Adam Feuerstein

Weighing Biovail's Claims

 

Using the same formula as above, this analysis yielded an estimate of 8.8 million Wellbutrin XL pills on the truck, equal to end-user sales of $25.1 million and Biovail royalty revenue of $4.2 million.

On Tuesday, Biovail shares rose 5 cents, or 0.2%, to $22.69. That's about 56% below the stock's 52-week high, reached prior to the truck accident that's still very much in question.

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Adam Feuerstein writes regularly for RealMoney.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He invites you to send your feedback.

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