All Posts Tagged With: "biovail corp"
Biovail Settles with SEC. Three Executives Still under Investigation.
The U.S. Securities and Exchange Commission said on Monday that Canada’s Biovail Corp. will pay $10 million to settle fines stemming from a probe into fraudulent accounting.
The SEC said current and former senior Biovail executives were obsessed with meeting quarterly and annual targets, and they overstated earnings and hid losses to deceive investors.
The SEC [...]
Popularity: 47% [?]
24Mar2008 | PharmaWatchDog | 1 comment | Continued
Biovail faces U.S. grand jury probe on Cardizem
Biovail Corp said on Friday it is being investigated by a U.S. federal grand jury in Boston in connection with the 2003 commercial launch of its Cardizem LA heart drug, and analysts speculated the probe might delve into whether physicians were paid to prescribe the treatment. The company would not [...]
Popularity: 36% [?]
4Feb2008 | PharmaWatchDog | 0 comments | Continued
