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 (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf pharmaceutical company ⓘ
public company ⓘ
acquired Bausch & Lomb ⓘ
linked to: Bausch + Lomb

Dendreon ⓘ
Medicis Pharmaceutical ⓘ
Salix Pharmaceuticals ⓘ
auditor PricewaterhouseCoopers ⓘ
businessModel acquisition-driven growth strategy ⓘ
businessPartnerOf Valeant Pharmaceuticals ⓘ
CEO J. Michael Pearson ⓘ
chairman J. Michael Pearson ⓘ
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 ⓘ
Valeant Pharmaceuticals International, Inc. ⓘ
headquartersLocation Laval, Quebec, Canada ⓘ
industry pharmaceuticals ⓘ
specialty pharmaceuticals ⓘ
investedIn Valeant Pharmaceuticals ⓘ
investmentThrough Pershing Square Capital Management ⓘ
involvedIn Philidor specialty pharmacy controversy ⓘ
knownFor accounting controversies ⓘ
aggressive drug price increases ⓘ
rapid growth through acquisitions ⓘ
regulatory investigations ⓘ
listedAs Valeant Pharmaceuticals International, Inc. ⓘ
majorShareholder Bill Ackman ⓘ
marketCapitalizationTrend sharp decline after 2015 ⓘ
mergedInto Valeant Pharmaceuticals ⓘ
positionHeld Chief Executive Officer of Valeant Pharmaceuticals ⓘ
renamedAs Bausch Health Companies Inc. ⓘ
reputation highly controversial in pharmaceutical industry ⓘ
restated certain financial results ⓘ
stockExchange New York Stock Exchange ⓘ
Toronto Stock Exchange ⓘ
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 ⓘ
timePeriodOfMajorControversy early 2010s to late 2010s ⓘ
usedSpecialtyPharmacy Philidor Rx Services ⓘ

How these facts were elicited

Referenced by (7)

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

Pershing Square Holdings → hasSignificantShareholderRoleIn → Valeant Pharmaceuticals ⓘ
Valeant Pharmaceuticals → formerName → Biovail Corporation ⓘ
linked to: Valeant Pharmaceuticals
Biovail Corporation → mergedInto → Valeant Pharmaceuticals ⓘ
subject linked to: Valeant Pharmaceuticals
Bausch Health Companies Inc. → formerName → Valeant Pharmaceuticals International, Inc. ⓘ
subject linked to: Valeant Pharmaceuticals
linked to: Valeant Pharmaceuticals
Philidor Rx Services → businessPartnerOf → Valeant Pharmaceuticals ⓘ
subject linked to: Valeant Pharmaceuticals
Pershing Square Capital Management → investedIn → Valeant Pharmaceuticals ⓘ
subject linked to: Valeant Pharmaceuticals
Valeant Pharmaceuticals → listedAs → Valeant Pharmaceuticals International, Inc. ⓘ
linked to: Valeant Pharmaceuticals