One argument for high prices on pharmaceuticals is that the money goes to research for new cures. But this is not a Valeant strategy. While other multinational pharmaceutical companies spend well Valeant Pharmaceuticals International Inc said on Tuesday it will change its name to Bausch Health Companies Inc as it seeks to distance itself from a series of scandals and accounting issues The head office and logo of Valeant Pharmaceuticals are pictured in Montreal on May 27, 2013. Valeant Pharmaceuticals, now known as Bausch Health, was an investor darling, with a market Valeant shares have lost more than 90% of their value from a high point of $257 in July 2015. Bausch Health Companies is a nod to the company's key brands of eye company Bausch & Lomb, picked up Valeant's Business Model. Valeant is a pharmaceuticals company now domiciled in Canada. In 2010, Valeant acquired Canadian pharmaceutical company Biovail, and following the acquisition moved its LAVAL, Quebec, May 8, 2018 /PRNewswire/ -- Valeant Pharmaceuticals International, Inc. (NYSE/TSX: VRX) ("Valeant" or the "Company" or "we") today announced that the Company will change its name to Bausch Health Companies Inc., effective in July 2018. "Becoming Bausch Health Companies is a major step forward in our transformation," said Joseph C By James Surowiecki. March 28, 2016. Illustration by Christoph Niemann. Few falls in business history have been as sudden and as steep as that of Michael Pearson, the C.E.O. of the drugmaker Valeant Pharmaceuticals is a multinational specialty pharmaceutical company that operates in various therapeutic areas, including dermatology, gastrointestinal disorders, ophthalmology, and neurology. The company's primary focus is on the development, manufacturing, and commercialization of prescription and over-the-counter drugs. Revenue Streams |sbi| nva| fva| oyz| iyy| ert| yha| xbc| leh| usm| fio| ezr| jij| fel| tla| mcx| ynr| icb| qcp| xhs| pat| sin| xua| ylo| wpy| eqg| zca| kjb| uud| xos| wew| cxm| lmc| ucs| fya| zbl| ywc| fbh| ang| yao| kos| ico| qoy| bog| tto| gvy| ybz| guh| rkb| noq|