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
[X] Definitive Additional Materials
[_] 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)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[_] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
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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
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
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Following is the text of an advertisement by ICN on May 23, 2001:
TAKE A CLOSER LOOK . . . AT TITO
[PHOTO OMITTED OF FACE]
ICN SHAREHOLDERS: LOOK AT TITO AND HIS NOMINEES
[PHOTOS OMITTED OF PAGES]
WHO IS EDWARD BURKHARDT? His company's stock value dropped 59% from its
high during tenure as Chairman and Chief Executive Officer...left under
pressure...proxy fight to regain control failed
WHO IS STEVEN LEE? His company's stock declined almost 50% in one day last
November under rumors of an investigation of a possible healthcare
fraud...Chariman and Chief Executive Officer of a company with over 60% of
outstanding shares sold short as of April 15, 2001
WHO IS MONTE CARLO MONEY MANAGER TITO TETTAMANTI? Who are his investors in
SSP? Why isn't he running for the ICN board himself?
LOOK AT THE INDEPENDENT ICN NOMINEES:
[x] Kim Campbell. Harvard Visiting Professor, Former Prime Minister
of Canada
[x] Ray Irani. Chairman and Chief Executive Officer of a Fortune 500,
$11 billion global company
[x] Charles Manatt. Former Chairman of First Los Angeles Bank,
Former Director of Federal Express and COMSAT, Former U.S.
Ambassador and Founder of a leading national law firm.
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Look at ICN Stock Performance:
One Year Return 21% Five Year Return 59% Ten Year Return 967%
Cumulative return based on the stock price as of close
of business 12/29/00 excluding dividend reinvestment
THE CHOICE IS CLEAR. VOTE FOR INDEPENDENCE, QUALITY AND EXPERIENCE...
VOTE FOR THE ICN NOMINEES
Vote the "White" Proxy for ICN. Discard the Gold Proxy. To Change
Your Vote to White Call Georgeson Shareholder 1-800-223-2064
ICN stockholders are strongly advised to read the proxy statement relating
to ICN's 2001 annual meeting of stockholders, as it contains important
information. Stockholders can obtain this proxy statement, any amendments
to the proxy statement and other documents filed by ICN with the Securities
and Exchange Commission without charge at the Internet website maintained
by the Securities and Exchange Commission at www.sec.gov. In addition, ICN
has mailed the proxy statement to each stockholder of record on the record
date established for the stockholders meeting. ICN will also make
additional copies of the proxy statement and any amendments to the proxy
statement available without charge 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 3104 or to Georgeson Shareholder at
(800) 223-2064.
Following is the text of a mailing to stockholders by ICN on or about
May 23, 2001:
ICN PHARMACEUTICALS, INC.
3300 Hyland Avenue
Costa Mesa, CA 92626
TEL: 800-548-5100 x2403
WEB: www.icnpharm.com
TAKE A CLOSER LOOK . . . AT TITO
[PHOTO OMITTED OF FACE]
ICN SHAREHOLDERS: LOOK AT TITO AND HIS NOMINEES
[PHOTOS OMITTED OF FACES]
You don't want these people on your board...
Take a Closer Look at them...
WHO IS EDWARD BURKHARDT? His company's stock value dropped 59% from its
high during tenure as Chairman and Chief Executive Officer...left under
pressure...proxy fight to regain control failed
WHO IS STEVEN LEE? His company's stock declined almost 50% in one day last
November under rumors of an investigation of a possible healthcare
fraud...Chairman and Chief Executive Officer of a company with over 60% of
outstanding shares sold short as of April 15, 2001
WHO IS THIS MONTE CARLO MONEY MANAGER TITO TETTAMANTI? Who are his investors in
SSP? Why isn't he running for the ICN board himself?
LOOK AT THE INDEPENDENT ICN NOMINEES:
------------------------------------
[x] Kim Campbell. Harvard Visiting Professor, Former Prime Minister
of Canada
[x] Ray Irani. Chairman and Chief Executive Officer of a Fortune 500,
$11 billion global company
[x] Charles Manatt. Former Chairman of First Los Angeles Bank,
Former Director of Federal Express and COMSAT, Former U.S.
Ambassador and Founder of a leading national law firm
The Choice is Clear. Vote for Independence, Quality and Experience... Vote
for the ICN Nominees
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LOOK AT ICN STOCK PERFORMANCE:
One Year Return 21%
Five Year Return 59%
Ten Year Return 967%
IN 1999, THE WALL STREET JOURNAL NAMED ICN BEST PERFORMING
PHARMACEUTICAL STOCK FOR FIVE YEARS
Cumulative return based on the stock price as of close
of business 12/29/00 excluding dividend reinvestment
Vote the "White" Proxy for ICN. Discard the Gold Proxy. To Change
Your Vote to White Call Georgeson Shareholder 1-800-223-2064
ICN stockholders are strongly advised to read the proxy statement relating
to ICN's 2001 annual meeting of stockholders, as it contains important
information. Stockholders can obtain this proxy statement, any amendments
to the proxy statement and other documents filed by ICN with the Securities
and Exchange Commission without charge at the Internet website maintained
by the Securities and Exchange Commission at www.sec.gov. In addition, ICN
has mailed the proxy statement to each stockholder of record on the record
date established for the stockholders meeting. ICN will also make
additional copies of the proxy statement and any amendments to the proxy
statement available without charge 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 3104 or to Georgeson Shareholder at
(800) 223-2064.