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Article: Biovail Reports Third-Quarter 2009 Financial Results.
- Article from:
- Biotech Week
- Article date:
- November 18, 2009
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Biovail Corporation (NYSE/TSX: BVF) announced financial results for the three-month and nine-month periods ended September 30, 2009. To the extent that this news release contains forward-looking statements, investors are cautioned that these statements are based on the Company's current views, and actual outcomes are not certain. For more information, see the note on forward-looking information following the conference-call details at the end of this news release (see also Biovail Corporation).
"Biovail produced strong cash flows from operations in the third quarter, which allowed us to reduce long-term debt by $75 million. We also completed our fifth business ...