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Valeant Pharmaceuticals Reports Fourth Quarter and Full Year Financial Results
Date:2/24/2009

ed as a supplement to, not a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. This presentation includes Cash Earnings Per Share, which is a non-GAAP financial measure that represents earnings per share, excluding acquired in-process research and development, restructuring assets impairments and dispositions, amortization expense, gain or loss on early extinguishment of debt and the tax effect of such charges. Valeant Pharmaceuticals International Table 3 Consolidated Condensed Statement of Product Sales - by Segment For the Three and Twelve Months Ended December 31, 2008 and 2007 (In thousands) Three Months Ended Twelve Months Ended Product sales December 31, December 31, % % 2008 2007 Change 2008 2007 Change Specialty pharmaceuticals U.S. Dermatology (a) $31,598 $30,170 5% $91,708 $92,751 -1% Neurology & Other 39,855 35,187 13% 127,641 131,968 -3% Total U.S. (a) 71,453 65,357 9% 219,349 224,719 -2% Canada 14,161 14,810 -4% 56,988 51,952 10% Australia (a) 3,558 4,109 -13% 21,602 19,467 11% 89,172 84,276 6% 297,939 296,138 1% Divested business - 7,426 -- 5,784 30,544 -81% Total specialty pharmaceuticals 89,172 91,702 -3% 303,723 326,682 -7% Branded generic - Latin America 36,930 44,381 -17% 136,638 151,299 -10% Branded generic - Europe 35,921 35,908 0% 152,804 125,070 22% $162,023 $171,991 -6
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SOURCE Valeant Pharmaceuticals International
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