VALEANT PHARMACEUTICALS INTL INC T.VRX

Healthcare Drug Manufacturers - Specialty & Generic

"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."

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VALEANT PHARMACEUTICALS INTL INC

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Post by HitHardTrader35on Dec 14, 2015 1:19pm

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Post# 24382659

Valeant's Frustrated Shareholders Pressure for Answers

You would think that a stock-price collapse of more than 60 percent might convince Valeant to change its ways.

But as it approaches a high-pressure investor meeting on Wednesday, where frustrated shareholders expect a detailed plan to restore profit growth, the Canadian specialty pharmaceutical firm remains defiant about a core part of its business -- its increasingly controversial model of buying inexpensive drugs and jacking up their prices, while spending little on its own research and development.

Read more https://www.bloomberg.com/gadfly/articles/2015-12-14/valeant-drug-pricing-criticism-has-it-on-the-defensive

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Canadian government to fund Electric Royalties portfolio property