Bausch Health Companies Inc. (BHC) Q4 2019 Earnings Call Transcript

  • Date: 20-Feb-2020
  • Source: The Motley Fool
  • Sector:Healthcare
  • Country:Egypt
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Bausch Health Companies Inc. (BHC) Q4 2019 Earnings Call Transcript

Good day and welcome to the Bausch Health Fourth Quarter and Full-Year 2019 Financial Results Conference Call.. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions.. I would now like to turn the conference over to Arthur Shannon, Senior Vice President of Investor Relations and Global Communications.. Good morning, everyone, and welcome to our fourth quarter and full-year 2019 financial results conference call.. The financial guidance in this presentation is effective as of today only.. We have now delivered eight consecutive quarters of organic growth and 2019 was our first full year of reported revenue growth since 2015.. Pivoting to offense also include launching new products and driving their growth and our new products continue to grow.. Trulance TRxs grew by 31% year-over-year and we have improved the market access position for approximately 35 million lives since we acquired the product in the first quarter of 2019.. Overall, the entire Bausch Health team of 22,000 employees delivered on our promise to pivot to offense in 2019 and demonstrated the durability of our business, which we grew both organically and through strategic bolt-on acquisitions.. I'll then walk down the top level P&L for the quarter and provide