Frost was Chairman of the Department of Dermatology, Mt. Sinai Medical Center of Greater Miami, from 1972 to 1990. With Mike Jaharis, the two acquired Key Pharmaceuticals in 1972, ran the company until 1986, selling it to Schering-Plough for $600M. Frost's share of the take was $100M, but most of his wealth derives from the pharmaceutical company he founded, IVAX, a manufacturer of generic drugs (their patents expired), later sold to Israeli firm Teva Pharmaceuticals. He is listed #278 on the list of wealthiest Americans, with an estimated net worth of $1.2B.
[1] Per Mother Jones, $450,000 soft money given to the Democratic Party.
Wife: Patricia (elementary school principal)
University: BA French Literature, University of Pennsylvania (1957)
Medical School: MD, Albert Einstein College of Medicine (1961)
Professor: Dematology, School of Medicine, University of Miami Florida (1966-72)
Administrator: Trustee, University of Miami Florida
Administrator: Trustee, Scripps Research Institute (2004-)
Teva Pharmaceutical Industries Vice Chairman (2006-)
IVAX Corporation CEO (1987-2006)
Member of the Board of American Stock Exchange
Member of the Board of Continucare Corporation
Member of the Board of IVAX Corporation (as Chairman, 1987-2006)
Member of the Board of Key Pharmaceuticals, Inc. (as Chairman, 1972-86)
Member of the Board of North American Vaccine, Inc.
Member of the Board of Northrop Grumman (1996-)
Smithsonian Institution Board of Regents
Democratic Senatorial Campaign Committee
Gore 2000
John McCain 2008
New Leadership for America PAC
