Bausch Health to Spin Off Eye-Care Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Bausch Health plans to spin off eye-care business, separating a big piece of the company formerly known as Valeant Pharmaceuticals

Bausch Health Cos. said Thursday it plans to spin off its faster-growing eye-care business from its core pharmaceutical operations, breaking apart a company previous management had built through such acquisitions.

The eye-care unit, known as Bausch + Lomb, had $3.7 billion in revenue last year, compared with about $4.9 billion from the rest of the company.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Interested in talking to someone who was denied patient assistance by bauschhealth for a US $56k/year drug?

This should give some insight into its accounting fraud.

from Ye Olden Days $BHC $tsla $msft $googl $apo $lb currently down more than 86 percent from an August 2015 high of $262.52 and fell as low as $26.11 last week.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines