Valeant Pharmaceuticals Appoints President of Valeant Pharmaceuticals Int... ( ALISO VIEJO Calif. March 19 /- Valean...)

Valeant Pharmaceuticals Appoints President of Valeant Pharmaceuticals International

Date:3/19/2009

ALISO VIEJO, Calif., March 19 /PRNewswire-FirstCall/ -- Valeant Pharmaceuticals (NYSE: VRX) today announced that it has appointed Dr. Bhaskar Chaudhuri to the position of President, Valeant Pharmaceuticals International, effective March 10, 2009. In this role, Dr. Chaudhuri will assume responsibility for overseeing the Dow Services business, corporate business development activities, the branded generics operations in Mexico and Poland, and will be a member of Valeant's Executive Management Team.

About Dr. Bhaskar Chaudhuri

Prior to joining Valeant upon the Company's acquisition of Dow Pharmaceutical Sciences, Inc. on December 31, 2008, Dr. Chaudhuri served for seven years as President and Chief Executive Officer and a Member of Dow's Board of Directors. Before joining Dow, Dr. Chaudhuri served as Executive Vice President of Scientific Affairs at Bertek Pharmaceuticals, a subsidiary of Mylan Laboratories, where he oversaw the research and development activities for its Cardiovascular, Neurology and Dermatology businesses, as well as a segment of its manufacturing operations.

Prior to his positions at Bertek, Dr. Chaudhuri served as the General Manager of the Dermatology Division of Mylan Laboratories. Dr. Chaudhuri joined Mylan through the acquisition of Penederm Inc., where he was the Vice President of R&D from 1992 to 1998.

Dr. Chaudhuri has over 20 years experience in pharmaceutical management service, research and development. He holds a Doctorate in Physical Pharmacy, a Masters of Science in Industrial Pharmacy and a Bachelors of Science in Pharmacy.

As is the case with other members of Valeant's senior management, Dr. Chaudhuri's compensation package is directly linked to the performance of Valeant and is intended to provide a strong and direct link to the company's
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