Medicis Pharmaceutical Corporation Blog | Talkmarkets | Page 1
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Valeant Pharmaceuticals: Part IIIA: Corrections And Amplifications On The Medicis Restructuring Charges
Article By: Bronte Capital
Friday, June 13, 2014 5:56 AM EDT
As shown in Part II, Valeant Pharmaceuticals makes huge and increasing losses after very large restructuring and other one-off expenses. If the GAAP accounts are the beginning and end of the story then Valeant is headed for bankruptcy. It has large and increasing losses and $17 billion in debt.
In this article: MRX, VRX
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Valeant Pharmaceuticals Part III: Assessing The One-off Charges From The Medicis Merger
Article By: Bronte Capital
Friday, June 13, 2014 4:12 AM EDT
In Part II of this series I explained how to look at Valeant Pharmaceutics GAAP and non-GAAP accounts. In particular I showed how the GAAP accounts show large and increasing losses which the company asks you to look through.
In this article: MRX, VRX
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