Ailing CEO of embattled pharma company Valeant on medical leave

December 28, 2015 9:48 PM

26 0

LAVAL, Quebec, Dec. 28 (UPI) -- The CEO and chairman of Valeant Pharmaceuticals International has taken medical leave for a severe case of pneumonia, the company said Monday.

J. Michael Pearson, 56, had been hospitalized in New Jersey for what Valeant called a severe case of pneumonia. The chief executive has since been moved to another hospital in an undisclosed location, however.

Also read: Dollar Tree Shuffles Management Ranks, Names Gary Philbin CEO

Read more

To category page