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Biovail Files Amended 2006 Annual Report on Form 20-F with United States Securities and Exchange Commission.


TORONTO -- Biovail Corporation (NYSE NYSE

See: New York Stock Exchange
, TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
: BVF BVF Biovail Corporation (stock symbol)
BVF Berufsverband der Frauenärzte eV (Muenchen, Germany)
BVF Bearing Versus Frequency
) announced today that the Company has filed an amended 2006 Annual Report on Form 20-F with the United States Securities and Exchange Commission to reflect amended and restated financial information, as previously announced.

A copy of Biovail's amended 2006 Annual Report on Form 20-F is available on the Company's Web site at www.biovail.com.

Shareholders who wish to receive a hard copy of Biovail's completed audited financial statements free of charge should contact the Company at (905) 286-3000 and ask for Investor Relations Investor relations

The process by which the corporation communicates with its investors.
. Alternatively, shareholders can forward their request by EMAIL See e-mail. , including their mailing co-ordinates, to ir@biovail.com.

About Biovail Corporation

Biovail Corporation is a specialty pharmaceutical company, engaged in the formulation, clinical testing, registration, manufacture, and commercialization of pharmaceutical products utilizing advanced drug-delivery technologies. For more information about Biovail, visit the Company's Web site at www.biovail.com.

For further information, please contact Nelson F. Isabel at 905-286-3000 or send inquiries to ir@biovail.com.
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Publication:Business Wire
Date:Jun 1, 2007
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