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SHARE-BASED COMPENSATION (Details 2) (USD $)
12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 4 Months Ended 1 Months Ended 7 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Stock options
Dec. 31, 2011
Stock options
Dec. 31, 2010
Stock options
Dec. 31, 2012
Stock options
After merger
Sep. 30, 2010
Stock options
Biovail Employees - Pre Merger
Sep. 30, 2010
Stock options
Valent Employees - Pre Merger
Dec. 31, 2012
Stock options
Valent Employees - Pre Merger
Dec. 31, 2012
Time-Based RSUs
Sep. 30, 2010
Time-Based RSUs
Biovail Employees - Pre Merger
Sep. 30, 2010
Time-Based RSUs
Valent Employees - Pre Merger
Dec. 31, 2012
Performance-Based Restricted Stock Units
Dec. 31, 2011
Performance-Based Restricted Stock Units
After merger
Sep. 30, 2010
Performance-Based Restricted Stock Units
Biovail Employees - Pre Merger
Sep. 30, 2010
Performance-Based Restricted Stock Units
Valent Employees - Pre Merger
Dec. 31, 2010
Stock options and time-based RSUs
Biovail Employees - Pre Merger
Sep. 30, 2012
Stock options and time-based RSUs
Valent Employees - Pre Merger
Dec. 31, 2012
Deferred Share Units ("DSU")
Share-based compensation                                        
Accelerated vesting percentage on the merger date               100.00%       100.00%       100.00%        
Incremental compensation expense to reflect an increase in the fair value                               $ 20,300,000   $ 9,600,000    
Reversal of previously recognized compensation expense related to nonvested stock options               500,000                        
Vesting percentage of target achieved for performance upon closing of the merger                               200.00%        
Period within which common shares were delivered following the merger date                               60 days        
Compensation expense to reflect the acceleration of vesting term 66,236,000 94,023,000 98,033,000                               20,100,000  
Vesting period                   4 years                   1 year
Term of award, maximum                   10 years                    
Stock options issued                 12,464,417       2,217,003       1,211,833      
Summary of compensation cost and weighted average service period                                        
Total compensation cost related to unvested awards to be recognized       38,100,000         66,520,000   15,600,000   30,558,000 40,300,000     24,998,000      
Weighted-average service period over which compensation cost is expected to be recognized       2 years 6 months         18 months   1 year 8 months 12 days   25 months 2 years 3 months 18 days     34 months      
Expiration date of stock options       5 years                                
Number of days average trading price as base for minimum exercise price of stock option granted       5 days                                
Percentage of stock options that will vest on each of the first, second, third and fourth anniversaries from the date of grant             25.00%                          
Method and assumptions on valuation of stock options                                        
Expected life / Contractual term       4 years 4 years 4 years                 3 years          
Expected Company share volatility (as a percent)       44.90% 42.80% 37.10%                            
Risk-free interest rate (as a percent)       0.50% 1.40% 1.50%                            
Expected dividend yield (as a percent)           1.50%                            
Stock option activity                                        
Options outstanding at the beginning of the period (in shares)       10,480,000                                
Granted (in shares)       750,000                                
Exercised (in shares)       (1,802,000)                                
Expired or forfeited (in shares)       (922,000)                                
Options outstanding at the end of the period (in shares)       8,506,000 10,480,000                              
Options vested and exercisable at the end of the period (in shares)       4,491,000                                
Weighted-average exercise price                                        
Options outstanding at the beginning of the period (in dollars per share)       $ 15.10                                
Granted (in dollars per share)       $ 55.16                                
Exercised (in dollars per share)       $ 12.78                                
Expired or forfeited (in dollars per share)       $ 16.62                                
Options outstanding at the end of the period (in dollars per share)       $ 18.97 $ 15.10                              
Options vested and exercisable at the end of the period (in dollars per share)       $ 9.23                                
Weighted-Average Remaining Contractual Term                                        
Options outstanding at the end of the period       6 years                                
Options vested and exercisable at the end of the period       5 years 3 months 18 days                                
Aggregate Intrinsic Value                                        
Options outstanding at the end of the period       347,068,000                                
Options vested and exercisable at the end of the period       226,960,000                                
Additional disclosures                                        
Weighted-average grant date fair value of stock options (in dollars per share)       $ 19.57 $ 13.65 $ 5.46                            
Intrinsic value of stock options exercised in the period       25,100,000 31,700,000 28,500,000                            
Proceeds from exercise of stock options $ 23,026,000 $ 41,738,000 $ 58,425,000 $ 23,000,000 $ 41,700,000 $ 58,400,000