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Biovail Labs International was a key subsidiary of Biovail Corporation, a Canadian specialty pharmaceutical company focused on the formulation and commercialization of drug products using advanced drug-delivery technologies. The company specialized in controlled-release oral dosage forms, allowing for improved efficacy and patient compliance. Its portfolio included significant products such as Wellbutrin XL for depression and Ultram ER for pain management. In 2010, Biovail merged with Valeant Pharmaceuticals in a multi-billion dollar deal, eventually becoming part of what is now Bausch Health. The company was widely recognized for its proprietary delivery platforms, including FlashDose and Smartcoat, which enabled the development of complex generic and branded pharmaceuticals.
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