Keyword: Valeant

News

Koreans to Buy Valeant’s Former Vietnam Plant

17.09.2019 - South Korea’s JW Pharmaceutical has picked up a 35,000-square-meter production facility in Vietnam once owned by US pharma Valeant as part of a plan to target emerging markets...

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Pershing and Valeant Settle Allergan Lawsuits

05.01.2018 - Pershing Square, the hedge fund of US activist investor Bill Ackman, and Canada-based drugmaker Valeant Pharmaceuticals have agreed in principle to pay $290 million to settle two...

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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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Former CEO Sues Valeant for Millions

30.03.2017 - Former Valeant CEO Michael Pearson has filed suit in a district court in the US state of New Jersey against his employer, the Canada-headquartered, US-managed drugmaker. The...

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Activist Investor Ackman Exits Valeant

15.03.2017 - US activist investor Bill Ackman is pulling the plug on his Pershing Square Capital Management hedge fund’s loss-making engagement in drugmaker Valeant. After the close of trading...

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Valeant $2 Billion Assets Sale Will Pare Debt

16.01.2017 - Canadian-headquartered, US-managed drugmaker Valeant said it will sell around $2 billion worth of assets as it sets about paring down its staggering debt burden of around $30...

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Takeda to Take Ariad for $5.2 Billion

11.01.2017 - On the rebound from its failed drive to acquire Salix Pharmaceuticals from Canadian drugmaker Valeant in November 2016 – Valeant decided to keep the company – Japanese...

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Valeant-Takeda Talks Said off

01.12.2016 - Talks between Valeant and Takeda about a takeover of Valeant’s Salix subsidiary for $10 billion have broken down amid disagreements over price, among other things, according to the...