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Valeant Pharma (VRX) CEO Pearson Says Company 'is Going to Survive'

November 10, 2015 9:25 AM EST

With its conference call today, Valeant Pharma (NYSE: VRX) said it doesn't have contingency plans if the stock keeps falling and it will sustain a short-term hit in its dermatology business.

CEO Michael Pearson also the company "is going to survive" and this is a "difficult" period for shareholders and the company.

Shares of Valeant are modestly lower in early trading. For more commentary from today's call, click here.



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