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'Even more' cost synergies to Valeant/Biovail merger while headcount cut by 25%

This article was originally published in Scrip

Executive Summary

The merger of Valeant Pharmaceuticals and Biovail will see more cost synergies than previously calculated, $300 million compared with earlier guidance of $175 million, according to Valeant's CEO J. Michael Pearson.

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