<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS RESTATED 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>
<RESTATED>
<MULTIPLIER> 1,000

                                                                                            
<PERIOD-TYPE>                   3-MOS                   6-MOS                   9-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998             DEC-31-1998             DEC-31-1998
<PERIOD-END>                               MAR-31-1998             JUN-30-1998             SEP-30-1998             DEC-31-1998
<CASH>                                         161,564                 166,954                 234,978                 208,593
<SECURITIES>                                         0                       0                       0                       0
<RECEIVABLES>                                  122,530                 118,096                 110,033                 132,566
<ALLOWANCES>                                    19,851                  21,234                  23,744                  22,834
<INVENTORY>                                    145,703                 145,961                 146,012                 135,324
<CURRENT-ASSETS>                               468,409                 471,080                 503,034                 486,792
<PP&E>                                         340,979                 336,653                 352,317                 363,830
<DEPRECIATION>                                 147,202                 147,629                 155,818                 153,602
<TOTAL-ASSETS>                                 750,304                 747,659                 791,680                 778,015
<CURRENT-LIABILITIES>                          210,335                 201,623                 203,178                 217,281
<BONDS>                                         94,109                  94,178                  89,391                  77,776
<PREFERRED-MANDATORY>                                0                       0                       0                       0
<PREFERRED>                                          0                       0                       0                       0
<COMMON>                                        11,984                  11,992                  11,777                  11,484
<OTHER-SE>                                     405,887                 410,914                 450,381                 441,724
<TOTAL-LIABILITY-AND-EQUITY>                   750,304                 747,659                 791,681                 778,015
<SALES>                                        138,538                 280,813                 424,066                 581,836
<TOTAL-REVENUES>                               145,195                 294,721                 452,665                 625,573
<CGS>                                           96,426                 190,891                 288,517                 396,752
<TOTAL-COSTS>                                   96,426                 190,891                 288,517                 396,752
<OTHER-EXPENSES>                                     0                       0                       0                       0
<LOSS-PROVISION>                                 1,266                   2,821                   5,669                   7,650
<INTEREST-EXPENSE>                               1,747                   3,539                   5,348                   6,857
<INCOME-PRETAX>                                  (350)                   5,823                  13,368                  34,261
<INCOME-TAX>                                     2,630                   5,026                   5,631                  10,047
<INCOME-CONTINUING>                            (3,661)                    (84)                   7,403                  24,617
<DISCONTINUED>                                       0                       0                  40,733                  48,904
<EXTRAORDINARY>                                      0                       0                     315                   1,121
<CHANGES>                                      (3,048)                 (3,048)                 (3,048)                 (3,048)
<NET-INCOME>                                   (6,709)                 (3,132)                  45,404                  71,594
<EPS-BASIC>                                      (.04)<F1>               (.02)<F1>                 .15<F1>                 .27<F1>
<EPS-DILUTED>                                    (.04)<F1>               (.02)<F1>                 .15<F1>                 .27<F1>
<FN>
<F1>EPS RESTATED FOR EFFECT OF 3 FOR 2 STOCK SPLIT.
</FN>