<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CHIRON CORPORATION'S CONSOLIDATED BALANCE SHEET DATED DECEMBER 31, 1996 AND CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996<F5> <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996<F5> <CASH> 68,114 <SECURITIES> 60,721<F1> <RECEIVABLES> 372,663 <ALLOWANCES> 20,692 <INVENTORY> 180,534 <CURRENT-ASSETS> 696,768 <PP&E> 796,821 <DEPRECIATION> 213,217 <TOTAL-ASSETS> 1,688,670 <CURRENT-LIABILITIES> 473,169 <BONDS> 419,589<F2> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,707 <OTHER-SE> 763,148<F3> <TOTAL-LIABILITY-AND-EQUITY> 1,688,670 <SALES> 242,640 <TOTAL-REVENUES> 537,149 <CGS> 116,899 <TOTAL-COSTS> 116,899 <OTHER-EXPENSES> 254,069<F4> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 29,486 <INCOME-PRETAX> 51,865 <INCOME-TAX> 6,207 <INCOME-CONTINUING> 45,658 <DISCONTINUED> 9,487<F8> <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 55,145 <EPS-PRIMARY> .33<F6> <EPS-DILUTED> .31<F7> <FN> <F5>ACTUAL FISCAL YEAR END WAS DEC-29-1996. FOR PRESENTATION PURPOSES, DATES USED IN THE CONSOLIDATED FINANCIAL STATEMENTS AND NOTES REFER TO THE FISCAL MONTH END. <F1>CONSISTS OF BOTH SHORT-TERM AND NONCURRENT INVESTMENTS IN MARKETABLE DEBT SECURITIES. <F2>CONSISTS OF CONVERTIBLE SUBORDINATED DEBENTURES, CAPITAL LEASE OBLIGATIONS AND NOTES PAYABLE, NET OF CURRENT MATURITIES. <F3>CONSISTS OF ADDITIONAL PAID-IN CAPITAL, ACCUMULATED DEFICIT, ACCUMULATED OTHER COMPREHENSIVE INCOME AND NOTES RECEIVABLE FROM STOCK SALES. <F4>CONSISTS OF RESEARCH AND DEVELOPMENT AND OTHER OPERATING EXPENSES. <F8>ON NOVEMBER 30, 1998, CHIRON CORPORATION COMPLETED THE SALE OF ITS IN VITRO DIAGNOSTICS BUSINESS, CHIRON DIAGNOSTICS CORPORATION. THIS SCHEDULE FOR THE YEAR ENDED DEC-31-1996 HAS BEEN RESTATED TO REFLECT THE RESULTS OF CHIRON DIAGNOSTICS CORPORATION AS DISCONTINUED OPERATIONS. <F6>REPRESENTS BASIC NET INCOME PER SHARE. BASIC INCOME PER SHARE FROM CONTINUING OPERATIONS AND BASIC INCOME PER SHARE FROM DISCONTINUED OPERATIONS WERE $0.27 AND $0.06, RESPECTIVELY. <F7>REPRESENTS DILUTED NET INCOME PER SHARE. DILUTED INCOME PER SHARE FROM CONTINUING OPERATIONS AND DILUTED INCOME PER SHARE FROM DISCONTINUED OPERATIONS WERE $0.26 AND $0.05, RESPECTIVELY. </FN>