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Bausch Health Rises From Valeant's Simmering Ashes

 
• By Jessica Merrill

Valeant will change its name to Bausch Health beginning in July and get a new ticker symbol, BHC, as the new management team looks to leave the company's checkered past behind.

New life concept or rising from ashes

Valeant Pharmaceuticals International Inc.'s management team and investors are hoping to get out from under the shadow cast by the company's checkered past with a name change to Bausch Health Companies Inc. in July; the company also will trade under a new ticker symbol, BHC.

"We looked at a number of available options and determined that the name Bausch Health Companies most accurately represents the full scope of our portfolio, which includes not only pharmaceuticals, but medical devices and over-the-counter consumer health products," CEO Joseph Papa said during the company's first quarter sales and earnings call May 8

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