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Valeant Discusses Strategy, Reflects On Four Years Of Growth

 
• By Lisa LaMotta

True to form, the contrarian CEO of Valeant tells analysts that his company favors investment in business development over share buybacks, out-of-the spotlight emerging markets (Southeast Asia, South Africa, and Eastern and Central Europe), and niche therapeutic areas like dermatology and ophthalmology, all largely cash markets, where Valeant can stress its brand and distribution capabilities over scientific innovation.

Over the four years that J. Michael Pearson has manned the helm of Valeant Pharmaceuticals International Inc. he has used his background in corporate strategy and acquisitions to transform the company into an international – albeit not global – specialty pharma. The company has sought out geographic and therapeutic markets that are not crowded with multinational competition and are characterized by a heavy component of out-of-pocket spending like topical dermatology and dentistry. During a June 21 analyst day Pearson discussed how this strategy has morphed since he has taken over and highlighted the company’s recent acquisitions.

“Some markets we like to participate in, others we don't,” said Pearson, specifically rejecting Western Europe due to its slow growth, and the overly competitive areas of India and China....

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Ocaliva: Still No Clarity On Why EU Court Opposed Revocation Of Approval

 
• By Neena Brizmohun

Advanz Pharma would have had to show that the European Commission’s decision to revoke Ocaliva’s conditional marketing approval risked causing serious and irreparable harm, according to lawyers from Van Bael & Bellis.

Final Chance To Have Your Say: Take Our Reader Survey This Week

 
• By Nielsen Hobbs

This is your final call to participate in the survey to better understand our subscribers’ content and delivery needs. The deadline is 20 September.

Shape Our Content: Take The Reader Survey

 
• By Nielsen Hobbs

We are conducting a survey to better understand our subscribers’ content and delivery needs. If there are any changes you’d like to see in coverage topics, article format, or the method in which you access the Pink Sheet – or if you love it how it is – now is the time to have your voice heard.

Brazil Pilots Digital Drug Pack Inserts

 
• By Francesca Bruce

A new pilot aims to take Brazil closer to ‘digital transformation.’

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EMA Says Digital Transformation A ‘Fundamental Shift’ In Meeting Regulatory Challenges

 
• By Eliza Slawther

Sponsors can expect faster evaluation processes for key medicines and greater support in mitigating medicines supply shortages this year as part of the European Medicines Agency’s digital transformation overhaul.

EU CHMP Opinions And MAA Updates

 
• By Neena Brizmohun

This is an update of recommendations from the European Medicines Agency's Committee for Medicinal Products for Human Use on the authorization of new medicines in the EU, and updates on EU marketing authorization changes recommended by the CHMP.

HHS Rescinds COVID-19 Vaccine Advice, Usurping US CDC Role

 
• By Sue Sutter

By stepping into the role of the Centers for Disease Control and Advisory Committee on Immunization Practices, HHS Secretary Robert F. Kennedy Jr. is causing further confusion and uncertainty about vaccine policy, experts say.