The rise and fall of Valeant Pharmaceuticals

valeant stock price
The ticker information for Valeant Pharmaceuticals International Inc. is displayed on a screen above the post where it’s traded on the floor of the New York Stock Exchange November 4, 2015. REUTERS/Brendan McDermid – RTX1UQU0

Shares in Quebec-based Valeant Pharmaceuticals, once one of Canada’s most valuable companies, plummeted significantly on Tuesday. The drugmaker in recent months has been mired in scandal, the subject of drug-pricing investigations and improper accounting allegations.

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