We are non core assets

Discussion in 'ECR Pharmaceuticals' started by anonymous, Mar 22, 2016 at 7:18 AM.

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  1. anonymous

    anonymous Guest

    http://www.reuters.com/article/us-valeant-ceo-idUSKCN0YE1LT

    Papa told investors at the UBS Global Healthcare Conference that the company would fund the payoffs in part through the sale of non-core assets outside of its main franchises if it can get attractive prices for the assets.

    Papa said core assets include the dermatology business, Bausch & Lomb eyecare, and its gastroenterology products, many of which were acquired in its purchase of Salix Pharmaceuticals last year.

    ...No mention of ECR being a core asset folks. We have six months max.