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Biotech / Medical
IVAX, Generic Giant
An SI Board Since June 1996
Posts SubjectMarks Bans Symbol
212 0 0 IVX
Emcee:  Jeng Chiu Type:  Unmoderated
Introduction Market Data Compact
No coverage on this generic giant? Well, that ain't right. Since every person who responds from now on will be subjected to this first post, how about a quick introduction: Ivax is a holding company comprised of several smaller drug companies. They make genric drugs, intravenous solutions, and proprietory drugs. They have more FDA approvals than any other generic drug company. Merril Lynch has recently placed Ivax on its focus recommended list calling Ivax an "uncommon value". Last Quarter, Ivax reported .30 / share which beat First Call estimates of .28/share. The stock trades in the 25-30 range and has a P/E ratio of 25.
Ivax has been the subject of Takeover talks as many "big name" drug companies realize the important role Generic drugs will play in the near future. Starting in 1998, many patents will expire and Ivax is set to capitalize on those situations. Unlike Mylan, Ivax has efficent R&D which produces money making generics, including cheaper versions of drugs made by Glaxo Welcome and Bristol Meyers Squib. Because of their stellar track record, Ivax has continually received quick FDA approval, including 18 in 1995.. This is may be a tortoise type investment, but if your'e a long term investor, it can't be beat.....Comments, questions?
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212 Ivax Corp., Abbott Labs Settle Hytrin-Related Litigation Dow Jones Newswires harkenman-4/1/1998
211 Stock price may stay in this range until results are posted --- about August 6.El Swiggum-6/12/1997
210 Creeping up because of positive spin from business press on McGaw sale; to be Mark A. Stang-6/12/1997
209 Anybody notice the steady creep upward in the share price of IVX recently? SeeTCGNJ-6/11/1997
208 "I think it's a good deal." "Hemant Shah, an independent drMark A. Stang-6/2/1997
207 "Smart Money" Prediction re: McGaw sale-- June 1997 Smart Money artiMark A. Stang-5/31/1997
206 IVAX Sells off IV Unit Ivax said Friday that it will sell its McGaw IV productJohn J. Frawley-5/31/1997
205 Hi El: Good to see IVX moving perhaps even faster than I had postulated on thDoug-5/30/1997
204 To John and All This thread has been kind of dead lately (just like the stock)El Swiggum-5/30/1997
203 IVAX is a stock that seems to have very little remaining downside risk. Such John R. Doggette-5/24/1997
202 Hi MD: Thx for that clip. The tide finally turned and it should be steady but pDoug-5/14/1997
201 Thanks for this hopeful piece of info on IVAX. This is the first piece of posiCharles Holewinski-5/14/1997
200 IVAX featured in SMART MONEY Magazine - June 1997 Edition - Article states thatMD Payne-5/13/1997
199 Doug and all, I see we are doing better yesterday and today. I think we are El Swiggum-5/8/1997
198 Hi Aaron:Would appreciate a short summary of that report & the prognosis loDoug-5/8/1997
197 Doug: Check Yahoo, earnings report is now out. AaronAARON DIDICH-5/6/1997
196 Hi El: If there are no losses the next Q (due in May), I believe the worst is bDoug-4/29/1997
195 Hi Doug, I'm in the same boat you are I see (1000 @ 16). I still see thiEl Swiggum-4/28/1997
194 Hi Charles: I have a 1K @ 14 and intend to average down after the next Q reportDoug-4/26/1997
193 Doug, I agree with you, so today, actually yesterday, I purchased 500 shares aCharles Holewinski-4/26/1997
192 Hi Charles: At $6+ IVX seems to have a P/S=0.8 with +$5 cash. I can hardly beDoug-4/25/1997
191 I am fimilar with M.F. but I thought that you might have been talking about anoCharles Holewinski-4/24/1997
190 Charles: I saw that piece in Motley Fool's Ivax #2 BB. Just jump "MoMark A. Stang-4/23/1997
189 Thaks for this nice piece of info on IVAX. This is the first positive thing ofCharles Holewinski-4/23/1997
188 Hi Dennis: Looks like we are nearing the end of our blood letting. Its pretty hDoug-4/23/1997
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