01:16 PM EDT, 07/24/2024 (MT Newswires) -- Bausch Health ( BHC ) said Wednesday that it is not considering a bankruptcy or insolvency proceeding as claimed by a news article by Reorg.

"We understand that Reorg has subsequently issued an update to its original news article to clarify that the company has not been involved in discussions with its creditors regarding bankruptcy proceedings," the company said.

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