Valeant ends relationship with Philidor

October 30, 2015 9:34 AM

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Oct 30 Valeant Pharmaceuticals International said it is terminating all ties with Philidor due to allegations relating to the specialty pharmacy distributor's business practices.

"We have lost confidence in Philidor's ability to continue to operate in a manner that is acceptable to Valeant," Chief Executive Michael Pearson said.

Also read: McKesson to Pay $150 Million for Failing to Report ‘Suspicious’ Drug Orders

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