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Valeant stock slides after feds flunk new glaucoma drug


Another Friday, another dose of bad news for Bill Ackman. Federal regulators Friday failed to approve Valeant Pharmaceuticals’ glaucoma drug due to concerns about the drug’s manufacturing facility. The news sent shares of the embattled pharma giant sliding 6.5 percent in Friday afternoon trading. Ackman’s Pershing Square has a 6 percent stake in the Canadian...
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Source: New York Post


21:11, July 22, 2016 Carleton English

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