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Physician Law Weekly

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Biovail Corporation



Pharmaceutical firm reports changes in corporate governance



June 15th, 2005

Biovail Corporation (BVF) announced that it has made significant improvements to its corporate-governance framework.

These improvements are part of the ongoing governance-enhancement initiative implemented since Executive chairman Eugene Melnyk first announced in June 2004 the company's commitment to increase investor confidence.

"The significant reforms we're reporting today reflect Biovail's commitment to an effective and transparent corporate-governance framework," said Melnyk. "We've achieved a great deal to date, but there's still more we want to accomplish in this area.

"We will continue to evolve our governance practices to...


Source: Physician Law Weekly (2005-06-15)

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