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Here's the Simple Issue I Still Have With Valeant Pharmaceuticals (and Why You Shouldn't Buy)


Here's the Simple Issue I Still Have With Valeant Pharmaceuticals (and Why You Shouldn't Buy)

Over the past two years, only a small handful of publicly traded companies have the distinction of losing more than 90% of their value. Drugmaker Valeant Pharmaceuticals (NYSE: VRX) finds itself in that mix, having shed about 94% of its value since peaking in early August 2015 at $264 a share.

Valeant has faced a cadre of issues along the way, including allegations of wrongdoing by one of its online drug distributors, Philidor Rx Services, and has taken heat for its drug-pricing practices. Now-former CEO J. Michael Pearson admitted to a Senate committee last year that "mistakes" were made in the pricing of cardiovascular drugs Nitropress and Isuprel, which were raised a respective 525% and 212%, post-acquisition.

Image source: Getty Images.

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Source: Fool.com

Bausch Health Companies Inc. Aktie

6,00 €
-3,05 %
Ein großer Verlust für Bausch Health Companies Inc. heute, der Kurs sinkt um -3,05 %.
Bausch Health Companies Inc. erfreut sich mäßiger Beliebtheit, mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 16 € für Bausch Health Companies Inc. zeigt sich ein beachtliches Wachstumspotenzial gegenüber dem aktuellen Kurs von 6.0 €.
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