Slide #5. Valeant Pharmaceuticals International, Inc. — Secondary Offering
Valeant Pharmaceuticals International, Inc. (NYSE:VRX)
Secondary Offering Details:
Valeant Pharmaceuticals International, Inc. (NYSE: VRX and TSX: VRX) announced today that it has filed a preliminary prospectus supplement to its effective shelf registration statement on Form S-3 and has today made a similar filing with securities regulatory authorities in each of the provinces of Canada in connection with a public offering of its common shares to raise gross proceeds of approximately $1.75 billion (the "Offering").
Valeant Pharmaceuticals International is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Co.'s specialty pharmaceutical and over-the-counter (OTC) products are marketed under brand names across the U.S., Canada, Australia and New Zealand. Co. also has branded generic, branded, and OTC operations in Europe, Latin America, South East Asia and South Africa. As of Dec 31 2011, Co.'s product portfolio comprises of 900 products, with about 4,100 stock keeping units. Co.'s segments are: U.S. Neurology and Other; U.S. Dermatology; Canada and Australia; Branded Generics — Europe; and Branded Generics — Latin America.
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