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Home > Company Index > Drugs > Drugs - Generic > IVAX Corporation

IVAX Corporation
AMEX: IVX
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 PROFILE
IVAX's fortunes are waxing again. After selling its chemicals and cosmetics lines, IVAX is focusing on developing specialty generic pharmaceuticals, respiratory drugs, and cancer treatments. The company's generic products (some 50% of sales) include almost 60 prescription drugs (sold under the Zenith Goldline and Goldline brands) and about 280 drugs and vitamins sold over-the-counter. IVAX's proprietary drugs include its cancer treatment Paxene, asthma inhaler Easi-Breathe, and urinary bladder disease treatment Elmiron. The company also makes veterinary drugs. IVAX merged its diagnostics unit with office products and services provider b2bstores.com; the new company, IVAX Diagnostics, is about 70% controlled by IVAX.

 COMPETITION
Aventis (AVE)
Bristol-Myers Squibb Company (BMY)
GlaxoSmithKline plc (GSK)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 793.40
1-Yr. Sales Growth: 20.9%
Employees: 5,800
Revenue per employee: $136,793.10

 KEY PEOPLE
• Phillip Frost
    CEO
• Thomas E. Beier
    CFO

 CONTACT INFO
4400 Biscayne Blvd.
Miami, FL 33137
US
Phone: 305-575-6000
Fax: -
Online: Web Site

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