Document:

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                                                                   EXHIBIT 10.78

                                February 16, 2004

Mr. John Hanson
9301 SW 92 Avenue
Apt. B405
Miami, FL  33176

Dear John:

         It is with much pleasure that we confirm your promotion to the position
of Senior Vice President and Chief Financial Officer of Andrx Corporation
effective February 4, 2004. In line with your promotion, the following changes
have been made to the terms of your employment.

(1)      Salary:            Your base salary has been increased to $275,000
                            annually.

(2)      Target Bonus:      Your target bonus has been increased to 45% of
                            earned salary in 2004.

(3)      Stock Options:     Your annual target grant will be 30,000 shares.

(4)      Grade Level:       Your position is graded at band level 12 within the
                            Company's job band structure.

         John, I would like to take this opportunity to congratulate you on your
promotion and to wish you ongoing success in your new role.

                                          Sincerely,

                                          /s/ Ian J. Watkins
                                          -------------------------------------
                                          Ian J. Watkins
                                          Senior Vice President, Human Resources

<PAGE>

                                                              March 14, 2003

REVISED

Mr. John Hanson
9301 SW 92nd Avenue, B405
Miami, FL  33176

Dear Mr. Hanson:

         I am very pleased to offer you a position at Andrx Corporation ("Andrx"
or the "Company"), upon the following terms:

(1)      Position:          Vice President, Finance, with responsibility for
                            financial planning, controls, and policies &
                            procedures

(2)      Reporting to:      Angelo C. Malahias, Sr. Vice President & Chief
                            Financial Officer

(3)      Annual Salary:     $210,000

(4)      Annual Car
         Allowance:         $5,000  (before tax)

(5)      Stock Options:     Non-qualified stock options to purchase 20,000
                            shares of Andrx common stock. Although the actual
                            stock option grant, vesting schedule, and exercise
                            price of these options will be determined by the
                            Andrx board at their next meeting March 17, 2003, we
                            anticipate that these options will vest annually
                            over a four year period of time. Additional options
                            will likely be granted annually. Your annual target
                            option grant will be 14,000 shares.

(6)      Annual Target      You will be eligible for a target bonus of 30% of
         Bonus:             salary with a potential maximum of 45% of salary.
                            Achievement of this bonus in 2003 will be dependent
                            on the Company meeting its 2003 revenues and net
                            income targets as approved by the Board of
                            Directors. In 2004, we plan to base bonuses on a
                            combination of Company, divisional, departmental and
                            individual performance metrics, and you will
                            participate in the establishment of certain of those
                            metrics.

(7)      Relocation:        Should you elect to relocate closer to Andrx's
                            offices within the one-year anniversary of your
                            employment date, upon presentation of appropriate
                            substantiating documentation, Andrx shall reimburse
                            you for relocation expenses of up to $10,000. (This
                            amount includes any gross-up for income taxes.)
                            However, if you resign before completing one full
                            year of employment with Andrx after such final
                            payment is made, you shall be required to repay all
                            of that reimbursed relocation expenses to Andrx.
<PAGE>

Mr. John Hanson
March 14, 2003
Page 2

 (8)     Termination:       During the one year period after the occurrence of a
                            "change of control," in the event that your
                            employment is terminated by Andrx or any successor
                            entity without "cause" or you voluntarily terminate
                            your employment for "good reason," you shall be
                            entitled to (i) at least one year's compensation at
                            your then current annual salary together with one
                            times the prior year's bonus (or Target Bonus, if
                            termination occurred during your first year of
                            employment) and (ii) the immediate vesting of that
                            portion of the foregoing Andrx stock options that
                            would have otherwise vested in the next 24 months.

                            For the foregoing purposes, (i) a change of control
                            shall be deemed to have occurred if there occurs a
                            "change of control" as defined in Rule 12 b-2
                            promulgated under the Securities Exchange Act of
                            1934; (ii) "cause" shall mean (a) the commission of
                            a criminal act by you or gross negligence, gross
                            malfeasance, gross misfeasance or gross misconduct
                            by you in the performance of your job, (b) actions
                            by you which cause Andrx`s reputation or image to
                            materially suffer, (c) a breach by you of your
                            Confidentiality Agreement, or (d) other events or
                            matters relating to your job performance or conduct
                            that would ordinarily cause an employer to seriously
                            consider the termination of an employee's
                            employment; (iii) "good reason" shall mean any
                            decrease in your salary without "cause" or any
                            material change in your job responsibilities without
                            "cause."

 (9)     Benefits:          Andrx maintains a 401(k) plan and makes a matching
                            contribution of 50% of the amount you contribute to
                            the plan, up to 5% of your annual compensation and
                            applicable laws. Andrx also maintains group medical
                            (HMO or POS), dental and life insurance plans for
                            all of its full-time employees and their families.
                            As a member of our professional team, you and your
                            family will be entitled to immediately participate
                            (beginning the first day of the month after you
                            begin work) in our medical insurance plan. These and
                            other benefits you will receive as an Andrx employee
                            are described in the enclosed materials.

                            The Company will also pay reasonable costs
                            associated with the continuing education
                            requirements of keeping your professional
                            designation up to date including professional fees.

