Order: In the Matter of Biovail Corporation et al.
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, as amended
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BIOVAIL CORPORATION, EUGENE N. MELNYK,
BRIAN H. CROMBIE, JOHN R. MISZUK AND KENNETH G. HOWLING
ORDER
R.S.O. 1990, c. S.5, as amended
- and -
BIOVAIL CORPORATION, EUGENE N. MELNYK,
BRIAN H. CROMBIE, JOHN R. MISZUK AND KENNETH G. HOWLING
ORDER
WHEREAS, on March 24, 2008, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing and related Statement of Allegations (the “Notice of Hearing”) against Biovail Corporation (“Biovail”), Eugene N. Melnyk (“Melnyk”), Brian H. Crombie (“Crombie”), John R. Miszuk (“Miszuk”) and Kenneth G. Howling (“Howling”) (the “OSC Proceeding”);
AND WHEREAS the Commission has approved settlement agreements reached with Biovail, Miszuk, Howling and Crombie;
AND WHEREAS the OSC Proceeding is continuing as against Melnyk;
AND WHEREAS Staff of the Commission and Melnyk are currently relying on 213 documents in the OSC Proceeding (the “Hearing Documents”);
AND WHEREAS GSK was afforded the opportunity to review the Hearing Documents for GSK confidentiality concerns;
AND WHEREAS GSK brought a motion for confidential treatment over certain of the Hearing Documents listed at Schedule “A” hereto (the “Schedule “A” Documents”)(the “GSK Motion”);
IT IS HEREBY ORDERED that:
- The GSK Motion is dismissed.
- The Schedule “A” Documents shall only be made available to the public at the close of the OSC Proceeding in redacted form, as provided to the parties as part of the GSK Motion.
- GSK shall be afforded the right to appear and be heard at the conclusion of the OSC Proceeding regarding matters arising during the hearing and matters arising out of the hearing, including but not limited to, issues relating to GSK confidentiality, other than those issues determined on the GSK Motion.
- Transcripts of the OSC Proceeding shall only be made available to the public at the conclusion of the OSC Proceeding, after GSK has been afforded a reasonable opportunity to appear and be heard regarding any confidentiality issues arising therefrom.
- The Commission, Melnyk and his counsel, Staff of the Commission, the United States Securities and Exchange Commission, the parties’ experts, GSK and its counsel, as well as counsel for Crombie, Miszuk and Howling, may obtain transcripts of the OSC Proceeding throughout the OSC Proceeding. Such transcripts shall be kept confidential and not disclosed to any other person or entity until GSK has been afforded a reasonable opportunity to appear and be heard regarding any confidentiality issues arising therefrom.
"James E.A. Turner"
James E.A. Turner
James E.A. Turner
"Paulette L. Kennedy"
Paulette L. Kennedy
Paulette L. Kennedy
"David L. Knight"
David L. Knight
David L. Knight
SCHEDULE “A”
Date | Document | Docid | |
1. | October 26, 2001 | Development, License, and Copromotion Agreement between Biovail Laboratories Incorporated and SmithKline Beecham Corporation | OSCS_131305 |
2. | April 22, 2003 | Purchase Order from GlaxoSmithKline to Biovail Laboratories Inc. | OSCS_004590 |
3. | September 2003(estimate) | WBXL Summary – Q3 Base Forecast + EM Strategy, Production Shipping Schedule and GSK POs | EXH0004309 |
4. | October 23, 2003 | WBXL Value of Shipments | EXH0004093 |
5. | December 3, 2003 – December 4, 2003 | Emails between Dina Khairo and Arlene Fong re: GSK invoices attaching 2003 Wellbutrin XL (GSK) Manufacturing Revenue Sales Gross Margin Detail (Third Party) and 2003 Wellbutrin/Buproprion forecast Q2, Q3 | BVF_290949 |
6. | February 20, 2004 – February 23, 2004 | Emails between Mark Davidson, Brian Crombie, Neil Smith | BVF_02_003685117 |
7. | September 23, 2003 | WBXL 2003 – 2004 Forecast as at September 23, 2003 | OSC EXH0004320 |
8. | December 31, 2003 | WBXL Reconciliation of Trade Product Cost Year to Date December 31, 2003 | |
9. | September 30, 2003 | WBXL Reconciliation of Trade Product Cost Year to Date September 30, 2003 | |
10. | 05/10/2001 | Development, License and Copromotion Agreement | OSCS_099435 |
11. | 05/10/2001 | Development, License and Copromotion Agreement | OSCS_099386 |
12. | 05/10/2001 | Development, License and Copromotion Agreement | OSCS_099342 |
13. | 05/10/2001 | Development, License and Copromotion Agreement | BVF_02_000123179 |
14. | 08/10/2001 | Development, License and Copromotion Agreement | OSCS_099474 |
15. | 08/10/2001 | Development, License and Copromotion Agreement | OSCS_099523 |
16. | 10/10/2001 | Development, License and Copromotion Agreement | BVF_02_001658813 |
17. | 26/10/2001 | Development, License and Copromotion Agreement | EXH0004094 |
18. | 26/10/2001 | Bupropion Development License and CoPromotion Agreement | BVF_02_000298357 |
19. | 26/10/2001 | Zovirax Distribution Rights Agreement | BVF_02_000298366 |
20. | 22/11/2002 | FW: Biovail Request - Wellbutrin/Zyban Data - Nov 22, 2002 | BVF_02_001903296 |
21. | 26/01/2004 | Biovail Q3 2003 10/1/03 Wellbutrin Accident | EYC_HCD_00012287 |
22. | 10/24/2003 | Email from John Miszuk – FW: letter re agmt on invoicing doc. | BVF_02_002367957 |
23. | 02/03/2004 | Letter from John McCleery - Biovail/GSK Development, Supply and Copromotion Agreement (Wellbutrin) – Trade Packaging | BVF_02_000018917 |
24. | September 30, 2003 | Finished Product Shipping Order (Shipment #1000) attaching: - Bill of Lading from Penner International Inc. to GlaxoSmithKline dated September 30, 2003 - Invoice #010-6271 from Biovail Corporation to GlaxoSmithKline dated September 30, 2003 | OSCS_021850 |
25. | September 30, 2003 | Finished Product Shipping Order (Shipment #994) attaching: - Bill of Lading from Penner International Inc. to GlaxoSmithKline dated September 30, 2003 - Invoice #010-6270 from Biovail Corporation to GlaxoSmithKline dated September 30, 2003 | OSCS_021856 |
26. | August 20, 2003 | Email from Carol Chapuis to Neil Smith – FW: End-July Wellbutrin XL Forecast/PO | BVF_02_000009659 |
27. | September 4, 2003 | Email from Neil Smith to Eugene Melnyk – Q3-2003 WBXL Summary Prodn-PO | BF_02_001267474 |