Industry news
Valeant Pharma International terminates relationship with Philidor Rx Services
Valeant Pharmaceuticals announced that it is severing all ties with Philidor Rx Services, and that Philidor has informed Valeant that it will shut down operations as soon as possible, consistent with applicable law. Valeant intends to develop a plan to ensure patients' access to drugs is minimally disrupted. Valeant has informed Philidor that to the extent that managed care plans will no longer reimburse prescriptions in process, Valeant will fill them at the company's expense.
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