<ARTICLE>                     5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM IVAX
CORPORATION'S FORM 10-Q FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                  1000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-END>                                   MAR-31-2000
<CASH>                                              96,280
<SECURITIES>                                             0
<RECEIVABLES>                                      119,624
<ALLOWANCES>                                        21,370
<INVENTORY>                                        151,446
<CURRENT-ASSETS>                                   372,047
<PP&E>                                             397,061
<DEPRECIATION>                                     172,844
<TOTAL-ASSETS>                                     665,844
<CURRENT-LIABILITIES>                              253,704
<BONDS>                                                  0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            15,578
<OTHER-SE>                                         360,219
<TOTAL-LIABILITY-AND-EQUITY>                       665,844
<SALES>                                            160,324
<TOTAL-REVENUES>                                   181,889
<CGS>                                               93,030
<TOTAL-COSTS>                                       93,030
<OTHER-EXPENSES>                                         0
<LOSS-PROVISION>                                       226
<INTEREST-EXPENSE>                                   2,042
<INCOME-PRETAX>                                     31,023
<INCOME-TAX>                                         5,044
<INCOME-CONTINUING>                                 25,743
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                        25,743
<EPS-BASIC>                                            .17
<EPS-DILUTED>                                          .16