Valeant enhances rebate program with promise to 'get this right'

17 May 2016

Valeant Pharmaceuticals (TSX: VRX) has announced that it will make an enhanced rebate program available to reduce the price of Nitropress (nitroprusside) and Isuprel (isoproterenol) to all hospitals in the USA.

The Canada-based company, which has come under investigation by the US Senate over dramatic price increases it imposed, including those for the cardiac-care drugs Nitropress and Isuprel.

Company bosses have admitted that mistakes were made over such price hikes and it has set up its own Patient Access and Pricing Committee as part of promises to clean up its act.

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