Latest News - Valeant

Tuesday, May 09, 2017 | Clinical Trials, Bausch+Lomb, Valeant

Bausch + Lomb Announces PDUFA Date For Luminesse

Bausch + Lomb announced that the FDA accepted the new drug application (NDA) for brimonidine tartrate ophthalmic solution, 0.025% (Luminesse), and set a PDUFA action date of December 27, 2017. Lumines…

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Thursday, March 30, 2017 | Management/Leadership, Bausch+Lomb, Valeant

Bausch + Lomb Announces US Management Team Leadership

Bausch + Lomb announced several changes to its management team designed to improve operational efficiencies. Joseph “Joe” Gordon, senior vice president and general manager, US Consumer …

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Thursday, March 30, 2017 | Earnings & Financials, Valeant

Ackman: Investment in Valeant a 'Huge Mistake'

In his annual letter to investors of his hedge fund, Bill Ackman “deeply and profoundly” apologized for his investment in Valeant, a move that ultimately cost Pershing Square Capital Manag…

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Tuesday, March 28, 2017 | Corporate Lawsuits, Valeant

Former Valeant CEO Michael Pearson Sues Company Over Unpaid Share Award

Former Valeant Pharmaceuticals CEO Michael Pearson filed a lawsuit in the US claiming that the company failed to deliver 3 million shares promised to him as part of an exit package. According to the c…

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Tuesday, March 14, 2017 | Earnings & Financials, Valeant

Ackman Unloads Entire Stake in Valeant

After a long relationship that has seen the rapid rise and massive fall of Valeant’s stock price, Pershing Square Capital Management CEO Bill Ackman stated that his hedge fund has sold all its s…

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Tuesday, February 21, 2017 | Acquisitions/Mergers, Eyegate Pharmaceuticals, Valeant

Valeant and Eyegate Enter into Licensing Agreement for EyeGate II Delivery System and EGP-437 Combination Product

Valeant Pharmaceuticals International and EyeGate Pharmaceuticals announced that they have entered into an exclusive, worldwide licensing agreement through which EyeGate has granted a subsidiary of Va…

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Thursday, December 01, 2016 | Acquisitions/Mergers, Valeant

Valeant Drops After Report Salix Sale Discussions Broke Down

Valeant Pharmaceuticals International Inc. dropped after a report that discussions to sell its gastrointestinal drugs unit to Japan’s Takeda Pharmaceutical Co. for about $10 billion have fallen …

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Thursday, November 17, 2016 | Miscellaneous, Valeant

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 | Miscellaneous, Bausch+Lomb, Nicox , Valeant

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 | Earnings & Financials, Valeant

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 | Acquisitions/Mergers, Earnings & Financials, Bausch+Lomb, Paragon BioTeck, Valeant

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 | Acquisitions/Mergers, Bausch+Lomb, Valeant

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 | Earnings & Financials, Valeant

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 | Earnings & Financials, Valeant

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 | Health Care, Valeant

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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