IVAX Corporation Reports 3rd Quarter 2005 Results

MIAMI--(BUSINESS WIRE)--Nov. 8, 2005--IVAX Corporation (AMEX: IVX) (LSE: IVX.L) (WSE: IVX) reported third quarter 2005 revenues of $617.7 million, an increase of 41% over revenues of $439.1 million in the third quarter of 2004 and the highest quarterly revenues in IVAX’ eighteen year history. Net income for the third quarter 2005 was $55.4 million, a 25% increase over net income of $44.4 million for the third quarter 2004. Third quarter earnings per share of $0.20 were 18% higher than $0.17 in the third quarter 2004. For the nine months ending September 30, 2005, revenues were $1.69 billion, and net income $134.5 million or $0.49 per share compared to revenues of $1.33 billion, and net income of $134.8 million or $0.51 per share in 2004.

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