florida Zenith Goldline Golden Glades, Inc. Florida Zenith Goldline Pharmaceuticals, Inc. Florida Zenith Laboratories, Inc. Florida Zenith Laboratories Caribe, Inc. Delaware SUBSIDIARIES OF IVAX CORPORATION (Continued) JURISDICTION OF NAME OF SUBSIDIARY ORGANIZATION ------------------ ------------ INTERNATIONAL AXIV International Limited Ireland Baker Cummins Inc. Canada Baker Norton Asia Ltd. Hong Kong Baker Norton Farmaceutici Srl Italy Baker Norton International GmbH Switzerland Becpharm Limited England Beijing JiAi Pharmaceuticals Limited Liability Company(2) China Delta Biologicals S.r.l. Italy Elvetium S.A. Argentina Elvetium S.A. Uruguay Elvetium Peru S.A. Peru Empresas Goanka, S.A. Dominican Republic Galena a.s.(3) Czech Republic Institute for Drug Research, Ltd. Hungary IVAX Holdings, A.G. Switzerland IVAX Industries UK, Ltd. England IVAX International, B.V. Netherlands IVAX International (Luxembourg) Sarl Luxembourg Kunming Baker Norton Pharmaceutical Co. Ltd(2) China Norton Gelkaps Gelatine Kapsel Produktion GmbH Germany Norton Healthcare Limited England Norton Healthcare (Holdings) Limited England Norton Healthcare (1999) Limited England Norton Healthcare (1998) Limited England Norton SAS France Norton (Waterford) Limited Ireland Norton Poland Sp. z. o. o. Poland Zenith Goldline Pharmaceuticals Canada, Inc. Canada - ------------------ (1) As of March 24, 2000, all subsidiaries are wholly-owned (directly or indirectly) unless otherwise indicated. (2) Owned 50% by the Company. (3) Owned 86% by the Company. (**) Owned 30% by the Company.