15-12B

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

      CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
                 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR
            SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND
                  15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                                Commission File Number 001-09623

                                IVAX Corporation
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


            4400 Biscayne Boulevard, Miami, FL 33137, (305) 575-6000
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               (Address, including zip code, and telephone number,
                      including area code, of registrant's
                          principal executive offices)

                   All securities listed on Exhibit A hereto.
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                       (Title of each class of securities
                              covered by this Form)

                                      None
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      (Titles of all other classes of securities for which a duty to file
                  reports under section 13(a) or 15(d) remains)


Please place an X in the box(es) to designate the appropriate rule provision(s)
relied upon to terminate or suspend the duty to file reports:

      Rule 12g-4(a)(1)(i)   |_|           Rule 12h-3(b)(1)(i)        |X|
      Rule 12g-4(a)(1)(ii)  |_|           Rule 12h-3(b)(1)(ii)       |_|
      Rule 12g-4(a)(2)(i)   |_|           Rule 12h-3(b)(2)(i)        |_|
      Rule 12g-4(a)(2)(i)   |_|           Rule 12h-3(b)(2)(ii)       |_|
                                          Rule 15d-6                 |_|


Approximate number of holders of record as of the certification or notice date:
See Exhibit A hereto.

Pursuant to the requirements of the Securities Exchange Act of 1934, IVAX
Corporation has caused this certification/notice to be signed on its behalf by
the undersigned duly authorized person.



Date: March 13, 2006                          IVAX CORPORATION


                                              By:  /s/ Steven D. Rubin
                                                 -------------------------------
                                                  Name:   Steven D. Rubin
                                                  Title:  Senior Vice President

EX-99.A

                                    Exhibit A



Security                                               Record Holders
- --------                                               --------------


Common Stock, par value $0.10 per share                     1


Common Stock Purchase Rights                                1


1.5% Convertible Senior Notes due 2024                     1-2


1.875% Convertible Senior Notes due 2024                    1


4.5% Convertible Senior Subordinated Notes due 2008        60