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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
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Stock options
Y
Dec. 31, 2010
Stock options
Y
Dec. 31, 2009
Stock options
Y
Dec. 31, 2011
Stock options
After merger
Sep. 30, 2010
Stock options
Biovail Employees - Pre Merger
Sep. 30, 2010
Stock options
Valent Employees - Pre Merger
month
Dec. 31, 2011
Stock options
Valent Employees - Pre Merger
Dec. 31, 2011
Time-Based RSUs
Y
Sep. 30, 2010
Time-Based RSUs
Biovail Employees - Pre Merger
Sep. 30, 2010
Time-Based RSUs
Valent Employees - Pre Merger
month
Dec. 31, 2011
Performance-Based Restricted Stock Units
Y
Dec. 31, 2010
Performance-Based Restricted Stock Units
Prior to merger
Y
Dec. 31, 2009
Performance-Based Restricted Stock Units
Prior to merger
Y
Dec. 31, 2011
Performance-Based Restricted Stock Units
After merger
Y
Sep. 30, 2010
Performance-Based Restricted Stock Units
Biovail Employees - Pre Merger
Sep. 30, 2010
Performance-Based Restricted Stock Units
Valent Employees - Pre Merger
month
Dec. 31, 2010
Stock options and time-based RSUs
Biovail Employees - Pre Merger
Sep. 30, 2010
Stock options and time-based RSUs
Valent Employees - Pre Merger
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 (in days)                                   60 days      
Compensation expense to reflect the acceleration of vesting term 94,023,000 98,033,000 5,613,000                                   20,100,000
Vesting period (in years)                   4 years                      
Term of award, maximum (in years)                   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       48,400,000         66,520,000   25,400,000   30,558,000 36,600,000         24,998,000    
Weighted-average service period over which compensation cost is expected to be recognized (in months)       1.8         18   1.5   25 1.7         34    
Expiration date of stock options (in years)       P5Y                                  
Number of days average trading price as base for minimum exercise price of stock option granted (in days)       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 (in years)       4.0 4.0 4.0                 5.0 5.0 3.0        
Expected Company share volatility (as a percent)       42.80% 37.10% 45.20%                 43.20% 44.00%          
Risk-free interest rate (as a percent)       1.40% 1.50% 1.60%                 2.40% 3.10%          
Expected dividend yield (as a percent)       0.00% 1.50% 14.60%                              
Stock option activity                                          
Options outstanding at the beginning of the period (in shares)       12,203,000                                  
Granted (in shares)       1,294,000                                  
Equitable adjustment (in shares)       380,000                                  
Exercised (in shares)       (2,898,000)                                  
Expired or forfeited (in shares)       (499,000)                                  
Options outstanding at the end of the period (in shares)       10,480,000 12,203,000                                
Options vested and exercisable at the end of the period (in shares)       4,484,000                                  
Weighted-average exercise price                                          
Options outstanding at the beginning of the period (in dollars per share)       $ 11.99                                  
Granted (in dollars per share)       $ 47.83                                  
Equitable adjustment (in dollars per share)       $ 11.00                                  
Exercised (in dollars per share)       $ 13.91                                  
Expired or forfeited (in dollars per share)       $ 19.82                                  
Options outstanding at the end of the period (in dollars per share)       $ 15.10 $ 11.99                                
Options vested and exercisable at the end of the period (in dollars per share)       $ 7.42                                  
Weighted-Average Remaining Contractual Term (in years)                                          
Options outstanding at the end of the period (in years)       6.0                                  
Options vested and exercisable at the end of the period (in years)       5.4                                  
Aggregate Intrinsic Value                                          
Options outstanding at the end of the period       335,744,000                                  
Options vested and exercisable at the end of the period       176,061,000                                  
Additional disclosures                                          
Weighted-average grant date fair value of stock options (in dollars per share)       $ 13.65 $ 5.46 $ 0.92                              
Intrinsic value of stock options exercised in the period       31,700,000 28,500,000 200,000                              
Proceeds from exercise of stock options $ 41,738,000 $ 58,425,000 $ 866,000 $ 41,700,000 $ 58,400,000 $ 900,000