Biovail Acquires Pharma

On December 11, 2002, Mississauga, Ontario-headquartered Biovail Corporation acquired Irvine, California-based Pharma PASS LLC, and Pharma PASS SA, based in France, both of which belong to the Pharma PASS group. Pharma PASS is a developer of advanced oral controlled release technologies and formulations. Both companies were purchased for a total purchase price of approximately US$190 million.

Biovail was represented in-house by Mark Thompson, associate general counsel; in Canada, by Osler, Hoskin & Harcourt LLP with a team that included Doug Marshall and François Janson (corporate) and Richard Tremblay and Julie Colden (tax); in the U.S., by Bill Schrieber of Fenwick & West LLP; and in France, by Pascal Chadenet and Jérome Gandon of Salans. Pharma PASS was represented by Harold Nelson of Nelson and Associates.

Lawyer(s)

Richard G. Tremblay François Janson William (Bill) Schreiber Julie A. Colden Gary H. Nelson Jérome Gandon Pascal Chadenet Douglas R. Marshall

Firm(s)

Osler, Hoskin & Harcourt LLP Osler, Hoskin & Harcourt LLP Fenwick & West LLP Salans Nelson Law