Tag: its-financial
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Valeant to restate results after Philidor review
(Reuters) – Valeant Pharmaceuticals International Inc said it would restate its financial results for 2014 and 2015 after identifying some sales to Philidor that should have been recognized when products were dispensed to patients. Shares of Valeant Pharmaceuticals International Inc slumped about 18 percent on Monday, the second straight day of steep declines, wiping out…