Navigation Links
Valeant Pharmaceuticals Responds to Cephalon Board's Letter
Date:4/21/2011

MISSISSAUGA, Ontario, April 21, 2011 /PRNewswire/ -- Valeant Pharmaceuticals International, Inc. (NYSE: VRX) (TSX: VRX) today issued the following statement to shareholders of Cephalon, Inc. (NASDAQ: CEPH):

In a letter to its shareholders today, the Cephalon Board of Directors stated that it "is presently undertaking a review of all of the Company's alternatives and options – and is focused on maximizing Cephalon shareholder value."  We know for certain that Cephalon has not engaged with Valeant despite what we believe to be a compelling all-cash $73 per share offer, even though we have repeatedly stated that our offer price could increase if Cephalon engaged with us and permitted us to conduct due diligence.  As it has been over a month since we presented our offer to Cephalon, we believe the Cephalon shareholders deserve answers to the following questions:

  • Exactly which "alternatives and options," beyond the continuation of Cephalon's current risky standalone plan, are being reviewed by the Cephalon Board of Directors, and what is the timeframe for that review?
  • Does its review include a potential sale of Cephalon? If so, why hasn't the Cephalon Board of Directors engaged with Valeant?
  • How can the Cephalon Board of Directors truly be undertaking a review of all "alternatives and options," with a focus "on maximizing Cephalon shareholder value," without engaging with Valeant to determine exactly how much Valeant may be willing to offer following due diligence?
  • Why does the Cephalon Board of Directors insist on continuing to stand between Valeant's all-cash offer and the owners of Cephalon?

About Valeant

Valeant Pharmaceuticals International, Inc. (NYSE: VRX) (TSX: VRX) is a multinatio
'/>"/>

