Consistent Revenue and EBITDA Growth
Bausch Health, excluding Bausch + Lomb, reported year-over-year revenue growth of 5% and a 10% increase in adjusted EBITDA, marking nine consecutive quarters of growth in these metrics.
Successful Debt Refinancing
Completed a $7.9 billion debt refinancing, extending maturities and reducing high-interest debt, which improves the capital structure.
Strong Performance in Salix and Solta Segments
Salix revenues increased by 12%, with segment profit up 21%. Solta revenues grew by 25%, driven by a 115% increase in South Korea.
Strategic Acquisition of DURECT Corporation
Announced the acquisition of DURECT Corporation to develop treatments for alcohol hepatitis, enhancing Bausch Health's hepatology expertise.
International Growth and Product Launches
EMEA business sustained organic growth with a 6% increase, and Canada showed strong results with successful product launches like CABTREO and Ryaltris.