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24 Aug, 2006 9:58 pm by Aaron Barkoff
... XL. Wellbutrin XL is an extended release version of the popular Wellbutrin (bupropion hydrochloride) antidepressant that is manufactured by Biovail Corporation for GlaxoSmithKline. GSK faces suit for alleged antitrust violations related to Wellbutrin SR, a ... drugs, and instead withholds its decisions on such petitions until after it approves the generic version. Biovail argues that this FDA practice deprives the courts of the opportunity to timely review FDA decisions on citizen petitions, ...
Orange Book Blog - http://www.orangebookblog.com/
19 May, 2008 11:19 am by Stephen Albainy-Jenei
... (high blood pressure), angina (chest pain), and certain heart rhythm disorders. In 2003, an administrative inquiry reported that Biovail planned to offer doctors $1,000 to write 15 prescriptions for Cardizem LA, then complete a report on each ... to get full releases for all matters related to the DOJ's investigation. The agreement eliminates any criminal liability for Biovail Corporation arising from this matter, and preserves the Company's ability to conduct business in the United States. Without ...
Patent Baristas - http://www.patentbaristas.com/
28 Mar, 2008 10:56 am
Canadian drug company Biovail Corporation has agreed to pay $10 million to settle federal regulators' charges of civil accounting fraud and deceiving investors and analysts, reported Marcy Gordon for Associated ... Miszuk. The Ontario Securities Commission also has charges pending against the four executives. Gordon reported on the charges as follows: Biovail and senior executives "engaged in a pattern of systemic, chronic fraud" that distorted its quarterly and annual reports filed over four years ...
California Biotech Law Blog - http://www.californiabiotechlaw.com/
17 Sep 12:53 am by Ben Vernia
... implemented a program called "PLACE," under which it paid physicians for enrolling patients and completing a brief questionnaire. Biovail Pharm., LLC, pleaded guilty to a single count of conspiracy (under 18 USC § 371), a single count ... The press release states that "[t]he investigation of this matter did not implicate the current management team of Biovail Corporation in the conduct described in the Information." The case was handled by AUSA Sara Bloom in Boston. Full disclosure: While working ...
False Claims Counsel - http://www.falseclaimscounsel.com/wordpress
4 Dec, 2007 9:28 pm by Donald Zuhn
By Sherri Oslick -- Biovail Laboratories International SRL, a subsidiary of Biovail Corporation, and Watson Pharmaceuticals, Inc., have announced that they have reached a settlement agreement in Biovail's lawsuit against Andrx Pharmaceuticals, Inc., a subsidiary of Watson. The lawsuit was filed following a paragraph IV certification as part of Andrx's...
Patent Docs - http://patentdocs.typepad.com/patent_docs/
30 Aug, 2007 4:55 pm
The American Lawyer (September 2007) has a feature article (including a sidebar and a timeline) on the twists and turns in the securities litigation surrounding Biovail Corporation. Biovail is Canada's largest publicly traded drugmaker and has been both defending itself...
The 10b-5 Daily - http://www.the10b-5daily.com/
11 Dec, 2007 4:17 pm
Biovail Corporation (NYSE: BVF) (TSX: BVF), an Ontario-based specialty pharmaceutical company, has announced the preliminary settlement of the securities class action pending against the company in the S.D. of New York. Originally filed in 2003, the case stems from allegations...
The 10b-5 Daily - http://www.the10b-5daily.com/
24 Apr, 2008 7:40 pm
Biovail Corporation (NYSE: BVF and TSX: BVF), an Ontario-based specialty pharmaceutical company, has announced the tentative settlement of the securities class action pending against the company in Ontario Superior Court. The case, originally filed in September 2005, relies on the...
The 10b-5 Daily - http://www.the10b-5daily.com/
11 Jan, 2007 2:52 pm by Aaron Barkoff
... own generic Wellbutrin XL, 300 mg. Wellbutrin XL is an extended release version of Wellbutrin, the popular antidepressant manufactured by Biovail for GlaxoSmithKline, and had over $1 billion in sales last year. In response to the Impax approval and ... and misleadingly implies that the generic product was tested for risk of seizures, while the FDA and intervenors assert that Biovail's motion is an attempt to inappropriately extend its monopoly on Wellbutrin XL. The court has not yet decided Biovail's ...
Orange Book Blog - http://www.orangebookblog.com/
1 Apr 4:15 am
... the capital reserve requirement - Betting the bank and putting the shareholders at risk. Bail-out of Corporate America - Buying votes and other campaign contribution schemes like using federal ... LR-20964 Mar. 20, 2009 Mercury Interactive, LLC (f/k/a Mercury Interactive Corporation), Amnon Landan, Sharlene Abrams, Douglas Smith, and Susan Skaer Other Release ... Feb. 18, 2009 William L. Walters LR-20903 Feb. 17, 2009 Biovail Corporation, Eugene Melnyk, Brian Crombie, John Miszuk, and Kenneth G. Howling ...
