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

Zovirax (cold sores, herpes)
Acanya (acne)
BenzaClin (acne)
Carac (actinic and solar keratoses)
Elidel (eczema)

See the company's complete list »

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.

Source »

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