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Valeant

Valeant, based in Montreal, Quebec, Canada, has purchased several companies in recent years, including Biovail Corp., Afexa Life Sciences, Inc., and Medicis Pharmaceutical Corp. makes a range of neurology and dermatology drugs as well as a host of branded generics. In September 2009, Biovail agreed to pay $24.6 millionto settle a lawsuit alleging illegal kickbacks. A Biovail subsidiary pleaded guilty to conspiracy and kickback criminal charges.

Valeant began reporting payments for consulting, speaking, meals, travel, expense reimbursement and educational items as of January 2010. For the first two years, Valeant reported the information in separate quarterly reports that were not combined. It did not report data for the fourth quarter of 2010 because of its merger with BioVail Corp., which closed in September 2010.

Beginning in the fourth quarter of 2011, Valeant switched from reporting specific dollar amounts to reporting payments in ranges, i.e. $0-$100. Its 2012 report groups all payments made during the year into a single report.

Valeant's 2013 U.S. sales: $3.5 billion. Source: IMS Health.

See all Valeant payments, or visit Valeant's transparency page.

Notable drugs

Payment Reports

2010 Jan. 10 to March 31

Avg. Quarterly Total
Meals $11,498 $11,498
Consulting $4,500 $4,500
$15,998 $15,998

2010 April to June

Avg. Quarterly Total
Meals $63,479 $63,479
Items, Gifts $19,525 $19,525
Consulting $19,331 $19,331
Other $330 $330
$102,665 $102,665

2010 July 1 to Sept. 27

Avg. Quarterly Total
Consulting $89,410 $89,410
Meals $73,449 $73,449
$162,859 $162,859

2011 Jan. to March

Avg. Quarterly Total
Consulting $107,083 $107,083
Meals $61,510 $61,510
Speaking $17,950 $17,950
Expenses $5,326 $5,326
Other $1,020 $1,020
Travel $241 $241
$193,130 $193,130

2011 April to June

Avg. Quarterly Total
Consulting $177,438 $177,438
Meals $111,375 $111,375
$288,812 $288,812

2011 July to Sept.

Avg. Quarterly Total
Meals $299,104 $299,104
Consulting $236,905 $236,905
Expenses $2,041 $2,041
$538,050 $538,050

2011 Oct. to Dec.

Range Payment Count
<$0 25
$0–$100 8,501
$100–$500 80
$500–$1,000 26
$1,000–$2,500 21
$2,500–$5,000 18

2012 Jan. to Dec.

Range Payment Count
<$0 69
$0–$100 46,092
$100–$500 896
$500–$1,000 271
$1,000–$2,500 415
$2,500–$5,000 281
$5,000–$7,500 8
$5,000–$10K 3
$7,500–$10K 3
$100K–$200K 18

2013 Jan. to Dec.

Range Payment Count
<$0 83
$0–$100 7,613
$0–$100 44,148
$100–$500 2,640
$500–$1,000 970
$1,000–$2,500 706
$2,500–$5,000 261
$5,000–$10K 22
$100K–$200K 11

Total Payments by State

Because Valeant only discloses ranges for many of its payments, we list only the number of payment records per state.

State Total
Texas 20,181
California 19,616
New York 15,660
Florida 14,611
Illinois 7,744
Ohio 7,052
Pennsylvania 6,186
North Carolina 6,084
New Jersey 5,924
Georgia 4,574
Michigan 4,386
Arizona 4,328
Tennessee 4,233
Missouri 3,437
Maryland 3,065
Connecticut 2,786
Louisiana 2,691
Virginia 2,154
Wisconsin 2,023
Kentucky 1,930
Alabama 1,898
Indiana 1,849
Hawaii 1,645
Nevada 1,546
Massachusetts 1,424
South Carolina 1,407
Colorado 1,256
Arkansas 978
Utah 960
Washington 807
Mississippi 773
Nebraska 570
Oregon 495
Kansas 492
Delaware 441
Rhode Island 431
Oklahoma 393
Minnesota 340
Iowa 306
West Virginia 284
District of Columbia 249
New Hampshire 232
South Dakota 198
Idaho 181
[Unknown State] 127
Maine 110
North Dakota 73
New Mexico 41
Alaska 30
Montana 10
Vermont 6
Puerto Rico 6
Wyoming 5