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10 May 2011

Valeant Pharmaceuticals Reports Q1 Results

Valeant Pharmaceuticals International, Inc. announces its first quarter financial results for 2011.

Valeant Pharmaceuticals International, Inc. has announced its first quarter financial results for 2011.

 

Total revenue was $565.0 million in the first quarter of 2011 as compared to $219.6 million in the first quarter of 2010.  Included in total revenue was $36.0 million of alliance and royalty revenue related to the out-license of product rights for Cloderm, a mid-potency steroid with an annual revenue run rate of approximately $7 million, that was completed on March 31, 2011.  

 

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