SCHEDULE 14A INFORMATION
Proxy Statement Pursuant To Section 14(a) Of
The Securities Exchange Act Of 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]
Check the appropriate box:
[_] Preliminary Proxy Statement
[_] CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY
RULE 14A-6(E)(2))
[_] Definitive Proxy Statement
[_] Definitive Additional Materials
[X] Soliciting Material Pursuant to Section 240.14a-12
ICN Pharmaceuticals, Inc.
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(Name of Registrant as Specified in its Charter)
N/A
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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[X] No fee required.
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[_] Fee paid previously with preliminary materials.
[_] Check box if any part of the fee is offset as provided by Exchange Act
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The following is the text of an advertisement prepared by ICN
Pharmaceuticals, Inc. and appearing in the Tuesday April 9, 2002 edition of
the Wall Street Journal.
[Logo of ICN Pharmaceuticals]
ICN Pharmaceuticals, Inc.
THE ICN BOARD
PERFORMANCE, VISION, INDEPENDENCE
PERFORMANCE - guiding management through another year of record performance...
REVENUES* (Bar Graph)
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20% FIVE YEAR COMPOUNDED
ANNUAL GROWTH RATE
1996 $347M
1997 $527M
1998 $696M
1999 $747M
2000 $800M
2001 $858M
OPERATING INCOME* (Bar Graph)
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34% FIVE YEAR COMPOUNDED
ANNUAL GROWTH RATE
1996 $43M
1997 $65M
1998 $121M
1999 $199M
2000 $184M
2001 $189M
VISION - moving the biotechnology restructuring forward through difficult
economic and market conditions with a spin-off to ICN shareholders
scheduled this year.
INDEPENDENCE - in 42 years, 37 out of 40 directors have been non-insiders.
DELIVERING SHAREHOLDER VALUE
*Excludes Yugoslavia and Eastern European Charges
ICN stockholders are strongly advised to read the proxy statement relating
to ICN's 2002 annual meeting of stockholders when it becomes available, as
it will contain important information. Stockholders will be able to obtain
this proxy statement, any amendments to the proxy statement and other
documents filed by ICN with the Securities and Exchange Commission for free
at the Internet website maintained by the Securities and Exchange
Commission at www.sec.gov. In addition, ICN will mail the proxy statement
to each stockholder of record on April 9, 2002. ICN will also make
additional copies of the proxy statement and any amendments to the proxy
statement available for free to ICN's stockholders. Please direct your
request for the proxy statement to Investor Relations, ICN Pharmaceuticals,
Inc., 3300 Hyland Avenue, Costa Mesa, California 92626, telephone (714)
545-0100, extension 3013.
ICN, its executive officers and directors may be deemed to be participants
in the solicitation of proxies for ICN's 2002 annual meeting of
stockholders. Information regarding these participants is contained in a
filing under Rule 14a-12 filed by ICN with the Securities and Exchange
Commission on April 4, 2002.
This contains forward-looking statements that involve risks and
uncertainties, including but not limited to, projections of future sales,
operating income, returns on invested assets, regulatory approval
processes, and other risks detailed from time to time in the Company's
Securities and Exchange Commission filings.