Consistent Revenue and EBITDA Growth
Bausch Health delivered its ninth consecutive quarter of revenue and adjusted EBITDA growth, with a 5% year-over-year revenue increase and a 10% increase in adjusted EBITDA.
Strong Performance in Salix and Solta Segments
Salix segment profit increased by 21% with a 12% growth in revenue driven by Xifaxan's 10% growth. Solta segment achieved a 25% increase in revenue, with 115% organic growth in South Korea.
Successful Debt Refinancing
Completed a $7.9 billion debt refinancing, extending maturities and reducing high-interest debt to improve the capital structure.
Strategic Acquisition Announcement
Announced an agreement to acquire DURECT Corporation to develop a treatment for alcohol hepatitis, demonstrating commitment to advancing R&D and business development.
Solid International Growth
EMEA achieved its 10th consecutive quarter of organic growth with a 6% increase. Canada also showed strong performance with successful product launches.