Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On June 15, 2009, the Compensation Committee and the Board of Directors of IVAX Diagnostics, Inc. (the "Company") jointly approved the forms of nonqualified stock option award agreements attached hereto as Exhibits 10.1 and 10.2, which set forth the standard terms and conditions of stock option grants which may be made to the Company's employees and independent directors, respectively, under the IVAX Diagnostics, Inc. 2009 Equity Incentive Plan.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibit 10.1 Form of Nonqualified Stock Option Award Agreement (Employee)

Exhibit 10.2 Form of Nonqualified Stock Option Award Agreement (Independent Director)

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