Tag: Valeant

Industries, Others

L’Oreal Is Snapping Up These 3 Brands from Valeant for $1.3 Billion

January 10, 2017

Via: Fortune

French cosmetics group L’Oreal (LRLCY) is acquiring three specialized skincare brands – CeraVe, AcneFree and Ambi – from Canada’s Valeant Pharmaceuticals International (VRX) for $1.3 billion in cash to expand into one of the fastest growing areas of the beauty […]

Industries, Others

Valeant Shares Flop After Reporting Smaller-Than-Expected Profits

November 8, 2016

Via: Fortune

Valeant Pharmaceuticals International reported a smaller-than-expected quarterly profit due to faltering sales of its dermatology products and irritable bowel syndrome drug, and the company cut its full-year profit and revenue forecasts. Valeant’s U.S.-listed shares fell more than 10% in premarket […]

Enterprise, Industries

Valeant shares tumble on report of criminal probe of Philidor unit

August 12, 2016


Shares of Valeant Pharmaceuticals fell nearly 10.4 percent on Thursday after The Wall Street Journal reported the pharmaceutical company is under federal investigation for allegations it defrauded insurers by hiding its ties to Philidor, a mail-order pharmacy unit. The Journal […]


Pershing Square invests more in Valeant after controversy

November 24, 2015

Via: Market Watch

William Ackman’s Pershing Square Capital Management LP disclosed an increased 9.9% stake in Valeant Pharmaceuticals International Inc. VRX, -3.95% , a move that comes after the hedge-fund manager said he had taken advantage of the beaten-down market for the stock […]


Valeant pharmacy cut off by two largest pharmacy-benefit managers in U.S.

October 30, 2015

Via: itCurated

Source photo The two largest pharmacy-benefit managers in the U.S. said they’re ceasing work with a pharmacy used by Valeant Pharmaceuticals International Inc., dealing another blow to Valeant. VRX, -4.70% CVS Health Corp. CVS, -0.01% said it is terminating pharmacy […]


What happened to this pharmacy after joining Valeant’s ‘specialty network’ is every CEO’s worst nightmare

October 28, 2015

Via: itCurated

Imagine this: You own a business. A giant competitor comes and offers to buy it, but allows you to continue running it. Then, after you sign the sale agreement, you start to think this giant wants you to do things […]