Valeant Dumps Philidor As Stock Keeps Hemorrhaging

By | October 30, 2015

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Beleaguered drug giant Valeant Pharmaceuticals International (VRX) announced Friday that it’s severing all ties with specialty pharmacy Philidor, which it said would be shutting down completely as criticism mounts over its business practices. Philidor first hit the headlines last week, when the New York Times mentioned it in an article about specialty pharmacies. A few days later, short seller Citron Research claimed that Philidor was really a Scalper1 News

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