Bausch Health, formerly Valeant, predicts revenue growth as debt load lessens - News Summed Up

Bausch Health, formerly Valeant, predicts revenue growth as debt load lessens


The CEO of Bausch Health Companies Inc. is predicting revenue growth this year as the drug maker emerges from a mountain of debt and lawsuits. Joseph Papa said Monday he expects Bausch — formerly known as Valeant Pharmaceuticals — will double revenue from its seven major products to between $150 million (U.S.) and $300 million, driving overall sales growth. Bausch Health’s products include those for eye care that treat conditions ranging from glaucoma to bloodshot eyes. ( EMILE WAMSTEKER / BLOOMBERG NEWS )The so-called “significant seven” include eye care products that treat conditions ranging from glaucoma to bloodshot eyes. Bausch saw a net loss of $3.8 billion in the first nine months of 2018.


Source: thestar January 07, 2019 18:58 UTC



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