Leadership changes at Valeant as three more execs depart

14 December 2016

Troubled Valeant Pharmaceuticals International (TSX: VRX) has announced the departure of three executives, as the business continues to restructure at the close of a punishing 2016.

The Canadian company has already lost more than 80% of its market value since the year began, amid debt woes, the Philidor scandal, and a criminal investigation by the US Securities and Exchange Commission into its accounting and pricing practices.

"We continue working toward a recovery of our core prescription dermatology business"

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