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Bausch Health Companies Inc
Symbol BHC
Shares Issued 349,667,950
Close 2018-10-22 C$ 32.08
Market Cap C$ 11,217,347,836
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Bausch creates University of Missouri scholarship fund

2018-10-23 09:52 ET - News Release

Mr. Joseph Papa reports

BAUSCH HEALTH ANNOUNCES ENDOWMENT WITH THE UNIVERSITY OF MISSOURI TO SUPPORT STUDENT SCHOLARSHIPS

Bausch Health Companies Inc. has established a permanently endowed scholarship fund at the University of Missouri in the amount of $750,000. The endowment will be used to finance scholarships for students studying in fields related to health care.

"We are pleased to establish this scholarship fund to help support the next generation of scientists and physicians," commented Joseph Papa, chairman and chief executive officer of Bausch Health. "Supporting science and medical education is critical as we pursue our mission to improve patients' lives and advance health care globally."

The endowment and its accrued annual income are expected to finance multiple scholarships each year. The scholarship amounts, as well as the selection of candidates, will be determined by the University of Missouri chancellor or a committee chosen by the chancellor.

About Bausch Health Companies Inc.

Bausch Health Companies is a global company whose mission is to improve people's lives with its health care products. Bausch Health Companies develops, manufactures and markets a range of pharmaceutical, medical device and over-the-counter products, primarily in the therapeutic areas of eye health, gastroenterology and dermatology.

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