Pershing Square Activist Presentation Deck

Valeant has a Lower Risk Product Portfolio Valeant's portfolio is both more durable and more diversified 60% Durability 85% Allergan Durable Valeant Durable % of Portfolio % of Portfolio Source: Valeant management estimates 61 Product Concentration 64% Allergan Top 4 Products 18% Valeant Top 10 Products

View entire presentation