(Solution) - The pharmaceutical manufacturer Valeant has a business model of cost cutting -(2025 Original AI-Free Solution)

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The pharmaceutical manufacturer Valeant has a business model of cost-cutting, minimizing expenditures on research and delaying clinical trials. The model has succeeded, as Valeant has become one of the largest pharmaceutical companies in the world, with a market capitalization of $41 billion.
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What type of competitive strategy does Valeant employ? Is this strategy sustainable?