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3 Valeant directors won't be standing for re-election, citing time required

2014-04-23 17:56:20| Biotech - Topix.net

Valeant Pharmaceuticals International, Inc. says three of its directors will not stand for re-election this year, citing increased demands on their time and possible conflicts of interest in the future.

Tags: time required standing directors

Valeant CEO 'disappointed' in Allergan poison pill: CNBC

2014-04-23 15:56:28| Biotech - Topix.net

T he chief executive officer of Valeant Pharmaceuticals, which made a $47 billion unsolicited offer for competitor Allergan Inc. on Tuesday, said during an interview on CNBC that he was "disappointed" with Allergan's so-called poison pill.

Tags: ceo disappointed pill poison

Valeant joins activist investor Ackman in bid for Botox maker Allergan

2014-04-22 07:25:08| Biotech - Topix.net

Shares in Valeant Pharmaceutical International Inc. soared in after-hours trading in New York on Monday after the Quebec-based company announced it had teamed with activist investor Bill Ackman in what looked to be a US$40-billion bid for Botox maker Allergan.

Tags: bid investor maker joins

Ackman, Valeant team up to bid for Allergan

2014-04-22 07:25:07| Biotech - Topix.net

Activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to make a joint run at buying wrinkle-treatment maker Allergan Inc, according to security filings on Monday.

Tags: team bid allergan valeant