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 Companies (NYSE/TSX: BHC) has confirmed it is exploring potential sale options for its subsidiary Bausch + Lomb (NYSE/TSX: BLCO) as one of several alternatives to complete their separation. The statement was issued in response to a request from the Canadian Investment Regulatory Organization (CIRO) due to stock volatility concerns related to market rumors.
The company emphasized that while the Board of Directors has authorized management to explore a potential sale, no decision has been made to proceed with any particular transaction, and there is no guarantee that the process will result in a deal. The company stated it will not provide additional details until further disclosure becomes appropriate or necessary.
Bausch Health (NYSE/TSX:BHC) and its GI business, Salix Pharmaceuticals, along with major health organizations, are commemorating the second annual Opioid-Induced Constipation (OIC) Awareness Day on December 5, 2024. The initiative aims to raise awareness about OIC, a common side effect of opioid treatment.
According to statistics, approximately 21% of U.S. adults experienced chronic pain in 2021, with 22% of chronic pain patients receiving opioid prescriptions in 2019. To support the cause, Salix has updated the OICAwarenessDay.com website with resources for healthcare providers, patients, and caregivers. The campaign includes partnerships with influencers, a content program with Chronicon, and social media engagement using hashtags #OICAwarenessDay and #vOICesOfOIC.
Bausch Health (NYSE/TSX:BHC) has appointed Jonathan Sadeh M.D., M.Sc as Executive Vice President, Chief Medical Officer and Head of R&D. Dr. Sadeh brings over 20 years of experience in clinical research and drug development, most recently at Bristol-Meyers Squibb where he served as Senior Vice President and Global Programs Head. His track record includes multiple drug approvals in dermatology and gastroenterology. Dr. Sadeh holds a master's degree from Harvard Medical School and a medical degree from Mount Sinai School of Medicine, with previous experience at Sanofi, Astra-Zeneca, and Schering-Plough.
Bausch Health and Salix Pharmaceuticals announced the presentation of their RED-C Phase 3 clinical trial program at AASLD. The study evaluates a next-generation soluble solid dispersion (SSD) immediate-release rifaximin product designed to delay the onset of first overt hepatic encephalopathy (OHE) hospitalization in cirrhosis patients. The program consists of two global Phase 3 trials involving over 1,000 patients across 398 study sites in 17 countries. Patient enrollment is complete, with efficacy and safety results pending. The therapeutic aims to enhance gastrointestinal luminal solubility while limiting systemic exposure, addressing an unmet medical need as there are currently no approved medications for primary prophylaxis of OHE in cirrhosis.
Bausch Health Canada announced positive reimbursement recommendations from Canada's Drug Agency (CDA) and Quebec's INESSS for PrCABTREO, their triple-combination topical treatment for acne vulgaris. The gel, containing clindamycin phosphate, adapalene, and benzoyl peroxide, is approved for patients 12 years and older. As the first and only triple-combination topical acne treatment approved by Health Canada, CABTREO combines three mechanisms of action. The company will now work with the pan-Canadian Pharmaceutical Alliance to finalize reimbursement terms for Canada's public drug plans. The prescription therapy is currently available through pharmacies across Canada.
Bausch Health (BHC) reported strong Q3 2024 results with consolidated revenues of $2.51 billion, up 12% year-over-year, marking the sixth consecutive quarter of growth. The company achieved organic revenue growth of 9%, with all segments showing positive performance. Despite a GAAP net loss of $85 million, Adjusted EBITDA increased 10% to $909 million. Notable segment performances included Bausch + Lomb (+19%), Solta Medical (+35%), and Salix (+5%). Based on these results, BHC raised its full-year 2024 guidance, projecting revenues between $9.500-$9.675 billion and Adjusted EBITDA of $3.275-$3.375 billion.
Bausch Health announced upcoming presentations at the American College of Gastroenterology 2024 Annual Scientific Meeting, featuring key analyses of Xifaxan and Plenvu. The main highlight is a Presidential Plenary presentation comparing Xifaxan monotherapy to lactulose monotherapy in reducing overt hepatic encephalopathy (OHE) recurrence and mortality. Additional research includes data on Xifaxan's impact on OHE rehospitalizations in commercial and Medicare patients, and Plenvu's efficacy as a bowel preparation medication in patients with comorbid conditions or taking medications affecting bowel prep quality.
Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) has announced that it will release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024. The company will host a conference call and live webcast at 5:00 p.m. U.S. EST to discuss the results and provide a business update.
All materials related to the financial results will be made available on the Investor Relations section of the Bausch Health website prior to the start of the call. Interested parties can access the webcast through the company's website. A replay of the conference call will also be available on the investor relations website for those unable to attend the live event.
To participate in the live Q&A session, individuals must register using a provided link to receive confirmation and further details via email.
Bausch Health and Salix have released the Liver Health Trends Report in Action, highlighting the urgent need for improved understanding of liver disease across healthcare providers. The report reveals that care for chronic liver disease (CLD) patients is increasingly falling on non-specialists who require better education and support.
Key findings include:
- Approximately 4.5 million U.S. adults are diagnosed with CLD, which can lead to cirrhosis
- CLD is the tenth leading cause of death in the U.S., with mortality projected to nearly triple by 2030
- People with cirrhosis have nearly double the post-emergency department visit mortality rate compared to chronic heart failure patients
The report calls for holistic, multi-disciplinary treatment approaches, consistent use of non-invasive screening tools, and better education to identify at-risk patients sooner. It also emphasizes the need for broader adoption of user-friendly guidelines, investment in community-based care resources, and increased awareness of screening guidelines for metabolic dysfunction-associated steatotic liver disease (MASLD).
Health Canada has approved CABTREO, a new triple-combination topical treatment for acne vulgaris in patients 12 years and older. Developed by Bausch Health (NYSE:BHC, TSX:BHC), CABTREO is the first and only triple-combination topical acne treatment approved in Canada, combining an antibiotic (clindamycin phosphate), a retinoid (adapalene), and an antibacterial agent (benzoyl peroxide). The once-daily gel has shown significant success in reducing both inflammatory and non-inflammatory acne lesions. CABTREO will be available in Canadian pharmacies in Q4 2024, offering a new option for millions of Canadians affected by acne.
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