Biovail Corporation Announces Mailing and Filing of Management Proxy Circular

TORONTO--(BUSINESS WIRE)--Biovail Corporation (NYSE:BVF)(TSX:BVF) today announced that it has mailed to shareholders its Notice of Meeting, Management Proxy Circular and Form of Proxy in connection with the Company’s Annual Meeting of Shareholders to be held on June 25, 2008. The Management Proxy Circular has been filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov) and is available on Biovail’s website (www.biovail.com).