[qj4714]

I don't understand one thing. All the articles I read about Valeant and Phildor say that Phildor only represents 6% or revenue. Does that mean the other 94% is legitimate and comes from pharmacies where Valeant does not have an option to buy them? That is the piece I don't understand.

[alexhu11]

Only 6% percent of Valeant's revenue goes through Philidor. However, this raises HUGE questions about the legitimacy of the other 94% of Valeant's revenue streams. How many other arrangements like this does Valeant have. Is it conducting it's business on its other channels in an above board manner?

A huge portion of Valeants growth strategy comes from specialty pharmacies like Philidor. The integrity of the strategy has now been called into question by investors.