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Bausch Health Companies reports US$610-million Q1 loss, revenue edges higher | iNFOnews


Ross Marowits
The headquarters of Bausch Health Solutions, formerly known as Valeant Inc., is seen in Laval, Que., on February 20, 2019. THE CANADIAN PRESS/Ryan Remiorz
May 04, 2021 - 11:24 AM
Bausch Health Companies Inc. is preparing to spin off its eyecare business this fall while also considering suitable alternatives including a sale of the business, the company s CEO said Tuesday.
We have a value in our mind for that business. But if there are others that want to pay a price that is equivalent to that value, we re always going to do what we believe is the right thing to do for our shareholders and evaluate that those types of offers, chairman and CEO Joseph Papa told analysts during a conference call about Bausch Health s first quarter report. ....

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