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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 million to 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 first three quarters of the year into a single report.

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

Notable drugs

Payment Reports

2010 Jan. 10 to March 31

The subtotals listed here exclude eight payments because they are expressed by Valeant as ranges. Source »
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 $91,910 $91,910
Meals $73,449 $73,449
$165,359 $165,359

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.

Some payments are listed as a negative number to correct an earlier error or to reflect a reimbursement or other adjustment. Source »
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 Sept.

Some payments are listed as a negative number to correct an earlier error or to reflect a reimbursement or other adjustment. Source »
Range Payment Count
<$0 54
$0–$100 32,154
$100–$500 669
$500–$1,000 178
$1,000–$2,500 284
$2,500–$5,000 201
$5,000–$7,500 8
$7,500–$10K 3
$100K–$200K 12

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 14,033
California 9,358
New York 8,684
Florida 7,498
Ohio 4,077
North Carolina 3,442
Illinois 3,344
New Jersey 3,321
Pennsylvania 3,248
Michigan 2,911
Arizona 2,848
Georgia 2,769
Tennessee 2,388
Maryland 2,028
Missouri 1,666
Connecticut 1,586
Louisiana 1,359
Hawaii 1,331
Kentucky 1,230
Wisconsin 1,156
Alabama 990
Indiana 881
Arkansas 709
South Carolina 708
Nevada 708
Virginia 700
Massachusetts 629
Colorado 594
Mississippi 421
Washington 366
Utah 278
Oklahoma 238
Delaware 237
Minnesota 206
Nebraska 186
Kansas 173
Oregon 157
South Dakota 155
Iowa 147
Rhode Island 110
District of Columbia 86
Idaho 83
New Hampshire 73
North Dakota 45
West Virginia 41
Maine 32
New Mexico 24
Montana 10
Alaska 8
Vermont 6
Wyoming 2
[Unknown State] 2