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Valeant CEO's Outsider Roots Spun Market Gold, Until They Didn't

2015-10-26 10:43:14| Biotech - Topix.net

His audience, heavy-hitting Wall Street investors, had come to hear the man who'd rewritten the rules of Big Pharma -- and, in the process, made a lot of people very rich. At the Waldorf Astoria in Manhattan, Pearson, the driving force behind Valeant Pharmaceuticals International Inc., gave a frank assessment of old-line drug giants and why his company was different.

Tags: market gold roots spun

Daily Deals: A rising feeling for COS and a sinking one for Valeant

2015-10-22 04:21:25| Oil & Gas - Topix.net

The company logo of Valeant Pharmaceuticals International Inc. is seen at its headquarters in Laval, Que., in a May 19, 2015 file photo. Canadian Oil Sands Ltd. shareholders have a good chance of a richer offer surfacing, although it's likely to come from current bidder Suncor Energy Inc. and not a third party, FirstEnergy Capital Corp. says.

Tags: for one daily deals

Valeant seriously considering the sale of neuro assets

2015-10-19 16:04:06| Biotech - Topix.net

NEW YORK: Valeant Pharmaceuticals International said on Monday that it is considering the sale of its neurological pharmaceutical business and may also spin it off or take it private. Valeant CEO J. Michael Pearson said that the company is continuing to look at acquisitions, such as for "durable" assets that would fit with its Bausch & Lomb eyecare business.

Tags: sale assets neuro valeant

Valeant subpoenaed over patient assistance program, pricing

2015-10-15 14:52:20| Biotech - Topix.net

Valeant Pharmaceuticals International Inc. says that federal prosecutors are seeking information on the drug developer's drug pricing, distribution and patient assistance program. The Canadian company said late Wednesday that it had recently received subpoenas from the U.S. Attorney's Office for the District of Massachusetts and the U.S. Attorney's Office for the Southern District of New York.

Tags: program assistance pricing patient