Valeant corrects misleading report on Salix probe

2 March 2017

Canadian specialty pharmaceutical company Valeant Pharmaceuticals International (TSX: VRX) has issued a correction regarding a misleading news report.

The correction was made in relation to the timing of a US Securities and Exchange Commission (SEC) investigation into the company’s subsidiary Salix.

The report, from American broadcaster CNBC, described as ‘breaking news’ the disclosure that Salix was being investigated for possible securities law violations by the SEC.

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