Valeant Pharmaceuticals

E813059

Valeant Pharmaceuticals was a controversial multinational specialty pharmaceutical company known for aggressive drug price hikes, rapid growth through acquisitions, and subsequent accounting and regulatory scandals.

All labels observed (1)

Label Occurrences
Valeant Pharmaceuticals canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf pharmaceutical company
public company
acquired Bausch & Lomb NERFINISHED
Dendreon NERFINISHED
Medicis Pharmaceutical NERFINISHED
Salix Pharmaceuticals NERFINISHED
auditor PricewaterhouseCoopers NERFINISHED
businessModel acquisition-driven growth strategy
businessPartnerOf Valeant Pharmaceuticals NERFINISHED
CEO J. Michael Pearson NERFINISHED
chairman J. Michael Pearson NERFINISHED
country Canada
criticizedFor complex accounting practices
high leverage and debt levels
raising prices of acquired drugs
faced congressional hearings in the United States
formerName Biovail Corporation NERFINISHED
Valeant Pharmaceuticals International, Inc. NERFINISHED
headquartersLocation Laval, Quebec, Canada NERFINISHED
industry pharmaceuticals
specialty pharmaceuticals
investedIn Valeant Pharmaceuticals NERFINISHED
investmentThrough Pershing Square Capital Management NERFINISHED
involvedIn Philidor specialty pharmacy controversy NERFINISHED
knownFor accounting controversies
aggressive drug price increases
rapid growth through acquisitions
regulatory investigations
listedAs Valeant Pharmaceuticals International, Inc. NERFINISHED
majorShareholder Bill Ackman NERFINISHED
marketCapitalizationTrend sharp decline after 2015
mergedInto Valeant Pharmaceuticals NERFINISHED
positionHeld Chief Executive Officer of Valeant Pharmaceuticals
renamedAs Bausch Health Companies Inc. NERFINISHED
reputation highly controversial in pharmaceutical industry
restated certain financial results
stockExchange New York Stock Exchange
Toronto Stock Exchange NERFINISHED
subjectOf Canadian securities regulators investigations
U.S. Department of Justice investigations
U.S. Securities and Exchange Commission investigations
therapyArea dermatology
gastroenterology
neurology
ophthalmology
tickerSymbol VRX NERFINISHED
timePeriodOfMajorControversy early 2010s to late 2010s
usedSpecialtyPharmacy Philidor Rx Services NERFINISHED

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Pershing Square Holdings (historical significant shareholder) hasSignificantShareholderRoleIn Valeant Pharmaceuticals
subject surface form: Pershing Square Holdings