MGCR 211 Study Guide - Final Guide: Acehnese Language, Circuit City Corporation, Bupropion
Document Summary
For each of the next 15 multiple choice questions, circle your answer directly on the questionnaire. The following has been extracted from a complaint filed against a corporation by the. Securities and exchange corporation in the united states. This case involves chronic fraudulent conduct - including financial reporting fraud and other intentional public misrepresentations - by biovail corporation, a canadian pharmaceutical company whose common stock is traded on the new york and toronto stock exchanges. Two transactions are alleged to have been improper: A new entity, pharmaceutical technologies corp. (known as pharmatech), was founded by a party unrelated to biovail. Biovail transferred to this company its r&d activities related to a new drug. Despite the fact that research and development costs were expected to be in the tens of millions of dollars for this new drug, with some estimates as high as million,