(10)     Vacation:          2 weeks per year

(11)     Report Date:       As soon as possible

<PAGE>

Mr. John Hanson
March 14, 2003
Page 3

         This offer of employment assumes that your employment by Andrx and the
performance of your duties will not violate the terms of any non-compete or
other agreements to which you are a party and such assumption is a condition of
your employment. Moreover, as your position will give you access to information
that Andrx keeps confidential, your execution of the enclosed Confidentiality
Agreement we have agreed upon will also be a condition of your employment.

         Please signify your acceptance of this offer by signing a copy of this
letter where indicated below and returning that copy to me by either fax (at
954-585-1888) or by mail.

         Should you accept our position, I am sure that you will find the
environment here at Andrx both stimulating and rewarding. We look forward to
your joining us. Should you have any questions, please feel free to call Angelo
C. Malahias or me.

                                                 Sincerely,

                                                 /s/ Ronald D. Norris
                                                 ------------------------------
                                                 Ronald D. Norris
                                                 Director of Human Resources

AGREED TO AND ACCEPTED ON
THIS 31st DAY OF March, 2003

/s/ JOHN HANSON
----------------------------
John Hanson

cc: Angelo C. Malahias<PAGE>
                                                                   EXHIBIT 10.79

                                November 1, 2002

Mr. Thomas R. Giordano
621 Solar Isle Drive
Ft. Lauderdale, FL  33301

Dear Mr. Giordano:

         I am very pleased to offer you a position at Andrx ("Andrx"), upon the
following terms:

(1)      Position:          Senior Vice President and Chief Information Officer

(2)      Reporting to:      Richard J. Lane, Chief Executive Officer

(3)      Salary:            $225,000 annually

(4)      Stock Options:     Non-qualified stock options to purchase 25,000
                            shares of Andrx's common stock. Although the actual
                            stock option grant, vesting schedule, and exercise
                            price of these options will be determined by the
                            Andrx board at their next meeting, we anticipate
                            that these options will vest annually over a five
                            year period of time.

(5)      Target Bonus:      The Target Bonus will be 40%. The level of bonus
                            awarded will be based upon your attainment of
                            established metrics for the goals and objectives we
                            mutually agree upon.

(6)      Car Allowance:     Andrx will pay you a car allowance of $700 per
                            month.

(7)      Termination:       During the one year period after a "change of
                            control," in the event that your employment is
                            terminated by Andrx or any successor entity without
                            "cause" or you voluntarily terminate your employment
                            for "good reason," you shall be entitled to (i) at
                            least one year's compensation at your then current
                            annual salary together with one times the prior
                            year's Target Bonus (or the mid-point of the Target
                            Bonus if termination occurred during your first year
                            of employment); and the immediate vesting of that
                            portion of the foregoing Andrx stock options that
                            would have vested in the next 12 months.

                            For the foregoing purposes, (i) a change of control
                            shall be deemed to have occurred if there occurs a
                            "change of control" as defined in Rule 12 b-2
                            promulgated under the Securities Exchange Act of
                            1934; (ii) "cause" shall mean (a)

<PAGE>

Mr. Thomas R. Giordano
November 1, 2002
Page 2

                            the commission of a criminal act by you, gross
                            negligence, gross malfeasance, gross misfeasance, or
                            gross misconduct by you in the performance of your
                            job, (b) actions by you which cause Andrx`s
                            reputation or image to materially suffer, (c) a
                            breach by you of your Confidentiality and
                            Non-Competition agreement, and (d) other events or
                            matters relating to your job performance or conduct
                            that would ordinarily cause an employer to seriously
                            consider the termination of an employee's
                            employment; (iii) "good reason" shall mean any
                            decrease in your salary without "cause" or any
                            material change in your job responsibilities without
                            "cause."

 (8)     Benefits:          Andrx maintains a 401(k) plan and makes a matching
                            contribution of 50% of the amount you contribute to
                            the plan, up to 5% of your annual compensation and
                            applicable laws. Andrx also maintains group medical
                            (HMO or POS), dental and life insurance plans for
                            all of its full-time employees and their families.
                            As a member of our professional team, you and your
                            family will be entitled to immediately participate
                            (beginning the first day of the month after you
                            begin work) in our medical insurance plan. These and
                            other benefits you will receive as an Andrx employee
                            are described in the enclosed materials.

 (9)     Vacation:          4 weeks per year

(10)     Report Date:       November 18, 2002

         This offer of employment assumes that your employment by Andrx and the
performance of your duties will not violate the terms of any non-compete or
other agreements to which you are a party and such assumption is a condition of
your employment. Moreover, as your position will give you access to information
which Andrx keeps confidential, your execution of our standard Confidentiality
and Non-Competition Agreement will also be a condition of your employment.

         I am sure that you will find the environment here at Andrx both
stimulating and rewarding and we look forward to your joining us. Should you
have any questions, please feel free to call Rick Lane or me.

<PAGE>

Mr. Thomas R. Giordano
November 1, 2002
Page 3

         Please signify your acceptance of this offer by signing a copy of this
letter where indicated below and returning that copy to me by either fax (at
954-585-1888) or by mail.

                                                  Sincerely,

                                                  /s/ Ronald D. Norris
                                                  -----------------------------
                                                  Ronald D. Norris
                                                  Director of Human Resources

AGREED TO AND ACCEPTED ON
THIS 4th DAY OF November, 2002

/s/ THOMAS R. GIORDANO
--------------------------
Thomas R. Giordano

CC: Richard J. Lane

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