Bausch Health
↗Laval, Canada
Bausch Health Companies Inc. is a global, diversified pharmaceutical company that develops, manufactures, and markets a wide range of products, primarily in the therapeutic areas of gastroenterology, hepatology, neurology, dermatology, and eye health. Formerly known as Valeant Pharmaceuticals International, the company rebranded in 2018 to distance itself from past controversies and focus on its core brands like Salix, Ortho Dermatologics, and its majority stake in Bausch + Lomb.
The company operates with a significant global footprint, selling products in over 90 countries. Its business model relies heavily on key blockbuster assets such as Xifaxan (rifaximin) for IBS-D and hepatic encephalopathy. Bausch Health is currently undergoing a multi-year strategic transformation, which includes the potential full separation of its eye-care business, Bausch + Lomb, and a focus on reducing its significant debt load through refinancing and asset optimization.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Specialty Pharmaceuticals & Medical Devices
SIZE & FINANCIALS
Employees:10000+
Revenue:$9.6B
Founded:1959
Ownership:public
Status:operating
FUNDING
Stage:Pre-IPO
Investors:Paulson & Co., Vanguard Group, BlackRock
STOCK
Exchange:NYSE
Ticker:BHC
Market Cap:$2.59B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (Xifaxan)
Modalities:Small molecule, Topical gels, Medical devices, Contact lenses
Active Trials:100
Trial Phases:Phase 1: 12 | Phase 2: 18 | Phase 3: 10 | Phase 4: 5
FDA Approvals:78
EMA Approvals:45
CORPORATE STRUCTURE
Subsidiaries:Salix Pharmaceuticals, Bausch + Lomb (88% ownership), Ortho Dermatologics, Solta Medical, PharmaSwiss
Key Partnerships:Clearside Biomedical (Xipere), George Medicines (GMRx2 licensing)
COMPETITION
Position:Leader
Competitors:AbbVie, Takeda, Galderma, Teva Pharmaceuticals
LEADERSHIP
Key Executives:
Thomas J. Appio - CEO
Jean-Jacques Charhon - CFO
Jonathan Sadeh - EVP, Chief Medical Officer and Head of R&D
Scientific Founders:Milan Panić
Board Members:John A. Paulson (Chairperson), Michael Goettler, Sandra Leung
LINKS
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