@bauschhealth.com
Learn about Bausch Health, a global company whose mission is to improve people’s lives with our health care products.
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Bausch Health Companies, formerly known as Valeant Pharmaceuticals International Inc., is a multinational specialty pharmaceutical company headquartered in Laval, Quebec, Canada. The company was founded in 1960 by Milan Panić and initially focused on developing new technologies for time-release pharmaceuticals. Bausch Health offers a wide range of pharmaceutical products and services in various therapeutic areas, including dermatology, eye health, gastrointestinal diseases, neurology, and urology.
Their product portfolio encompasses prescription drugs, over-the-counter medications, medical devices, and branded generics. Notable brands under their umbrella include Bausch + Lomb, Salix Pharmaceuticals, Ortho Dermatologics, and Dendreon Pharmaceuticals. Operating globally, Bausch Health has established a significant presence in the pharmaceutical industry.
The company has subsidiaries and joint ventures in over 100 countries, expanding its reach to customers worldwide. Some noteworthy subsidiaries include Bausch Health Ireland, Bausch Health US LLC, Bausch Health Canada Inc., and Bausch Health Switzerland AG. In terms of market position, Bausch Health is recognized as a leading pharmaceutical company, boasting substantial global sales and a formidable presence in multiple therapeutic areas.
However, the company has faced challenges in recent years due to controversies surrounding its pricing practices and the debt incurred during an aggressive acquisition spree. This led to a corporate restructuring in 2018, with significant changes in leadership and a renewed focus on driving growth through organic product development. In 2020, Bausch Health sold off some non-core assets to reduce its debt burden and improve financial flexibility.
The company has also been actively involved in various research and development initiatives, aiming to bring innovative treatments to market. These efforts have included partnerships and collaborations with other pharmaceutical companies and academic institutions. As of the latest available information, Bausch Health continues to operate as a prominent player in the pharmaceutical industry.
The company remains committed to improving patient outcomes through the development and commercialization of advanced healthcare solutions
Company Type
Public Company
Company Size
10,001+
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