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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."

TSX:VRX - Post by User

VALEANT PHARMACEUTICALS INTL INC

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Post by richardtraderon May 16, 2016 3:55pm

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Post# 24878329

update

Short seller Left now long Valeant

May 16 2016, 15:41 ET | About: Valeant Pharmaceutical... (VRX) | By: Douglas W. House, SA News Editor Contact this editor with comments or a news tip

The hot place down under has officially frozen over. Noted bear Andrew Left of Citron Research fame says he is now long Valeant Pharmaceuticals (VRX+4.7%). He says he "wouldn't be surprised if there is a bounce" in the stock considering the prolonged downtrend. He also points out the importance ofXifaxan (rifaximin), acquired in the Salix deal, which the company expects to be a key growth driver as it looks to lighten its debt load.