ARTICLE | Company News

Biovail Corp. International news

November 14, 1994 8:00 AM UTC

The Toronto company entered into an arbitration agreement to acquire the remaining 49.8 percent of the outstanding shares of its Biovail S.A. subsidiary (Zug, Switzerland). BVF will pay its minority shareholder an amount to be determined by an arbitrator, which the company estimates will not exceed $3 million. ...