Welcome to our dedicated page for Bausch Health Companies news (Ticker: BHC), a resource for investors and traders seeking the latest updates and insights on Bausch Health Companies stock.
Bausch Health Companies Inc. operates as a global diversified pharmaceutical company with business segments spanning gastroenterology, hepatology, neurology, dermatology, dentistry, aesthetics, and eye health. News related to Bausch Health may cover developments across any of these therapeutic areas, including product approvals, clinical trial results, regulatory actions, and commercial launches. The company's Salix business unit focuses on gastroenterology products, with particular emphasis on treatments for hepatic encephalopathy, irritable bowel syndrome, and other gastrointestinal conditions.
Corporate news may include updates on the company's debt management strategies, as Bausch Health has historically carried significant debt obligations stemming from acquisitions. Financial reporting typically addresses performance across the five business segments: Salix, International, Solta Medical, Diversified, and Bausch + Lomb. The Bausch + Lomb eye health business represents a substantial portion of company operations and may generate independent news flow regarding vision care products, contact lenses, ophthalmic pharmaceuticals, and surgical equipment.
Dermatology news through the Ortho Dermatologics business may cover new acne treatments, psoriasis therapies, and other prescription dermatology products. Aesthetic medicine developments from Solta Medical often involve non-invasive cosmetic treatment technologies. Strategic acquisitions represent a key component of Bausch Health's growth strategy, with the company periodically acquiring businesses with complementary products in core therapeutic areas. Patent litigation and intellectual property matters frequently impact pharmaceutical companies, and Bausch Health may face generic competition for key products as patents expire.
Regulatory filings, including SEC reports, clinical trial registrations, and FDA submissions, provide transparency into company operations and pipeline developments. Investors monitor revenue trends across business segments, particularly the gastroenterology franchise which includes high-value products. Generic pharmaceutical competition, international market performance, and research and development progress all contribute to the ongoing narrative around this diversified pharmaceutical enterprise.
Bausch Health (BHC) and Novaliq GmbH announced positive results from the pivotal Phase 3 trial (GOBI) for NOV03, a novel eye drop treatment for dry eye disease associated with Meibomian gland dysfunction. The study involved 597 participants and demonstrated that NOV03 met both primary endpoints: a significant decrease in total corneal fluorescein staining and improved eye dryness scores at day 57 (P<0.001). The treatment was well tolerated with low adverse event rates. The companies plan to submit for FDA approval in Q2 2022, potentially addressing a significant unmet medical need.
Bausch + Lomb has achieved a significant milestone by recycling over 48 million units, equivalent to 290,145 pounds of contact lenses and related materials, through its ONE by ONE and Biotrue® Eye Care Recycling programs. These initiatives, launched in collaboration with TerraCycle, prevent waste from ending up in landfills. The ONE by ONE program has recycled over 48 million items since 2016, while the Biotrue® program has collected over 153,222 items since its launch in April 2021. Both programs highlight Bausch + Lomb's commitment to sustainability in eye health.
Bausch Health Companies Inc. (BHC) announced a planned separation of its eye health business, Bausch + Lomb, which intends to enter a new credit agreement. This agreement includes a $2.5 billion term loan and a $500 million revolving credit facility, both maturing in 2027. The funds from the term loan will be used to repay an intercompany note to Bausch Health following Bausch + Lomb's initial public offering. The completion of these transactions is subject to market conditions and other approvals, anticipated to close in Q2 2022.
Bausch Health (NYSE/TSX: BHC) announced the presentation of 10 podium and 2 poster presentations at the upcoming American Society of Cataract and Refractive Surgery annual meeting, from April 22-26, 2022, in Washington, D.C. Key highlights include results from the pivotal Phase 3 trial of NOV03, aimed at treating dry eye disease associated with Meibomian gland dysfunction. The trial results will be featured in a presentation titled "Efficacy of Perfluorohexyloctane on Signs and Symptoms of Dry Eye Disease: The Gobi Study." Bausch + Lomb aims to support surgeons with ongoing scientific exchange.
Salix Pharmaceuticals, part of Bausch Health Companies (BHC), announced it will present four research posters at the Society of Hospital Medicine (SHM) Converge 2022, held from April 7-10 in Nashville, TN. The featured studies cover XIFAXAN® (rifaximin) for hepatic encephalopathy and RELISTOR® (methylnaltrexone bromide) for opioid-induced constipation. Key findings include XIFAXAN’s effectiveness in reducing emergency department visits and RELISTOR’s safety profiles. These presentations aim to enhance awareness of treatment options in gastroenterology.
Bausch Health Companies Inc. (NYSE/TSX: BHC) announced plans to reduce debt by $200 million by paying down senior secured term loans on March 31, 2022. This strategic move will be financed through cash generated from operations, demonstrating the company's commitment to improving its financial health. Bausch Health continues to focus on enhancing its portfolio in therapeutic areas such as eye health, gastroenterology, and dermatology.
Bausch Health and Clearside Biomedical announced the U.S. commercial launch of XIPERE®, the first FDA-approved therapy for suprachoroidal injection, designed to treat macular edema associated with uveitis. This therapy aims to address a serious condition affecting approximately 300,000 Americans, which can lead to vision loss. Key features include targeted delivery through the proprietary SCS Microinjector®, providing higher bioavailability and lower side effects compared to traditional methods. Training for eye care professionals on administration techniques is highlighted as crucial for successful implementation.
Bausch Health Companies (NYSE/TSX: BHC) announced a study demonstrating that FDA-approved medications for opioid-induced constipation (OIC), particularly RELISTOR®, significantly reduce hospitalization rates and costs. Research published in Advances in Therapy showed a 64% lower chance of hospitalization for OIC patients treated with OIC-Rx compared to those who were not. Furthermore, patients treated with RELISTOR had a reduction of $781 in healthcare costs per emergency department encounter. The study highlights the potential healthcare benefits and cost-effectiveness of using RELISTOR in OIC management.
Solta Medical Corporation, a subsidiary of Bausch Health Companies Inc. (BHC), has appointed Gary Gemignani as Chief Financial Officer, effective March 28, 2022. Gemignani brings over 35 years of experience in finance, previously serving as CFO for various pharmaceutical firms. His extensive background is expected to support Solta as it prepares for a potential IPO following a public filing on February 8, 2022. The IPO will involve Solta’s common shares, pending market conditions and regulatory approvals.
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