Alan Phillip Cohen (born October 5, 1954) is an American businessman, best known for his ownership of the Florida Panthers hockey team and his founding of several generic pharmaceutical companies, most notably the Davie, Florida-based Andrx Corp. Cohen.
In 1984, he founded the drug distribution firm Best Generics Inc.[1] and sold it to Florida's Ivax Corporation in 1988 for $10 million although he stayed on as President until 1990.
In 1996, the company went public at $12 and its stock eventually soared as high as $400 a share split adjusted.
Four years later, he sold it for $235 million to Actavis Group, an international generic drug company in Iceland.
One of his horses, Wait A While, competed in a Breeder's Cup race at Churchill Downs in 2006.