Fourth quarter 2003 product sales revenue was decreased by a $20. 0 million increase in the provision for returns. The deaths of two women being treated with Genentech's Rituxan (rituximab) for systemic lupus erythematosus have been reported to the FDA. Biovail's supply price is based on a percentage of the GSK's net sales of Wellbutrin XL(R), with the price escalating as certain annual net sales thresholds are met.
Has commenced a legal action in its own name, and in the name of SmithKline Beecham Corporation, against two companies that have filed abbreviated new drug applications (ANDAs) with the United States Food and Drug Administration for generic versions of Wellbutrin XL(R) (bupropion hydrochloride extended-release tablets). Biovail filed suit in the United States District Court for the Central District of California against Anchen generic wellbutrin xl pharmaceuticals Inc. , which has submitted an ANDA for generic 150mg and 300mg versions of Wellbutrin XL(R). Europe A better-than-expected German Ifo business climate index boosted stocks generic wellbutrin xl across the Continent, while Italy's Sanpaolo IMI and Banca Intesa shot up after saying they were eyeing a merger. According to sector specialists the latest ruling will hold back generic generic wellbutrin xl versions of GSK's antidepressant well into next year. Biovail Corporation undertakes no obligation to update or revise any forward-looking statement. A POSITIVE court ruling and an upgrade by the heavyweight broker Credit Suisse First Boston gave GlaxoSmithKline shares a welcome boost yesterday. Germany's DAX generic wellbutrin xl added 0. 7 Generic wellbutrin xl per cent, while France's CAC 40 rose 0.
6 per cent. The Nikkei fell 202. 41 points, or 1. 25 per cent, to 15,960. Biovail initiated patent infringement lawsuits against both companies. Anchen obtained approval of its generic Wellbutrin XL product, and in accordance with this agreement, selectively waived its 180-day period of marketing exclusivity in favor of IMPAX Laboratories. The Dow Jones rose 6. 56 points generic wellbutrin xl to 11,304. "Safe Harbor" statement under the Generic wellbutrin xl private Securities Litigation Reform Act of 1995: To the extent any statements made in this news release contain information that is not historical, these statements are forward-looking in nature and express the beliefs and expectations of management. MARKET MOVERS RESULTS BOOST FOR RICEMAN + NUMERICA WARNING + EXPLORATION PLANS LIFT DESIRE + generic wellbutrin xl sirius PROFIT DISAPPOINTMENT TORONTO -- Biovail Corporation (NYSE:BVF)(TSX:BVF) today confirmed that it has received notification that an abbreviated new drug application (ANDA) has been submitted to the U. In the fourth quarter of 2003, Biovail reduced Generic wellbutrin xl its provision for tax contingencies by $12. 0 million that were no longer required due to the resolution of tax uncertainties and incremental Generic wellbutrin xl tax loses in the U. The team of pharmaceuticals sector analysts at the Swiss broker are among the most highly rated in the City.