Biovail Corporation Reports Fourth Quarter, Year-End 2005 Financial Results

Biovail Corporation (NYSE:BVF)(TSX:BVF) today announced financial results for the three-month and 12-month periods ending December 31, 2005. To the extent that this press release contains forward-looking statements, investors are cautioned that these are based on our current views, and actual outcomes are not certain. For more information see the note on forward-looking information following the conference call details below.

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