What happened Valeant Pharmaceuticals?

Valeant will go by Bausch Health Companies, marking the company’s second name change since 2010.

Is Valeant still in business?

LAVAL, Quebec, July 13, 2018 – Bausch Health Companies Inc. (NYSE/TSX: BHC) (“Bausch Health” or the “Company” or “we”) today announced the Company’s name change from Valeant Pharmaceuticals International, Inc. to Bausch Health Companies Inc. is complete.

What was Philidor Valeant?

A former executive at Valeant Pharmaceuticals International and the former head of a start-up mail-order pharmacy were sentenced to one year in prison on Tuesday after being convicted of defrauding the drugmaker through a secret kickback scheme.

What is J Michael Pearson doing now?

Michael Pearson (born 1959) is a Canadian American pharmaceutical company executive. Pearson is currently suing Valeant Pharmaceuticals for $31 million as compensation for his alleged wrongful termination as CEO and chairman. …

Where is Valeant Pharmaceuticals located?

Bausch Health Companies Inc. (formerly Valeant Pharmaceuticals) is a multinational specialty pharmaceutical company based in Laval, Quebec, Canada.

What are the allegations against Valeant pharmaceutical company?

In recent months the company has been mired in scandal, the subject of drug-pricing investigations and improper accounting allegations. Here is a timeline of the company’s rise and fall.

Who are the people involved in the Valeant scandal?

Former Valeant executive Gary Tanner is arrested and charged with running a fraud-and-kickback scheme. Andrew Davenport, formerly the chief executive of Philidor, a mail-order pharmacy, was also charged. The two are accused of conspiring to set up Philidor as a market to distribute Valeant drugs.

Is there a settlement between Valeant and the SEC?

This website has been established to provide general information related to the proposed settlement of the lawsuit known as In re Valeant Pharmaceuticals International, Inc. Securities Litigation, Master No. 3:15-cv-07658-MAS-LHG (the “Litigation”), pending before the United States District Court for the District of New Jersey (the “Court”).

What was the alternate fulfillment program for Valeant Pharmaceuticals?

Philidor was part of Valeant’s alternate fulfillment program, which sought to have doctors prescribe Valeant’s branded products like Jublia and Solodyn instead of cheaper generics by finding price rebates or ways of expanding customers’ insurance coverage on scripts.

What happened Valeant Pharmaceuticals? Valeant will go by Bausch Health Companies, marking the company’s second name change since 2010. Is Valeant still in business? LAVAL, Quebec, July 13, 2018 – Bausch Health Companies Inc. (NYSE/TSX: BHC) (“Bausch Health” or the “Company” or “we”) today announced the Company’s name change from Valeant Pharmaceuticals International, Inc. to…