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BRIEF-Concordia International confirms strategic review is ongoing

Published 2016-08-03, 09:44 a/m
© Reuters.  BRIEF-Concordia International confirms strategic review is ongoing

Aug 3 (Reuters) - Concordia International Corp CXR.TO :

* Concordia International Corp. Confirms that strategic review is ongoing and provides update on its business

* Confirmed that its review of strategic alternatives is ongoing and provided an update on its business

* Concordia has no liquidity or debt issues

* There was one formulary change affecting two products in its North America portfolio

* CVS did not reimburse for nilandron at all in past three years and has reimbursed dutoprol twice in 2016

* Concordia International Corp. Confirms that strategic review is ongoing and provides update on its business

* CVS Health (NYSE:CVS) confirmed that nilandron and dutoprol will be removed from CVS Health's formulary

* Removal of treatments from cvs health's formulary is immaterial to business Source text for Eikon: ID:nCNWQQQSBa Further company coverage: CXR.TO

(Bengaluru Newsroom: +1-646-223-8780)

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