Bausch Health Companies, Inc. Overview
Company Headquarters: Laval, Canada
Founded: 1959
Workforce: ~21,700
Company Working: Bausch Health Companies Inc. (Bausch Health) is one of the leading multinational specialty pharmaceutical company. The company develops, manufactures, and markets products for therapeutic areas such as gastroenterology (GI), dermatology, and eye health. It provides a broad range of over-the-counter (OTC) products, generic and branded generic pharmaceuticals, medical device, and branded pharmaceuticals. It was formerly known as Valeant Pharmaceuticals International, Inc. and changed its name to Bausch Health Companies Inc. effective from July 2018. Bausch Health Companies Inc. provides its dermatology products through its segment named Ortho Dermatologics.
Strategy
The strategy of Bausch Health is to innovate, manufacture, test, and deliver the best quality eye care products. The company focuses on acquisition and collaboration, increase its product portfolio, and invest in infrastructure in emerging markets to strengthen its sales. It focuses on making externally sourced programs a more significant component of its pipeline strategy, with an increasing focus on internal research and external alliance through strategic collaborations. It is also engaged in increasing the product portfolio via R&D investments.
