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OMB Number 3235-0104
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
Bergen Brunswig Corporation
4000 Metropolitan Drive
Orange, California 92668
2. Date of Event Requiring Statement(Month/Day/Year)
11/10/96
3. IRS or Social Security Number of Reporting Person (Voluntary)
22-1444512
4. Issuer Name and Ticker or Trading Symbol
IVAX Corporation (AMEX: IVX)
5. Relationship of Reporting Person to Issuer (Check all applicable)
(Check all applicable)
___ Director X 10% Owner
___ Officer (give title below) ___ Other (specify below)
______________________________
6. If Amendment, Date of Original (Month/Day/Year)
N/A
7. Individual or Joint/Group Filing
(Check Applicable Line)
X Form filed by One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
<TABLE>
<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr.4) Beneficially Owned Form: Direct (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
<S> <C> <C> <C>
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<PAGE>
TABLE II--Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
1. Title of 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
Derivative Security Exercisable Derivative Security sion or ship Beneficial Ownership
(Instr. 4) and Expira- (Instr. 4) Exercise Form of (Instr. 5)
tion Date Price of Deriva-
(Month/Day/ Deri- tive
Year) vative Security:
Security Direct
(D) or
Date Expira- Title Amount Indirect
Exer- tion or (I)
cisable Date Number (Instr. 5)
of
Shares
<S> <C> <C> <C> <C> <C> <C> <C>
Option to purchase Common
Stock * * Common Stock, 30,177,342 $12.375 I Stock Option Agreement*
par value $.10
per share
</TABLE>
Explanation of Responses:
* Option is exercisable, in whole or in part, upon occurrence of "Exercise
Event" (as defined in the Stock Option Agreement, dated as of November 10,
1996 (the "Stock Option Agreement"), between Bergen Brunswig Corporation
and IVAX Corporation) and prior to the Termination Date (as defined in the
Stock Option Agreement)
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
BERGEN BRUNSWIG
CORPORATION
By /s/ Milan A. Sawdei
Executive Vice President,
Chief Legal Officer and
Secretary November 20, 1996
- ---------------------------------- ---------------------
**Signature of Reporting Person Date
