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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of the earliest event reported): May 5, 2005


Valeant Pharmaceuticals International

(Exact name of registrant as specified in its charter)
         
Delaware   1-11397   33-0628076
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S Employer
Identification No.)

3300 Hyland Avenue
Costa Mesa, California 92626

(Address of principal executive offices) (Zip Code)

(714) 545-0100
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 


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Item 2.02 Results of Operations and Financial Condition
Item 9.01 Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
EXHIBIT 99.1


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Item 2.02 Results of Operations and Financial Condition

     On May 5, 2005, Valeant Pharmaceuticals International issued a press release announcing results of operations for the first quarter of 2005 and financial condition as of March 31, 2005. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated herein by this reference.

     The information in this Item 2.02, including the exhibit attached hereto, will not be treated as filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section. This information will not be incorporated by reference into any filing under the Securities Act of 1933, or into another filing under the Exchange Act, unless that filing expressly refers to such information.

Item 9.01 Financial Statements and Exhibits

     (c) Exhibits

     
Exhibit Number   Description
99.1
  Press release, dated May 5, 2005.

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
Date: May 5, 2005  VALEANT PHARMACEUTICALS INTERNATIONAL
 
 
  By:   /s/ Bary G. Bailey    
    Bary G. Bailey   
    Executive Vice President and Chief Financial Officer   

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EXHIBIT INDEX

     
Exhibit Number   Description
99.1
  Press release, dated May 5, 2005.

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