<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CHIRON CORPORATION CONSOLIDATED BALANCE SHEET DATED DECEMBER 31, 1998 AND CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998<F7> <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998<F7> <CASH> 513,315 <SECURITIES> 1,076,688<F1><F8> <RECEIVABLES> 183,778<F8> <ALLOWANCES> 16,190<F8> <INVENTORY> 79,862<F8> <CURRENT-ASSETS> 1,630,942<F8> <PP&E> 501,183<F8> <DEPRECIATION> 198,102<F8> <TOTAL-ASSETS> 2,524,264<F8> <CURRENT-LIABILITIES> 557,435<F8> <BONDS> 338,158<F2> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,799 <OTHER-SE> 1,544,003<F3><F8> <TOTAL-LIABILITY-AND-EQUITY> 2,524,264<F8> <SALES> 399,251 <TOTAL-REVENUES> 736,673 <CGS> 182,403<F8> <TOTAL-COSTS> 182,403<F8> <OTHER-EXPENSES> 326,812<F4><F8> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 24,673 <INCOME-PRETAX> 94,983 <INCOME-TAX> 18,985 <INCOME-CONTINUING> 75,998 <DISCONTINUED> 448,115 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 524,113 <EPS-BASIC> 2.95<F5> <EPS-DILUTED> 2.90<F6> <FN> <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, AND ACCUMULATED OTHER COMPREHENSIVE INCOME. <F4>CONSISTS OF RESEARCH AND DEVELOPMENT, WRITE-OFF OF PURCHASED IN-PROCESS TECHNOLOGIES, RESTRUCTURING AND REORGANIZATION CHARGES AND OTHER OPERATING EXPENSES. <F5>REPRESENTS BASIC NET INCOME PER SHARE, BASIC INCOME PER SHARE FROM CONTINUING OPERATIONS AND BASIC INCOME PER SHARE FROM DISCONTINUED OPERATIONS WERE $0.43 AND $2.52, RESPECTIVELY. <F6>REPRESENTS DILUTED NET INCOME PER SHARE. DILUTED INCOME PER SHARE FROM CONTINUING OPERATIONS AND DILUTED INCOME PER SHARE FROM DISCONTINUED OPERATIONS WERE $0.42 AND $2.48, RESPECTIVELY. <F7>ACTUAL FISCAL YEAR END WAS JAN-03-1999. FOR PRESENTATION PURPOSES, DATES USED IN THE CONSOLIDATED FINANCIAL STATEMENTS AND NOTES REFER TO THE FISCAL MONTH END. <F8>DURING THE SECOND QUARTER OF 1999, THE COMPANY COMPLETED THE IMPLEMENTATION OF AN INTEGRATED INFORMATION SYSTEM. AS A RESULT, CERTAIN PREVIOUSLY REPORTED AMOUNTS HAVE BEEN RECLASSIFIED TO CONFORM WITH THE JUNE 30, 1999 PRESENTATION. </FN>