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Executives to lead Valeant as CEO takes medical leave

2015-12-29 00:01:49| Biotech - Topix.net

Valeant Pharmaceuticals International Inc. on Monday said a group of company executives will immediately take over for its chief executive officer until he returns from medical leave, news that sent its shares tumbling 10 per cent. The decision to put leadership in the hands of three executives was unusual, experts said, and suggested a lack of confidence in any one company executive to temporarily fill Mr. Pearson's shoes.

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Category:Biotechnology and Pharmaceuticals

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