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Biovail investors approve incumbent director slate

Fri Aug 8, 2008 10:41am EDT
 
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TORONTO, Aug 8 (Reuters) - The shareholders of drugmaker Biovail Corp (BVF.TO: Quote, Profile, Research, Stock Buzz) (BVF.N: Quote, Profile, Research, Stock Buzz) approved its incumbent slate of directors during a vote on Friday.

Late last month, Biovail founder Eugene Melnyk said he was abandoning his plan to oust the company's board and elect his own slate of directors. (Reporting by Scott Anderson, writing by Wojtek Dabrowski; editing by Peter Galloway)

 

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