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The Valeant Stock Price Just Tanked Again and We Called It

2016-04-13 14:11:45| Biotech - Topix.net

The Valeant stock price tanked 7% Monday and is falling again today as things keep getting worse for the embattled drug company. We've been ahead of the Valeant stock price crash from the beginning and remain bearish on the VRX stock price in 2016 .

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Valeant tells boss to 'co-operate'

2016-04-11 17:32:58| BBC News | Business | UK Edition

Valeant Pharmaceuticals calls on its outgoing chief executive, Michael Pearson, to co-operate with a Senate investigation into drug pricing.

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Valeant has told outgoing CEO to cooperate with Senate

2016-04-11 15:47:02| Biotech - Topix.net

Valeant Pharmaceuticals asked its CEO to cooperate with a Senate investigation into drug pricing after he failed to appear for a deposition. The Senate Special Committee on Aging said last week that it planned to start legal proceedings against J. Michael Pearson, who is leaving Valeant.

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Valeant Shares Have Best Three-Day Run in Almost 20 Years

2016-04-08 18:23:46| Biotech - Topix.net

For the first time in a long time, this week was a very good one to own stock in Valeant Pharmaceuticals International Inc. Since Monday's close, Valeant shares have gained 36 percent, the best three-day run for the shares since 1996, a period that includes the company's predecessor Biovail Corp. Valeant gained 3.9 percent on Thursday to close at $35.51 in New York trading. "It seems like it has found a bottom," said Annabel Samimy, an analyst at Stifel Nicolaus & Co.

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Valeant Gets Lender Deal to Waive Default, Loosen Debt Terms

2016-04-08 01:47:42| Biotech - Topix.net

Valeant Pharmaceuticals International Inc. won the support of its lenders to waive a default and ease some restrictions on its loan pact as the drugmaker seeks to rein in its $32 billion debt load. The company expects to close the amendment and waiver next week, according to a statement on Thursday.

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