On Monday, Shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX), added 1.86% and closed at $23.59 in the last trading session. The last trading range of the stock ranges between $23.24 and $24.04. The company’s Market capitalization is $7.87 Billion with the total Outstanding Shares of 341.19 million. During the 52-week trading session the minimum price at which share price traded, registered at $18.55 and reached to max level of $179.83. Valeant Pharmaceuticals International, Inc. (NYSE: VRX and TSX: VRX) recently declared that Louis W. Yu, Ph.D. has been designated to the newly created position of Chief Quality Officer, Global Quality, effective October 3, 2016.
Dr. Yu will report to Joseph C. Papa, Chairman and CEO of Valeant. As a new member of Valeant’s Executive Committee, Dr. Yu will oversee all aspects of quality and regulatory compliance for all of Valeant’s global businesses and operating sites.
Dr. Yu joins Valeant with more than 30 years of leadership experience in the Quality and R&D functions of generic and branded pharmaceutical companies. He was Executive Vice President, Global Quality & Compliance at The Perrigo Company from November 2006 to January 2016, where he was responsible for planned leadership and regulatory compliance in addition to the global patient safety/medical affairs departments. He also served between May and September 2016 as the Senior Vice President, Global Quality and Compliance at AMRI, a contract development and manufacturing organization (CDMO) company.
“Delivering quality products leads to quality health outcomes, and that is what we are focused on at Valeant,” said Joseph C. Papa, chief executive officer of Valeant. “Dr. Louis Yu is a great addition to our organization, and we are delighted to bring him into the company in the important new role of Chief Quality Officer. Dr. Yu’s deep quality leadership experience at a number of branded and generic pharmaceutical companies gives him a deep understanding of what our customers and regulators need, and I look forward to working closely with him.”
Momo Inc (ADR) (NASDAQ:MOMO), jumped 10.93% and closed at $26.18 in the last trading session. The last trading range of the stock ranges between $23.91 and $26.65. The company’s Market capitalization is $4.86 Billion with the total Outstanding Shares of 288.44 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.72 and reached to max level of $26.65. Momo Inc. operates as a mobile-based social networking platform in the Peoples Republic of China. The companys platform includes its Momo mobile application and various related features, functionalities, tools, and services that are offered to users, customers, and platform partners. Its Momo mobile application facilitates users to establish and expand their social relationships based on locations and interests. The company also offers games, which are designed with various themes, cultural characteristics, and features to appeal to various segments of the game player community; paid emoticons and mobile marketing services; and live music and entertainment broadcasting services.