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Weighing Biovail's Claims

 

This is a bonus story from Adam Feuerstein, whose biotech coverage usually runs only on RealMoney. We're offering it today to TheStreet.com readers. To read Adam's commentary every day, click here for information on a free trial to RealMoney.

It has faded from the headlines, but controversy still dogs the Oct. 1 traffic accident involving a Biovail (BVF) delivery truck and its shipment of antidepressants. New information obtained by RealMoney.com suggests the Canadian drugmaker overestimated the value of that cargo.

These are not the first questions raised about Biovail's truck accident and probably not the last: The company is scheduled to present at the JP Morgan Healthcare conference at 4:30 p.m. PST Wednesday, and attendees are likely to press for more information about the incident. ...

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