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CANADA - JUNE 25: Eugene Melnyk, founder of Biovail Corp, speaks at a news conference to announce the launch of Trimel Pharmaceuticals in Toronto, Ontario, Canada, on Wednesday, June 25, 2008. Biovail Corp.'s disputed board election will land in a Canadian court, extending the drugmaker's battle for control with founder Melnyk at least until a July 8 hearing. (Photo by Norm Betts/Bloomberg via Getty Images)

CANADA - JUNE 25:  Eugene Melnyk, founder of Biovail Corp, speaks at a news conference to announce the launch of Trimel Pharmaceuticals in Toronto, Ontario, Canada, on Wednesday, June 25, 2008. Biovail Corp.'s disputed board election will land in a Canadian court, extending the drugmaker's battle for control with founder Melnyk at least until a July 8 hearing.  (Photo by Norm Betts/Bloomberg via Getty Images)