Tag Archives: Michael Pearson

Valeant To Hold Yet Another Conference Call, Ad Hoc Committee Still AWOL

By | November 10, 2015
0 Comment

Nearly two weeks after Valeant(VRX) cut ties with specialty pharmacy Philidor, which it owned but didn’t own, when we were told that “The [ad hoc] committee will be meeting promptly to determine the work plan for its review in consultation with counsel.”, the company has decided to host another conference call today. the Company will provide a business… Read More »

A Week Late, Valeant Finally Cuts Ties With Philidor

By | October 30, 2015
1 Comment

Nearly two weeks after serious allegations emerged about Philidor and Valeant’s(VRX) relationship with it, and five days after a conference call in which Valeant defended the indefensible, Valeant has finally cut ties with Philidor and Philidor will cease its operations.  We had urged this as the only rational action for Valeant, and were surprised when Valeant instead spent… Read More »