Keyword: Philidor

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Former Valeant and Philidor Executives Charged

18.11.2016 - US federal prosecutors in New York’s Southern District have arrested a former executive of Canada-headquartered Valeant Pharmaceuticals and the former CEO of the erstwhile mail...

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California Investigates Valeant Philidor Link

14.11.2016 - The California Department of Insurance has issued a subpoena against embattled US drugmaker Valeant Pharmaceuticals over its dealings with specialty pharmacy company Philidor...

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Valeant CEO Steps Down, Ackman on Board

23.03.2016 - J. Michael Pearson has stepped down as CEO of Canada-based Valeant Pharmaceuticals two months after returning from a medical leave, as the company’s stock continues to bleed. One...

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SEC Investigates Valeant Again

03.03.2016 - Canada-based, US-managed drug firm Valeant Pharmaceuticals has confirmed it is under another investigation by the Securities and Exchange Commission (SEC), the latest in a string...

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Valeant Cutting Ties With Philidor

03.11.2015 - Canadian drugmaker Valeant has said it will sever ties with Philidor, the specialty pharmacy it has been accused of using to falsify sales and drive selling prices. The company’s...

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Novartis to Settle With US on Kickback Charges

28.10.2015 - Novartis has agreed to pay $390 million to settle with the US Department of Justice over allegations it used kickbacks to specialist pharmacies to promote sales of some of its...

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Ackman Buys More Valeant Shares

23.10.2015 - Hedge fund manager and activist shareholder Bill Ackman has bought 2 million new shares in Valeant at an estimated total cost of $230 million. The buy is said to have increased his...