SOURCE Valeant Pharmaceuticals International, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Valeant Pharmaceuticals Announces Redemption of 4.0% Convertible Subordinated Notes Due 2013
2. Regulatory Update - GSK and Valeant Respond to FDA on ezogabine
3. Valeant Pharmaceuticals Adds Corporate Governance Expert Abe Friedman to its Slate of Proposed Cephalon Directors
4. Valeant Pharmaceuticals Files Presentation for Cephalon Stockholders
5. Valeant Pharmaceuticals Files Preliminary Consent Solicitation Statement With the SEC
6. Promius Pharma and Valeant Form Collaboration to Market Cloderm® Cream in the United States
7. Valeant Pharmaceuticals Proposes to Acquire Cephalon, Inc. for $73 Per Share in Cash
8. GSK and Valeant Receive European Authorisation for Trobalt (retigabine)
9. Valeant Pharmaceuticals Extends Contract with J. Michael Pearson as CEO and Appoints Him as Chairman of the Board
10. Valeant Pharmaceuticals Completes Acquisition of PharmaSwiss S.A.
11. Valeant Announces Pricing of Senior Notes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/30/2014)... NEW YORK , July 30, 2014 ... of new products for oncology supportive care, announced that ... has been featured in an article on OncLive.com titled, ... Head and Neck Cancers."  Dr. Steve Sonis , ... the growing demand seen in the oncology community for ...
(Date:7/30/2014)... July 30, 2014 /PRNewswire-iReach/ -- This is a ... Chinese Heparin sodium (CAS 9041-08-1) & calcium (CAS ... information of Heparin sodium (CAS 9041-08-1) & calcium ... technology. The report then explores global and China,s ... calcium (CAS 37270-89-6) listing their product specification, capacity, ...
(Date:7/30/2014)... 2014   Medical Equipment Solutions, Corp. are ... Department of Defense (US Army) contract valued at over ... MRI diagnostic machine and technical support staffing. As an ... Small Business Administration (SBA), Medical Equipment is proud to ... latest medical diagnostic equipment. The SBA 8-A certification is ...
Breaking Medicine Technology:Access Pharmaceuticals Featured On OncLive.com 2Access Pharmaceuticals Featured On OncLive.com 3Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 2Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 3Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 4Heparin Sodium & Calcium Industry for Global and Chinese Markets Forecast to 2019 5Medical Equipment Solutions Corp. Awarded $2 Million contract To Service DoD 2
... and Glycemic Control Benefits of PistachiosNEW ORLEANS, April 22 ... The little green nuts may do more for ... snack food choices, according to research presented this week ... from UCLA and the University of ...
... Pharmaceutical Inc. (Nasdaq: BMRN ) announced today ... BMN-110 or N-acetylgalactosamine 6-sulfatase (GALNS), intended for the treatment ... IVA), or Morquio A Syndrome. The company expects ... 2010. "We plan to leverage our clinical, manufacturing ...
Cached Medicine Technology:Pistachios Offer Protective Benefits Against Heart Disease, Type II Diabetes and Obesity 2Pistachios Offer Protective Benefits Against Heart Disease, Type II Diabetes and Obesity 3Pistachios Offer Protective Benefits Against Heart Disease, Type II Diabetes and Obesity 4BioMarin Initiates Phase 1/2 Clinical Trial for GALNS for Morquio A Syndrome 2BioMarin Initiates Phase 1/2 Clinical Trial for GALNS for Morquio A Syndrome 3BioMarin Initiates Phase 1/2 Clinical Trial for GALNS for Morquio A Syndrome 4
(Date:7/30/2014)... Bentonville, AR (PRWEB) July 30, 2014 ... providing their patients with free oral cancer screenings. Using ... team will work to detect the disease in its ... the lips, tongue, cheek, mouth, sinuses, throat and other ... National Cancer Institute’s Surveillance, Epidemiology, and Ends Results (SEER) ...
(Date:7/30/2014)... Falls Church, VA (PRWEB) July 30, 2014 ... Investigations , Understanding Advanced Critical Thinking Skills and ... , **Presented by Immel Resources and FDAnews**, Sept. ... , CAPA has been the #1 reason for ... plan makes it clear: Developing a successful CAPA ...
(Date:7/30/2014)... Ann Arbor, MI (PRWEB) July 30, 2014 ... Madrid vs. Manchester United Tickets in Ann Arbor, MI on ... in the world of international football will be competing on American ... at “The Big House,” in Ann Arbor, Mich. The home of ... venue is one of the most prestigious in all of American ...
(Date:7/30/2014)... Reinberg HealthDay Reporter WEDNESDAY, ... United States, at least 2,000 Americans die from extreme heat ... Heat waves, heat stroke or sun stroke caused nearly one-third ... 2010, according to the U.S. Centers for Disease Control and ... of body heat -- accounted for 63 percent of those ...
(Date:7/30/2014)... 2014 Volunteers from the Church of ... abuse this summer with massive distribution of Truth ... find these volunteers on Strøget, the famous Copenhagen walking ... its shopping and its ambiance, some quarter of a ... summer day. , These activities are part of ...
Breaking Medicine News(10 mins):Health News:Restore Dental Offers Complimentary Oral Cancer Screenings in August 2Health News:FDAnews Workshop: Conducting Advanced Root Cause Analysis CAPA Investigations, Sept. 17-18, 2014, Raleigh, NC 2Health News:FDAnews Workshop: Conducting Advanced Root Cause Analysis CAPA Investigations, Sept. 17-18, 2014, Raleigh, NC 3Health News:FDAnews Workshop: Conducting Advanced Root Cause Analysis CAPA Investigations, Sept. 17-18, 2014, Raleigh, NC 4Health News:Manchester United vs. Real Madrid Tickets Ann Arbor: Ticket Down Slashes Ticket Prices for Real Madrid vs. ManU Guinness International Champions Cup Match 2Health News:Manchester United vs. Real Madrid Tickets Ann Arbor: Ticket Down Slashes Ticket Prices for Real Madrid vs. ManU Guinness International Champions Cup Match 3Health News:Manchester United vs. Real Madrid Tickets Ann Arbor: Ticket Down Slashes Ticket Prices for Real Madrid vs. ManU Guinness International Champions Cup Match 4Health News: Extreme Weather Kills 2,000 in U.S. Each Year: CDC 2Health News: Extreme Weather Kills 2,000 in U.S. Each Year: CDC 3
... - Advance directive forms that attempt to steer users toward ... a bad name, Aging with Dignity President says - ... Malley, President of the national non-profit organization Aging with Dignity, said ... Veterans Affairs current advance care planning tool, "Your Life, Your Choices." ...
... Ky., Aug. 19 VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) ... the announcement made earlier this week on August 17th regarding the ... fees as well as VHGI,s agreement to revise the terms of ... August 17th release please go to http://www.virtu a ...
... safely and painlessly, researchers say , WEDNESDAY, Aug. 19 ... may someday offer a painless alternative to hypodermic ... The technique could make flu shots a thing of ... safer and more effective, the researchers said. Their work ...
... tiny nanorods of zinc oxide has been developed for the ... in the current issue of the International Journal of ... in medical and for other applications. Zinc oxide has ... nanometers in diameter. In such as nanoscopic form, it can ...
... Scientists from the U.S. Department of Energy,s (DOE) Argonne ... Center have developed a way to target brain ... soft biological material. Thousands of people die from ... resistant to conventional therapies. This nano-bio technology may eventually ...
... , , White paper outlines ... , , PLYMOUTH MEETING, Pa., Aug. 19 ... of medical supplies, such as pricey orthopedic implants and cardiovascular devices, ... With operating costs increasing and margins from both operations and pooled ...
Cached Medicine News:Health News:Veterans Deserve Respect, Not Sly Coercion in Advance Care Planning, Says Aging with Dignity President 2Health News:VirtualHealth Technologies Files 8k Related to the August 17th Announcement of Private Access Payment and Document Modification 2Health News:VirtualHealth Technologies Files 8k Related to the August 17th Announcement of Private Access Payment and Document Modification 3Health News:Patch 'Shots' May Someday Replace Injections 2Health News:A safe approach to nanotechnology 2Health News:Argonne, University of Chicago scientists develop targeted cancer treatment using nanomaterials 2Health News:Wasting Millions on Purchases Based on Physician Preference White Paper Now Available From ECRI Institute 2Health News:Wasting Millions on Purchases Based on Physician Preference White Paper Now Available From ECRI Institute 3
... multichannel pipettes speed up ... into microplates, with super ... volumes. The improved ergonomic ... multichannels, combined with super ...
... operate in a wide variety of applications. • ... manifold can be freely rotated against the handle ... at an optimum angle towards the microtiter plate. ... use of most common pipette tips, and provides ...
Pipetman 8X200 Multichannel Pipette is an eight-channel, fully adjustable, air-displacement pipette having a useful volume range from 20 L to 200 L. Robustwith the usual Gilson qualities this pipette...
... Finnpipette Focus multichannel ... dispensing of reagents into ... for 0.1-10 l volumes. ... of Finnpipette Focus multichannels, ...
Medicine Products: