fbpx

Allergan attacks Valeant outright

 

In a document filed with the U.S. Securities and Exchange Commission, Allergan has launched an all-out attack on Valeant, the Canadian pharmaceutical company that is trying to acquire it.

 

Written by consultants, the document challenges Valeant’s business model. Allergan starts by raising concerns about Valeant’s real organic growth, which it estimates at -0.5% in 2013 and -1.4% in the first quarter of 2014.

 

Allergan also claims that Valeant’s recent acquisitions have shown poor performance. The document states that Bausch + Lomb reported erosion in units sold for three out of four of its largest products, leading to losses for which Valeant compensated with list price increases.

 

Allergan questions Valeant’s ability to manage a company of Allergan’s scale, due to its “limited experience with large, global scale products” and the stability of its management team and accounting practices.

 

Finally, the document attacks the inherent value of Valeant’s business model, which is based on serial acquisitions and cost cutting. In the specific case of Allergan, analysts doubt that Valeant will be able to cut operating costs by $3 billion without harming Allergan’s long-term viability.

 

Source:

http://eyewiretoday.com/view.asp?20140527-allergan_files_investor_presentation_detailing_concerns_about_the_sustainability_of_valeants_business_model

 

 

Featured Posts

Eye On the Industry podcast EOTI

Eye on the Industry Podcast Episode 2 Kicks Off with Laughter, Leadership—and a Sharp Focus on Children’s Vision

Episode 2 of the Eye on the Industry podcast dives into children’s vision care with guest Robert Dalton, spotlighting access, policy, and the call for a national strategy—with heart and humour.

Learn More
Optik Voila May-June 2025 Centennial Champion Look03

New for Spring –Champion Women’s Collection

Perfect for those looking to refresh their look for Spring, without compromising style, comfort and value.

Read more
5th World congress Optometry's Meeting 2025

Countdown Begins: Optometry’s Meeting® | 5th World Congress of Optometry (WCO5) Conference Launches in Two Weeks

The 5th World Congress of Optometry (WCO5) begins June 25, 2025, in Minneapolis. Hosted with AOA and AOSA, WCO5 offers 300+ CE hours, global networking, and industry-led innovation.

Read more
CSI Dry eye software

Version 6.0 Is Live: Introducing the New CSI Dry Eye Software Experience

CSI Dry Eye Software releases Version 6.0 featuring an intuitive dashboard, automated follow-ups, customizable reports, and enhanced patient engagement—designed with input from clinicians.

Read more
ClearVision logo

ClearVision Optical Fundraises and Celebrates its Legacy and Values at Founder’s Day

ClearVision Optical celebrated Founder’s Day with a creative Makers Fair and fundraiser supporting the Fred Friedfeld Memorial Scholarship at SUNY Optometry.

Read more
Eye On the Industry podcast EOTI

Eye on the Industry Podcast Episode 2 Kicks Off with Laughter, Leadership—and a Sharp Focus on Children’s Vision

Episode 2 of the Eye on the Industry podcast dives into children’s vision care with guest Robert Dalton, spotlighting access, policy, and the call for a national strategy—with heart and humour.

Learn More
Optik Voila May-June 2025 Centennial Champion Look03

New for Spring –Champion Women’s Collection

Perfect for those looking to refresh their look for Spring, without compromising style, comfort and value.

Read More
5th World congress Optometry's Meeting 2025

Countdown Begins: Optometry’s Meeting® | 5th World Congress of Optometry (WCO5) Conference Launches in Two Weeks

The 5th World Congress of Optometry (WCO5) begins June 25, 2025, in Minneapolis. Hosted with AOA and AOSA, WCO5 offers 300+ CE hours, global networking, and industry-led innovation.

Read More
CSI Dry eye software

Version 6.0 Is Live: Introducing the New CSI Dry Eye Software Experience

CSI Dry Eye Software releases Version 6.0 featuring an intuitive dashboard, automated follow-ups, customizable reports, and enhanced patient engagement—designed with input from clinicians.

Read More
ClearVision logo

ClearVision Optical Fundraises and Celebrates its Legacy and Values at Founder’s Day

ClearVision Optical celebrated Founder’s Day with a creative Makers Fair and fundraiser supporting the Fred Friedfeld Memorial Scholarship at SUNY Optometry.

Read More
Eye On the Industry podcast EOTI

Eye on the Industry Podcast Episode 2 Kicks Off with Laughter, Leadership—and a Sharp Focus on Children’s Vision

Episode 2 of the Eye on the Industry podcast dives into children’s vision care with guest Robert Dalton, spotlighting access, policy, and the call for a national strategy—with heart and humour.

Learn More
Optik Voila May-June 2025 Centennial Champion Look03

New for Spring –Champion Women’s Collection

Perfect for those looking to refresh their look for Spring, without compromising style, comfort and value.

Read more
5th World congress Optometry's Meeting 2025

Countdown Begins: Optometry’s Meeting® | 5th World Congress of Optometry (WCO5) Conference Launches in Two Weeks

The 5th World Congress of Optometry (WCO5) begins June 25, 2025, in Minneapolis. Hosted with AOA and AOSA, WCO5 offers 300+ CE hours, global networking, and industry-led innovation.

Read more
CSI Dry eye software

Version 6.0 Is Live: Introducing the New CSI Dry Eye Software Experience

CSI Dry Eye Software releases Version 6.0 featuring an intuitive dashboard, automated follow-ups, customizable reports, and enhanced patient engagement—designed with input from clinicians.

Read more
ClearVision logo

ClearVision Optical Fundraises and Celebrates its Legacy and Values at Founder’s Day

ClearVision Optical celebrated Founder’s Day with a creative Makers Fair and fundraiser supporting the Fred Friedfeld Memorial Scholarship at SUNY Optometry.

Read more
Eye On the Industry podcast EOTI

Eye on the Industry Podcast Episode 2 Kicks Off with Laughter, Leadership—and a Sharp Focus on Children’s Vision

Episode 2 of the Eye on the Industry podcast dives into children’s vision care with guest Robert Dalton, spotlighting access, policy, and the call for a national strategy—with heart and humour.

Learn More
Optik Voila May-June 2025 Centennial Champion Look03

New for Spring –Champion Women’s Collection

Perfect for those looking to refresh their look for Spring, without compromising style, comfort and value.

Read more
5th World congress Optometry's Meeting 2025

Countdown Begins: Optometry’s Meeting® | 5th World Congress of Optometry (WCO5) Conference Launches in Two Weeks

The 5th World Congress of Optometry (WCO5) begins June 25, 2025, in Minneapolis. Hosted with AOA and AOSA, WCO5 offers 300+ CE hours, global networking, and industry-led innovation.

Read more
CSI Dry eye software

Version 6.0 Is Live: Introducing the New CSI Dry Eye Software Experience

CSI Dry Eye Software releases Version 6.0 featuring an intuitive dashboard, automated follow-ups, customizable reports, and enhanced patient engagement—designed with input from clinicians.

Read more
ClearVision logo

ClearVision Optical Fundraises and Celebrates its Legacy and Values at Founder’s Day

ClearVision Optical celebrated Founder’s Day with a creative Makers Fair and fundraiser supporting the Fred Friedfeld Memorial Scholarship at SUNY Optometry.

Read more