Valeant

www.valeant.com
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1 person found this helpful  

Disappointed by management team #2, but it's a new day with management team #3

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee in Aliso Viejo, CA
Former Employee - Anonymous Employee in Aliso Viejo, CA

I worked at Valeant

Pros

Current: on the winning side of industry consolidation, great stock performance

Cons

Past: driven by bets on R&D and politics

Advice to ManagementAdvice

Current team: keep up the good work, enjoy NJ
Past team: next time be kinder & avoid R&D bets

Approves of CEO

46 Other Employee Reviews for Valeant (View Most Recent)

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  1. 2 people found this helpful  

    OK place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Aliso Viejo, CA
    Former Employee - Anonymous Employee in Aliso Viejo, CA

    I worked at Valeant

    Pros

    The people were the best part of Valeant. Almost everyone was very professional and competent. Sales force is recognized as some of the best sales representatives in the business. They have some good products and strong executive leadership with an aggressive strategic plan.

    Cons

    Valeant laid off alot of their good talent and knowledge resources after merging with BioVail last fall. Rumor has it that communication down to the sales force is scarce and has many people wondering what is really going on at headquarters.

    Doesn't Recommend
    Approves of CEO
  2. 3 people found this helpful  

    Valeant Pharmaceutical

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Petaluma, CA
    Former Employee - Anonymous Employee in Petaluma, CA

    I worked at Valeant

    Pros

    The people who work there, excluding the senior management, are some of the finest people I've ever known. They are supportive, knowledgeable, and possess a high level of integrity. It was the kind of place where one would be proud to say they worked there.

    Cons

    The senior management at Valeant have shown themselves to be very shortsighted and uninformed. Valeant bought a small privately held pharmaceutical company named Dow Pharmaceutical. This company had a proven track record of growth and innovation. It was a place where one would look forward to going to work everyday. After the takeover the contract business all but disappeared because other large pharmaceutical companies were not comfortable with sharing their projects with a large mercenary competitor. Morale dropped to the point where almost every day someone else was leaving to find another job. Then Valeant merged with BioVale, another large Pharmaceutical company. The result was a massive round of layoffs. One third of the workforce was cut. The original company, Dow, as I had known it was reduced to just a shell and needless to say morale is now at a new low. The value of Valeant shares (vrx) on the open market has been on a steady decline ever since. This is not what I would consider a successful business model.

    Advice to ManagementAdvice

    Maybe you should rethink some of the decisions you have been making lately.

    Doesn't Recommend
    Disapproves of CEO
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