18.10.2016 03:59:45
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Valeant Ends Marketing Relationship Pharmacy That Distributed Antidepressant
(RTTNews) - Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) is ending its relationship with a mail-order pharmacy helped sell one of several older drugs it has acquired and raised prices on.
Valeant used the pharmacy, Direct Success Inc., to distribute the antidepressant Wellbutrin XL. Valeant confirmed the end of the relationship, although it said the pharmacy only handled about 5 percent of the sales of the product last year.
"Valeant ceased the marketing relationship with this distributor and stopped seeking to enroll new patients in the program in mid-2016 as we began directing new and existing patients into our larger, consolidated partnerships," the company said.
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