April 23 (Reuters) - Bausch Health Companies Inc BHC.TO :
* BAUSCH HEALTH - CO AND JOHNSON & JOHNSON REACHED DEAL ON APRIL 17, REGARDING SCOPE OF INDEMNIFICATION RELATING TO SHOWER TO SHOWER COVERED MATTERS
* BAUSCH HEALTH COMPANIES - AGREED TO DISMISS DEMAND FOR ARBITRATION THAT CO FILED AGAINST JOHNSON & JOHNSON TO ASSERT ITS RIGHTS TO INDEMNIFICATION
* BAUSCH HEALTH COMPANIES INC - JOHNSON & JOHNSON WILL FULLY INDEMNIFY COMPANY IN COVERED MATTERS
* BAUSCH HEALTH COMPANIES - DON'T BELIEVE THAT COVERED MATTERS WILL HAVE A MATERIAL IMPACT ON COMPANY'S FINANCIAL RESULTS GOING FORWARD
* BAUSCH HEALTH COMPANIES - COVERED MATTERS INCLUDE PERSONAL INJURY & PRODUCTS LIABILITY ACTIONS ARISING FROM ALLEGED EXPOSURE TO SHOWER TO SHOWER BEFORE MARCH 2020
* BAUSCH HEALTH - COVERED MATTERS INCLUDE CONSUMER FRAUD, CONSUMER PROTECTION, FALSE ADVERTISING, REGULATORY ACTIONS DUE TO MANUFACTURE, USE/SALE OF SHOWER TO SHOWER UP TO SEPT. 9, 2012