Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WEST COAST ASSET MANAGEMENT INC
   2. Issuer Name and Ticker or Trading Symbol
NOVEN PHARMACEUTICALS INC [NOVN] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2151 ALESSANDRO DR, STE 100		 3. Date of Earliest Transaction (Month/Day/Year)
03/14/2008
(Street)

VENTURA, CA 93001		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Noven Pharmaceuticals Inc. 03/14/2008   P   251,700 A $ 9.652 3,611,308 I See Footnote #1 (1)
Noven Pharmaceuticals Inc. 03/25/2008   P   10,250 D $ 10.95 3,601,058 I See Footnote #2 (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WEST COAST ASSET MANAGEMENT INC
2151 ALESSANDRO DR
STE 100
VENTURA, CA 93001		     X    
Lowe R Atticus
2151 ALESSANDRO DRIVE
SUITE 100
VENTURA, CA 93001		     X    
Helfert Lance W
2151 ALESSANDRO DRIVE
SUITE 100
VENTURA, CA 93001		     X    
Orfalea Paul J
2151 ALESSANDRO DRIVE
SUITE 100
VENTURA, CA 93001		     X    

Signatures

 Linda Schuman as Attorney In Fact   03/28/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported persons may be deemed beneficial owners of the shares reported because West Coast Asset Management, Inc. (WCAM) has the power to vote the shares pursuant to investor advisor agreements with the record owners. By virtue of their positions as member of the Investment Committee of WCAM who exercise shared voting and investment power over the shares, IC members may be deemed indirect beneficial owners, but each disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Of the 3,611,308 shares reported herein, 747,530 shares are held in trust accounts, 176,350 shares are held in IRA accounts, 642,350 shares are held in Foundation accounts, 20,998 shares are held in corporate accounts, 942,800 shares are held in high net worth individuals' accounts, 952,000 shares are held in LLC accounts, 76,505 shares are held in LP accounts, and 52,775 shares are held in profit sharing accounts (managed by WCAM).
(2) The reported persons may be deemed beneficial owners of the shares reported because West Coast Asset Management, Inc. (WCAM) has the power to vote the shares pursuant to investor advisor agreements with the record owners. By virtue of their positions as member of the Investment Committee of WCAM who exercise shared voting and investment power over the shares, IC members may be deemed indirect beneficial owners, but each disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Of the 3,601,058 shares reported herein, 746,630 shares are held in trust accounts, 176,350 shares are held in IRA accounts, 642,350 shares are held in Foundation accounts, 20,998 shares are held in corporate accounts, 938,700 shares are held in high net worth individuals' accounts, 945,400 shares are held in LLC accounts, 76,505 shares are held in LP accounts, and 54,125 shares are held in profit sharing accounts (managed by WCAM).

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