MIAMI--(BUSINESS WIRE)--March 23, 2006--IVAX Diagnostics, Inc. (AMEX:IVD) reported net revenues for the year ended December 31, 2005 of $19,762,000, an increase of 4% compared to $18,933,000 for the year ended December 31, 2004. For the full year 2005, net loss was $510,000, compared to net income of $152,000 for the full year 2004. Net revenues for the fourth quarter of 2005 were $4,466,000, compared to $4,613,000 from the same period of the previous year. Net loss for the fourth quarter of 2005 was $403,000, compared to net income of $23,000 for the fourth quarter of 2004.
