IVAX CORP /DE
8-K, 1998-02-27
PHARMACEUTICAL PREPARATIONS
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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (date of earliest event reported): FEBRUARY 27, 1998

                                IVAX CORPORATION

                  4400 BISCAYNE BOULEVARD, MIAMI, FLORIDA 33137

                                  305-575-6000

<TABLE>

<S>                                    <C>                        <C>

Incorporated under the laws of the     Commission File Number     I.R.S. Employer Identification Number

         STATE OF FLORIDA                      1-09623                       16-1003559
</TABLE>

<PAGE>



ITEM 5.           OTHER EVENTS.

         On February 27, 1998, IVAX Corporation issued a press release
announcing that its 1998 annual meeting of shareholders will be held on June 5,
1998 and that any shareholder proposals intended to be presented at the meeting
must be received by IVAX no later than April 1, 1998. A copy of the press
release is attached as Exhibit 99.1 to this Current Report on Form 8-K and
incorporated herein by reference.

ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS

         (c)      Exhibits.

                  99.1   Press Release of IVAX Corporation dated February 27, 
                         1998.



<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                      IVAX CORPORATION


                                      \S\ ARMANDO A. TABERNILLA
                                      -------------------------
                                      Armando A. Tabernilla
                                      Senior Vice President and General Counsel

Date:    February 27, 1998

                                      -2-
<PAGE>

                                 EXHIBIT INDEX


Exhibit                                     Description
- -------                                     -----------
99.1                  Press Release of IVAX Corporation dated February 27, 1998


                                                                    EXHIBIT 99.1

                  IVAX ANNOUNCES ANNUAL MEETING OF SHAREHOLDERS

         MIAMI, February 27, 1998 -- IVAX Corporation (AMEX:IVX) today announced
that its annual shareholders meeting will be held on June 5, 1998. Any
shareholder proposals intended to be presented at the meeting must be received
by the company's secretary no later than April 1, 1998 in order to be considered
for inclusion in IVAX's proxy statement in connection with its annual meeting.

         IVAX Corporation, headquartered in Miami Florida, is a holding company
with core subsidiaries engaged in the research, development, manufacture and
marketing generic and branded pharmaceuticals.


                                 CONTACT:

                                  Robert Jaffe
                                  Director,
                                  Corporate Communications
                                  IVAX Corporation
                                  305-575-6041


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