<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS RESTATED SUMMARY FINANCIAL INFORMATION EXTRACTED FROM IVAX
CORPORATION'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998             DEC-31-1998
<PERIOD-START>                             JAN-01-1998             JAN-01-1998             JAN-01-1998
<PERIOD-END>                               MAR-31-1998             JUN-30-1998             SEP-30-1998
<CASH>                                         161,564                 166,954                 234,978
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                  102,649                  96,862                  86,289<F1>
<ALLOWANCES>                                         0                       0                       0
<INVENTORY>                                    145,703                 145,961                 146,012
<CURRENT-ASSETS>                               468,409                 471,080                 503,034
<PP&E>                                         193,777                 189,024                 196,499<F2>
<DEPRECIATION>                                       0                       0                       0
<TOTAL-ASSETS>                                 750,304                 747,659                 791,680
<CURRENT-LIABILITIES>                          210,335                 201,623                 203,178
<BONDS>                                         94,109                  94,178                  89,391
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                        11,984                  11,992                  11,777
<OTHER-SE>                                     405,887                 410,914                 450,381
<TOTAL-LIABILITY-AND-EQUITY>                   750,304                 747,659                 791,681
<SALES>                                        146,277                 300,894                 459,650
<TOTAL-REVENUES>                               146,277                 300,894                 459,650
<CGS>                                           96,426                 190,891                 288,517
<TOTAL-COSTS>                                   96,426                 190,891                 288,517
<OTHER-EXPENSES>                                     0                       0                       0
<LOSS-PROVISION>                                 1,266                   2,821                   5,699
<INTEREST-EXPENSE>                               1,747                   3,539                   5,348
<INCOME-PRETAX>                                   (350)                  5,823                  13,368
<INCOME-TAX>                                     2,630                   5,026                   5,631
<INCOME-CONTINUING>                             (3,661)                    (84)                  7,403
<DISCONTINUED>                                       0                       0                  40,733
<EXTRAORDINARY>                                      0                       0                     315
<CHANGES>                                       (3,048)                 (3,048)                 (3,048)
<NET-INCOME>                                    (6,709)                 (3,132)                 45,404
<EPS-PRIMARY>                                     (.06)                   (.03)                    .38<F3>
<EPS-DILUTED>                                     (.06)                   (.03)                    .38
<FN>
<F1>AMOUNTS SHOWN ARE NET OF ALLOWANCES.
<F2>AMOUNTS SHOWN ARE NET OF ACCUMULATED DEPRECIATION AND AMORTIZATION.
<F3>AMOUNTS REPRESENT BASIC EARNINGS PER SHARE.
</FN>
        

</TABLE>