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. (NYSE: BHC, TSX: BHC) generates a wide range of news relevant to investors, health care professionals and industry observers. As a global, diversified pharmaceutical company with operations in gastroenterology, hepatology, neurology, dermatology, dentistry, aesthetics, international pharmaceuticals and eye health, its disclosures cover both business performance and strategic activity.
News updates commonly include financial results and segment performance, such as quarterly revenue trends across Salix, International, Solta Medical, Diversified Products and Bausch + Lomb. The company also releases information on capital structure actions, including exchange offers for senior secured notes and amendments to credit agreements at Bausch Health and Bausch + Lomb, which are detailed in press releases and Form 8-K filings.
Bausch Health’s news flow highlights business development and acquisitions, for example the acquisition of DURECT Corporation to expand its hepatology portfolio and the acquisition of Wuhan Shibo Zhenmei Technology Co., Ltd. to strengthen Solta Medical’s distribution in China. Product and geographic expansion updates, such as OraPharma’s commercial expansion into Canada and Puerto Rico and regulatory milestones for aesthetic devices, also feature prominently.
In addition, the company announces conference participation and investor events, including presentations at healthcare conferences where management provides strategic and business updates and may discuss guidance ranges. For those tracking BHC, this news page offers a centralized view of official announcements on operations, financing, governance and growth initiatives. Investors and followers of the pharmaceutical and medical aesthetics sectors can review these items to understand how Bausch Health is executing on its stated priorities and managing its diversified portfolio.
Bausch Health has launched the Biotrue® Eye Care Recycling program, the first of its kind in the United States, allowing consumers to recycle eye drop single dose units, lens cases, and Biotrue® multi-dose bottles. This initiative, in collaboration with TerraCycle, aims to reduce environmental waste from these products. Participants can sign up for the program, collect eligible items, and mail them to TerraCycle for proper recycling. The program supports Bausch's ongoing commitment to sustainability in eye care packaging.
Bausch Health and its subsidiary Salix Pharmaceuticals released the Liver Health Annual Trends Report, highlighting critical gaps in chronic liver disease (CLD) care in the U.S. The report surveyed 100 healthcare providers, revealing that 38% are unaware of CLD management guidelines. An alarming 51% do not follow current American Association for the Study of Liver Diseases (AASLD) guidelines. CLD affects approximately 4.5 million Americans, with increasing cases of nonalcoholic fatty liver disease noted. The report emphasizes the urgent need for improved education and adherence to treatment standards.
Bausch Health Companies Inc. (BHC) announced the presentation of seven research findings related to its products XIFAXAN®, TRULANCE®, and RELISTOR® at the American College of Gastroenterology 2021 Annual Scientific Meeting in Las Vegas, from October 22-27, 2021. The new clinical data aims to improve patient care for gastrointestinal disorders. Salix Pharmaceuticals, a subsidiary, leads this initiative, reflecting its commitment to advancing gastrointestinal health.
XIPERE™, approved by the FDA, is the first medication for suprachoroidal injection in the U.S., targeting macular edema associated with uveitis. Developed by Bausch Health (BHC) and Clearside Biomedical (CLSD), it facilitates targeted delivery to the retina, potentially mitigating vision loss. Clinical trials indicate that 47% of patients showed significant visual acuity improvement compared to 16% in the control group. The product will be available in Q1 2022, offering a new therapeutic option in the eye health market.
Bausch Health Companies Inc. (NYSE/TSX: BHC) has appointed Tom Vadaketh as Chief Financial Officer (CFO) of Bausch Pharma, effective January 3, 2022. Sam Eldessouky will transition to CFO of Bausch + Lomb following its IPO completion. Vadaketh brings over 30 years of financial experience from various roles, including CFO positions at reputable firms. This leadership change aims to strengthen Bausch Pharma's financial management as they prepare for the IPO of their eye health business. The company emphasizes its commitment to advancing global health through innovative products.
Bausch Health Companies (NYSE/TSX: BHC) announced the presentation of eight posters at the Fall Clinical Dermatology Conference from Oct. 21-24, 2021. These posters will showcase analyses of the efficacy and safety of ARAZLO® (tazarotene) Lotion, DUOBRII® (halobetasol propionate and tazarotene) Lotion, and SILIQ® (brodalumab) injection. The presentations include key findings on long-term outcomes, quality of life improvements, and treatment recommendations for onychomycosis. Two educational events focusing on ARAZLO and DUOBRII will also be held during the conference.
Bausch + Lomb announced positive outcomes from the one-year evaluation of its LuxSmart™ lens, designed for continuous vision from distance to intermediate. Since its 2020 European launch, 5,000 cataract patients have been treated with the lens, adopted by 200 surgeons across 18 countries. Evaluation results indicate excellent vision performance with minimal dysphotopsia. The lens is preloaded and suitable for patients with co-morbidities, with up to 30% of patients gaining near vision.
There is a growing global market for presbyopia solutions, with an expected 1.8 billion people affected by 2050.
Bausch Health Companies Inc. (NYSE/TSX: BHC) will announce its third-quarter 2021 financial results on November 2, 2021, at 8:00 a.m. ET. The event will include a conference call for discussion on the results and a business update, accessible via the company's Investor Relations site. The company specializes in pharmaceutical, medical devices, and over-the-counter products focusing on eye health, gastroenterology, and dermatology.
Bausch Health and Novaliq announced statistically significant topline results from the MOJAVE Phase 3 trial of NOV03, a novel eye drop treatment for dry eye disease associated with Meibomian gland dysfunction. The trial met primary endpoints, showing significant improvements in total corneal staining and dryness scores at day 57, p 0.001. These findings reaffirm the safety and efficacy observed in earlier trials. A New Drug Application to the FDA is anticipated in 2022, potentially marking a significant advancement in treating millions suffering from dry eye disease.
Bausch Health Companies released its annual Environmental, Social and Governance (ESG) Report on Sept. 29, 2021, emphasizing a commitment to sustainability and stakeholder engagement. The report outlines progress in five key areas: Operate with Integrity, Respect the Environment, Advance Global Health, Improve Communities, and Support Employee Growth. Highlights include enhancing Diversity, Equity & Inclusion initiatives, expanding recycling efforts, and product donations during COVID-19. The full report is available on Bausch Health's website.