November 30, 2016 Sophia Vida
Biotech & Pharma

Valeant (VRX) Shares Got Crushed After Huge Talks With Japan Fall Apart

Valeant Pharmaceuticals shares fell almost 8% on Wednesday after news surfaced that the company’s talks to sell its stomach-drug unit Salix Pharamceuticals, to Takeda Pharmaceutical of Japan, have fallen through. Rumors from earlier this month said that Valeant was in talks with Takeda to sell its Salix unit for around $10 billion. According to sources … Continue reading “Valeant (VRX) Shares Got Crushed After Huge Talks With Japan Fall Apart”