Latest News - Valeant

Thursday, November 17, 2016

Ex-Valeant Executive, Ex-Pharmacy CEO Charged for Fraud Scheme

US prosecutors on Thursday filed charges against a former Valeant Pharmaceuticals International executive and a former CEO of mail order pharmacy Philidor Rx Services, alleging they engaged in a multi…

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Wednesday, November 09, 2016

Nicox Provides Update on Latanoprostene Bunod and AC-170

Nicox SA provided an update on the regulatory status of its key projects, latanoprostene bunod and AC-170. Valeant Pharmaceuticals has stated that Nicox's licensee for latanoprostene bunod, Bau…

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Tuesday, November 08, 2016

Valeant Shares Plunge as It Slashes Guidance Again

Valeant Pharmaceuticals International Inc. cut its annual outlook again Tuesday as the drug company, struggling to remake its business after a series of missteps, signaled its turnaround may take long…

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Tuesday, November 08, 2016

Valeant Agrees to Sell Paragon to Settle U.S. Antitrust Charges

Valeant Pharmaceuticals, which owns eye care products maker Bausch & Lomb, has agreed to sell Paragon Holdings to settle allegations that its acquisition of the smaller company was illegal under a…

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Thursday, November 03, 2016

Valeant Exploring Sale of Eye Surgery Equipment Business

New reports reveal that Valeant is exploring a sale of its eye surgery equipment business – part of its Bausch + Lomb franchise – in an effort to pay down debt. The Wall Street Journal, citing …

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Tuesday, November 01, 2016

Valeant Said to Be in Talks for Sale of Salix to Takeda

Valeant Pharmaceuticals International is in talks to sell its Salix gastrointestinal drugs business to Takeda Pharmaceutical Co., according to a person familiar with the matter. The unit could go for …

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Monday, October 31, 2016

Valeant Ex-CEO, Ex-CFO Are Focus of U.S. Criminal Probe

U.S. prosecutors are focusing on Valeant Pharmaceuticals International Inc.’s former CEO and CFO as they build a fraud case against the company that could yield charges within weeks, according t…

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Friday, September 23, 2016

Valeant Avoids Double-Digit Price Hikes With 9.9 Percent Increases

In response to intensifying criticism over drug prices, Allergan chief executive Brent Saunders promised not to raise prices by more than single-digit percentage points. So far, no other head of a lar…

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Monday, August 22, 2016

Valeant Appoints Paul S. Herendeen As Executive Vice President, Finance And Chief Financial Officer

Valeant Pharmaceuticals International announced that Paul S. Herendeen has been appointed Executive Vice President, Finance and will take over the role of Chief Financial Officer from Robert L. Rosiel…

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Thursday, August 18, 2016

Valeant Shares Rise as Once-Burned Analysts Regain Optimism

Stock analysts are starting to come back around to Valeant Pharmaceuticals International Inc. after being burned by the company over the past year. The shares rose 13 percent to $30 at 4 p.m. Wednesda…

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Wednesday, August 10, 2016

Valeant Pharmaceuticals Reports Second Quarter 2016 Financial Results

  Total Revenues of $2.4 billion, a decrease of 11% versus the second quarter of 2015 GAAP EPS  ($0.88) and Adjusted EPS (non-GAAP)  $1.40 Cash Flow from Operations of $448 …

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Monday, August 08, 2016

Valeant Announces Changes To Executive Management Team; New B+L Leader

Valeant Pharmaceuticals announced a series of leadership and organizational changes, including naming Ari Kellen, MBBCh, current executive vice president and company group chairman, as the leader…

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Friday, July 22, 2016

FDA Raises Manufacturing Concerns in Complete Response Letter for Valeant's Vesneo Eye Drop

The FDA issued a complete response letter to Valeant Pharmaceuticals in relation to its filing for Vesneo (latanoprostene bunod), an IOP-lowering single-agent eye drop for patients with open angle gla…

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Wednesday, June 15, 2016

Valeant's New CEO Says Key Assets Can Be Sold

After months of confusion, Valeant Pharmaceutical’s new chief, Joseph Papa, said Tuesday the troubled company is looking to sell assets to reduce its massive debt load -- including its crown jew…

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Monday, June 13, 2016

Valeant Said to Consider Sale of Egyptian Drugmaker Amoun

Valeant Pharmaceuticals International Inc. is considering the sale of Egyptian drugmaker Amoun Pharmaceutical Co. as the beleaguered Canadian company seeks to accelerate its debt-reduction plans, acco…

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