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      <liveTestFlag>LIVE</liveTestFlag>



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      <issuerName>Bausch Health Companies Inc.</issuerName>
      <secFileNumber>001-14956</secFileNumber>
      <issuerAddress>
        <com:street1>2150 ST. ELZEAR BLVD. WEST</com:street1>
        <com:street2>LAVAL</com:street2>
        <com:city>QUEBEC</com:city>
        <com:stateOrCountry>A8</com:stateOrCountry>
        <com:zipCode>H7L 4A8</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>514-744-6792</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Carson Seana</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
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    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>495</noOfUnitsSold>
      <aggregateMarketValue>4539.15</aggregateMarketValue>
      <noOfUnitsOutstanding>362037191</noOfUnitsOutstanding>
      <approxSaleDate>03/06/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
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      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/03/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>379</amountOfSecuritiesAcquired>
      <paymentDate>03/03/2023</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
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    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/03/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Performance Shares</natureOfAcquisitionTransaction>
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      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>116</amountOfSecuritiesAcquired>
      <paymentDate>03/03/2023</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
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    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Seana Carson</name>
        <address>
          <com:street1>2150 St. Elzear Blvd.</com:street1>
          <com:street2>Laval</com:street2>
          <com:city>Quebec</com:city>
          <com:stateOrCountry>Z4</com:stateOrCountry>
          <com:zipCode>H7L 4A8</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>02/28/2023</saleDate>
      <amountOfSecuritiesSold>292</amountOfSecuritiesSold>
      <grossProceeds>2721.44</grossProceeds>
    </securitiesSoldInPast3Months>
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      <sellerDetails>
        <name>Seana Carson</name>
        <address>
          <com:street1>2150 St. Elzear Blvd.</com:street1>
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          <com:city>Quebec</com:city>
          <com:stateOrCountry>Z4</com:stateOrCountry>
          <com:zipCode>H7L 4A8</com:zipCode>
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      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>03/03/2023</saleDate>
      <amountOfSecuritiesSold>780</amountOfSecuritiesSold>
      <grossProceeds>7285.20</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>03/06/2023</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>12/15/2022</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Lisa Gerard, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Seana Carson</signature>
    </noticeSignature>
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144
0001923756
XXXXXXXX
LIVE
0000885590
Bausch Health Companies Inc.
001-14956
2150 ST. ELZEAR BLVD. WEST
LAVAL
QUEBEC
A8
H7L 4A8
514-744-6792
Carson Seana
Officer
Common
Fidelity Brokerage Services LLC
900 Salem Street
Smithfield
RI
02917
495
4539.15
362037191
03/06/2023
NYSE
Common
03/03/2023
Restricted Stock Vesting
Issuer
N
379
03/03/2023
Compensation
Common
03/03/2023
Performance Shares
Issuer
N
116
03/03/2023
Compensation
N
Seana Carson
2150 St. Elzear Blvd.
Laval
Quebec
Z4
H7L 4A8
Common
02/28/2023
292
2721.44
Seana Carson
2150 St. Elzear Blvd.
Laval
Quebec
Z4
H7L 4A8
Common
03/03/2023
780
7285.20
03/06/2023
12/15/2022
/s/ Lisa Gerard, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Seana Carson