Valeant Pharma (VRX) CEO Papa: Dermatology has Been 'A Challenge' for Us - Bloomberg

September 13, 2016 9:24 AM EDT

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Valeant Pharma (NYSE: VRX) CEO Joe Papa commented today that dermatology has been "a challenge" for us, according o Bloomberg.

Papa also commented:

  • We're seeing growth in new prescriptions for Salix
  • We plan to spend more in R&D in branded prescriptions
  • We've stopped DTC advertising in 2016
  • We plan to announce sales of assets by end of 2016

Papa is speaking at the Morgan Stanley Global Healthcare Conference this morning at 10:00am ET. The webcast is here.

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