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VALEANT PHARMACEUTICALS INTL INC T.VRX

"Valeant Pharmaceuticals is a global specialty pharmaceutical firm with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. The firm also has a branded generics business that operates primarily in Latin America, Eastern Europe, and Asia."


TSX:VRX - Post by User

Comment by d_trumpon Oct 30, 2015 12:09pm
70 Views
Post# 24243652

RE:200 more at 132.30

RE:200 more at 132.30I dunno, I am neither long nor short, but this Philidor thing stinks really bad.  They paid $100M to purchase an option to buy it for $0.  Talk about absurd terms, furthermore they didn't even disclose the deal (arguing it was not material....ya right).  Then they failed to come up with an explanation for the relationship, but rather appointed a committee to investigate.  Now they announce they are walking away from Philidor.  I don't know how anyone can be comfortable with this story.....
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