1. John Paulson Joins Valeant's Board After his Firm took a Nearly $2 Billion Hit on Valeant

    John Paulson Joins Valeant's Board After his Firm took a Nearly $2 Billion Hit on Valeant

    Famous hedge fund manager John Paulson will serve as the director of Valeant's board, effective June 14, the drug maker announced Monday...

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    1. We are pleased to welcome John to Valeant's board of directors.
    2. The strategic plan to transform Valeant smartly focuses on rebuilding the company's core franchises in ophthalmology, dermatology and gastroenterology while simultaneously using the proceeds from the sale of non-core assets and operating cash flow to de-lever the company.
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