Sanofi (France) Sheds Dermatology Unit for $423 Million to Valeant Pharmaceuticals International

MISSISSAUGA, Ontario, Dec. 19, 2011 /CNW/ -Valeant Pharmaceuticals International, Inc. announced that effective December 16, 2011, the company completed its previously announced acquisition of Dermik, a dermatology unit of Sanofi.

About Valeant Pharmaceuticals International, Inc.

Valeant Pharmaceuticals International, Inc. (nyse/tsx:VRX) is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics. More information about Valeant Pharmaceuticals International, Inc. can be found at www.valeant.com .

Contact Information: Laurie W. Little 949-461-6002 laurie.little@valeant.com

SOURCE Valeant Pharmaceuticals International, Inc.

SOURCE: Valeant Pharmaceuticals International, Inc.

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