Keyword: Michael Pearson

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Valeant Selling iNova to Private Equity for $930 Million

15.06.2017 - Canada-based, US-run drugmaker Valeant has agreed to sell its iNova Pharmaceuticals subsidiary for $930 million in cash to a company jointly owned by funds advised and managed by...

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Valeant CEO Asked to Cooperate With US Senate

13.04.2016 - The US Senate’s Special Committee on Aging plans to decide on Apr. 13 whether or not to open contempt proceedings against Valeant Pharmaceuticals CEO Michael Pearson. Pearson, who...

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SEC Investigates Valeant Again

03.03.2016 - Canada-based, US-managed drug firm Valeant Pharmaceuticals has confirmed it is under another investigation by the Securities and Exchange Commission (SEC), the latest in a string...

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Valeant Cutting Ties With Philidor

03.11.2015 - Canadian drugmaker Valeant has said it will sever ties with Philidor, the specialty pharmacy it has been accused of using to falsify sales and drive selling prices. The company’s...

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Valeant to Acquire Medicis for $2.6 Billion

04.09.2012 - Valeant Pharmaceuticals International agreed on Monday to buy Medicis Pharmaceutical for $2.6 billion in cash, in a deal that will add Botox competitor Dysport and other skin care...

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Valeant Withdraws Its Bid For ISTA Pharmaceuticals

30.01.2012 - Valeant Pharmaceuticals International said on Monday it has withdrawn its sweetened takeover bid for ISTA Pharmaceuticals, citing a lack of progress. "We were not interested in...

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Valeant Looks Past Cephalon For Acquisitions

04.05.2011 - Valeant Pharmaceuticals, which dropped a $5.7 billion offer for Cephalon earlier this week, will actively pursue other large takeover deals, its chief executive said on Tuesday...