Des Moines Personal Injury Lawyer - http://desmoines.injuryboard.com/
24 Apr, 2008 6:04 pm by Tracy Coenen
... and other matters. The other publicly traded issuer about whom Gradient was critical and who also filed a retaliatory lawsuit against Gradient (Biovail Corporation), recently paid $10 million to settle SEC accounting fraud charges, and four of its former senior executives continue to face pending charges from the SEC. Both Biovail and these same former senior executives also remain under investigation by the Ontario Securities Commission. About Gradient ...
Tags: Scam, Busting
The FRAUDfiles Blog - http://www.sequence-inc.com/fraudfiles
29 Sep 3:05 am by Neal Fortin
... Anniversary Trivia by Kurt Karst. My favorite part is the exchange between Judge Roger W. Titus, U.S. District Court for the District of Maryland, and Gerald C. Kell from the Department of Justice (December 21, 2006) in Biovail Corporation. v. FDA: THE COURT: [After asking detailed questions about the Federal Food, Drug, and Cosmetic Act.] All right. There's a special place in Hell where they torture people who write things like this. For 14 ...
Food Law Blog (US) - http://foodlawblog.foodlaw.org/
8 Apr, 2008 12:30 pm
... and ordered defendants to answer a "document retention questionnaire" and produce documents in native format. In response that order, Biovail proceeded with the search protocol it had previously proposed, using the search terms (i) Treppel, (ii) Jerry, (iii) ... noted that, although the general counsel claimed to have instructed two key players (Biovail's CEO and VP of Finance and Corporate Affairs) to preserve ESI in 2003, it was unclear at what point the two actually began preserving evidence or ...
Tags: Case, Summaries
Electronic Discovery Law - http://www.ediscoverylaw.com/
25 Mar, 2008 12:58 am
... to oversee its accounting. SEC charges remain pending against several past and present Biovail executives. Today, No Bribe Is Too Small Legal Times Not long ago, it took multimillion-dollar payments delivered by corporations to lofty government officials to ... vigilantly to prevent inappropriate payments, whether in the guise of gifts, charitable contributions, grease payments or "corporate tipping," advises TRACE International's Alexandra Wrage. Visit In-House Counsel E-Discovery ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
12 Dec, 2007 12:08 am
... in the United States. The proposed settlement class includes, with some exceptions, everyone who bought stock in Toronto-based Biovail during the period from Feb. 7, 2003, to March 2, 2004. The class action lawsuit accused the firm, ... Law Firm How Companies Are Managing With Monitorships Special to Law.com The appointment of independent monitors, almost unheard of for mainstream corporations 15 years ago, has lately played out with increasing frequency. Supporters of monitorships say they ensure ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
27 Mar, 2008 12:57 am
... testimony, was premised on a faulty application of the U.S. Supreme Court's 1993 Daubert decision. Biovail Drops Howrey, Relies on Curtis Mallet to Settle SEC Charges The American Lawyer Shortly after the SEC launched ... The mobile phone giant announced Wednesday that it expects the transaction to take place sometime in 2009. A spokesperson for Wachtell confirmed that corporate partners Patricia Vlahakis and Gregory Ostling are working on the matter for Motorola, the world's third-largest cell phone ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
14 Oct, 2008 10:44 pm
... for the period 2003 through 2007, due to the company's sales return reserve calculation. 3. BiovailBiovail, a Canadian corporation, is no stranger to U.S.-style securities class action litigation. As reflected here ...
The D & O Diary - http://www.dandodiary.com/
4 Jun, 2008 7:41 pm by Tracy Coenen
... up critics. Overstock.com (NASDAQ:OSTK), CEO Patrick Byrne, and in-house cyberstalker Judd Bagley are notorious for harassing and intimidating critics of the company's business methods and financial reporting. This is also no different than the Biovail lawsuit against Gradient Analytics for a negative (and completely accurate) report Gradient put out about the company. Oh, and Overstock sued Gradient too for saying that their crappy company is, indeed crappy. Companies are trying to intimidate ...
Tags: Busting, Scam
The FRAUDfiles Blog - http://www.sequence-inc.com/fraudfiles
28 Aug 8:11 am by Karen E. Keller
... Life Technologies Corp. v. Bio-Rad Laboratories, Inc. (patent infringement) 8/13: Biovail Laboratories International SRL v. Cary Pharmaceuticals Inc. (patent infringement) 8/13: ... /21: LadaTech LLC v. Illumina Inc. (patent infringement) 8/21: Congoluem Corporation v. Cryntel Enterprises Ltd. Inc. (patent infringement) 8/21: Aventis Pharama S ... . Dayco Products LLC (trademark infringement) 9/4: Hospira Inc. and Orion Corporation v. Sandoz International GmbH and Sandoz Inc. (patent infringement) 9/4: ...
Delaware IP Law Blog - http://www.delawareiplaw.com/
19 Mar, 2007 1:26 am
... Corporate Counsel, says she's heard disgusted buzzing among corporate counsel about the recent first-year associate pay hikes, but there's been no hint ... used privileged documents to bring a case against several hedge funds on behalf of Biovail Pharmaceuticals. Gary Svirsky, a partner at O'Melveny & Myers who represents B of ... 's presidential campaign flexes its fundraising muscles, San Francisco Bay Area corporate lawyers are doing much of the heavy lifting. Obama has already won the support of ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
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