Biovail Announces Third-Quarter 2007 Earnings Release, Conference-Call Details

    TORONTO, October 25 /CNW/ - Biovail Corporation (NYSE:  BVF)(TSX:BVF) today
announced that it will host a conference call and Webcast on Thursday,
November 8, 2007, at 8:30 a.m. EST, for Company executives to discuss
third-quarter 2007 financial and operational results.

    Following the discussion, Biovail executives will address inquiries from
investment analysts.

    A live Webcast of this call will be available through the Investor
Relations section of Biovail's Web site at To access the call
live, please dial 416-641-6136 (Toronto and International callers) and
1-866-225-9256 (U.S. and Canada). Listeners are encouraged to dial in 10
minutes before the call begins to avoid delays.

    A replay of the conference call will be available until 7 p.m. EST on
Thursday, November 15, 2007, by dialing 416-695-5800 (Toronto and
International callers) and 1-800-408-3053 (U.S. and Canada), using access
code, 3240214#.

    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

    For further information, please contact Nelson F. Isabel at 905-286-3000
or send inquiries to

For further information:

For further information: Biovail Corporation Nelson F. Isabel,
905-286-3000 Vice-President, Investor Relations & Corporate Communications

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