Biovail Corporation Declares Quarterly Dividend

TORONTO--(BUSINESS WIRE)--Aug. 10, 2006--Biovail Corporation (NYSE:BVF)(TSX:BVF) today announced that the Company’s Board of Directors has declared a cash dividend of US$0.125 per share payable on September 1, 2006, to shareholders of record at the close of business on August 18, 2006.

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