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Corporate Profile for IVAX Diagnostics, Inc., Dated May 25, 2001.


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--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-


Published Date:   May 25, 2001

Company Name:     IVAX Diagnostics, Inc.

Address:          2140 North Miami Avenue
                  Miami, FL  33127

Main Telephone
 Number:          305-324-2300

Internet Home
 Page Address
  (URL)           www.ivaxdiagnostics.com

Chief Executive
 Officer:         Giorgio D'Urso

Chief Financial
 Officer:         Mark Deutsch

Investor Relations
 Contact:         Duane M. Steele
 Business number: 305-324-2338
 E-mail address:  investor_relations@ivaxdiagnostics.com

Public Relations
 Contact:         Duane M. Steele
 Business number: 305-324-2338
 E-mail address:  duane_steele@ivax.com

Industry:         Medical diagnostics

Trading Symbol/
 Exchange:        IVD/AMEX


Company description: IVAX IVAX Industrial Vax (Dec Computer)  Diagnostics (1) Software routines that test hardware components (memory, keyboard, disks, etc.). Diagnostics are often stored in ROM chips and activated on startup.

(2) Error messages in a programmer's source code that refer to statements or syntax that the compiler or assembler
, Inc. was created as a result of the merger on March 14, 2001 between b2bstores.com, Inc. and the diagnostic business subsidiary within IVAX Corporation IVAX Corporation was a United States public corporation focused on manufacturing and distributing generic pharmaceutical products. Ivax was acquired by the Israeli company Teva Pharmaceutical Industries in January 2006. External links
  • Ivax Pharmaceuticals homepage
. Revenues for the fiscal year ended December 31, 2000 were $11.8 million and operating income Operating Income

The profit realized from a business' own operations.

Notes:
This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit.
 for the same period was $161,585. Dr. Phillip Frost, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of IVAX Corporation, will serve as Chairman of IVAX Diagnostics and Giorgio D'Urso will serve as President and CEO. IVAX Corporation is the largest shareholder, owning approximately 70% of the new company.

IVAX Diagnostics, Inc. is headquartered in Miami, Florida “Miami” redirects here. For the Native American tribe, see Miami tribe.

Miami is a major city in southeastern Florida, in the United States. It is the county seat of Miami-Dade County. Miami is a gamma world city with an estimated population of 404,048.
 and develops, manufactures and markets proprietary diagnostic reagents, instrumentation instrumentation, in music: see orchestra and orchestration.
instrumentation

In technology, the development and use of precise measuring, analysis, and control equipment.
 and software in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Italy through its three subsidiaries; Diamedix Corporation, Delta Biologicals S.r.l. and ImmunoVision, Inc.
-- Diamedix Corporation (www.diamedix.com) develops and manufactures in vitro
diagnostics kits that it markets in conjunction with its MAGO(R) instruments
for use in clinical and hospital laboratories.

-- ImmunoVision, Inc. (www.immunovision.com) develops, manufactures and markets
autoimmune reagents and research products for use in clinical laboratories,
research laboratories and other diagnostic manufacturing companies.

-- Delta Biologicals, S.r.l. (www.deltabiologicals.it) develops scientific
instrumentation, manufactures the MAGO(R) instruments and distributes in vitro
diagnostic products to public hospitals and private medical laboratories in
Italy.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 25, 2001
Words:337
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