Valeant Pharmaceuticals Intl Inc. (TSX:VRX)(NYSE:VRX) has continued to make headway towards its proposed $5 billion debt-repayment schedule set for February 2018. Valeant announced its intention to sell its iNova pharmaceuticals business to two funds managed by The Carlyle Group and Pacific Equity Partners — two groups which were said to have been rival bidders for the iNova business for some time.