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Valeant Pharmaceuticals EVP buys shares



By AP
30 June 2008 @ 04:01 pm EST

NEW YORK - The executive vice president and chief administrative officer of Valeant Pharmaceuticals International, a specialty pharmaceutical company, bought 2,049 shares of common stock, according to a Securities and Exchange Commission filing Friday.

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VRX 19.73 -0.36

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In a Form 4 filed with the SEC, Elisa A. Karlson reported she bought the shares for $17.08 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Valeant Pharmaceuticals is based in Aliso Viejo, Calif.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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