<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM IVAX
CORPORATION'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                          41,408
<SECURITIES>                                         0
<RECEIVABLES>                                  132,530
<ALLOWANCES>                                    22,058
<INVENTORY>                                    146,624
<CURRENT-ASSETS>                               334,769
<PP&E>                                         391,813
<DEPRECIATION>                                 165,615
<TOTAL-ASSETS>                                 634,514
<CURRENT-LIABILITIES>                          210,396
<BONDS>                                         93,473
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        15,224<F1>
<OTHER-SE>                                     277,147<F1>
<TOTAL-LIABILITY-AND-EQUITY>                   634,514
<SALES>                                        604,406
<TOTAL-REVENUES>                               656,269
<CGS>                                          369,135
<TOTAL-COSTS>                                  369,135
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 4,147
<INTEREST-EXPENSE>                               5,556
<INCOME-PRETAX>                                 86,479
<INCOME-TAX>                                    14,850
<INCOME-CONTINUING>                             69,544
<DISCONTINUED>                                     585
<EXTRAORDINARY>                                    593
<CHANGES>                                            0
<NET-INCOME>                                    70,722
<EPS-BASIC>                                        .43<F1>
<EPS-DILUTED>                                      .42<F1>
<FN>
<F1>AMOUNT SHOWN REFLECTS 3-FOR-2 STOCK SPLIT PAYABLE FEBRUARY 22, 2000.
</FN>