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A Renewal Begins For Bausch (Née Valeant), But Challenges Ahead

 
• By Jessica Merrill

The company reported a second quarter of organic sales growth, though revenues declined because of divestitures. Dermatology and Diversified Products segments continued to face challenges, and the company is working to respond to an FDA CRL for potential new dermatology product Duobrii.

Sunshine

Bausch Health Companies Inc. held its first sales and earnings call Aug. 7 after transitioning to the new name from the tarnished Valeant Pharmaceuticals. The company, operating also under new leadership and a new ticker symbol, continues to show slow steady progress, reporting organic sales growth in the second quarter, the second consecutive quarter of growth, even though revenues declined 5% to $2.12bn including divestitures.

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