Valeant missed the sales mark for its irritable bowel syndrome drug, Xifaxan, which it called one of the company's “leading growth platforms,” when it reported its long-awaited fourth-quarter earnings on Tuesday.
Xifaxan saw sales of $210 million for the last three months of 2015, down from $220 million in the previous quarter. In December of last 2015, the company forecast sales of $390 million for Xifaxan in the fourth quarter of 2015, according to Business Insider.
Valeant's business model and pricing practices have been under scrutiny in recent months.
The drugmaker ran a Xifaxan ad in the most recent Super Bowl broadcast, one of three pharma spots featuring during the February event. The drugmaker spent $9.8 million for the 60-second spot, according to estimates from iSpot.tv. The ad features an animated intestine who scrambles to the bathroom during a bout of abdominal pain.