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Bausch Investors Initially Pessimistic Following B+L Spinout

Bausch Health Drops 27% Following Q1 Earnings Call

Executive Summary

With its IPO of Bausch + Lomb bringing in $630m in proceeds, Bausch Health is moving forward with its plan to use the eye care unit’s separation to pay down its remaining debt.

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Public Company Edition: The stock market has been unkind to biotech firms but investors rewarded some drug developers for clinical trial successes, including Scholar Rock and Day One, which raised $205m and $172.5m, respectively. However, some SPAC deals and an IPO never got off the ground.

Finance Watch: Bausch + Lomb Completes Split From Bausch Health Via IPO

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