QUOTE AND NEWS
Motley Fool  Jul 16  Comment 
Why aren't investors celebrating Salix Pharmaceuticals's acquisition of Cosmo, and should they be?
DailyFinance  Jan 2  Comment 
Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) today announced that it has completed its previously announced tender offer for all outstanding shares of common stock par value $0.0001 per share, including the associated rights to...
DailyFinance  Dec 30  Comment 
Santarus, Inc. (NASDAQ:SNTS) today announced that on December 20, 2013 it filed an amendment (the “Amendment”) to its Solicitation/Recommendation Statement on Schedule 14D-9 (the “Schedule 14D-9”), originally filed ...
DailyFinance  Dec 23  Comment 
Santarus, Inc. (NASDAQ: SNTS) today announced that it has begun patient enrollment in a multicenter, multinational, randomized, double-blind, placebo-controlled, multiple ascending dose study with the investigational...
Benzinga  Dec 17  Comment 
In a report published Tuesday, Stifel analyst Annabel Samimy downgraded the rating on Santarus (NASDAQ: SNTS) from Buy to Hold, and removed the $27.00 price target. In the report, Stifel noted, “Following the acquisition announcement by Salix...
Benzinga  Dec 17  Comment 
Analysts at Goldman Sachs downgraded Catamaran (NASDAQ: CTRX) from “conviction buy” to “neutral.” The target price for Catamaran is set to $50. Catamaran's shares closed at $46.15 yesterday. Analysts at Compass Point downgraded KB Home...
DailyFinance  Dec 10  Comment 
Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) (“Salix”) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) in connection with Salix’s ...
StreetInsider.com  Dec 3  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Salix+Pharma+%28SLXP%29+Begins+Santarus+%28SNTS%29+Tender+Offer/8940836.html for the full story.
Reuters  Nov 26  Comment 
Salix Pharmaceuticals Ltd is planning to launch next week $1.35 billion in senior secured debt financing to fund its $2.6 billion acquisition of biopharmaceutical company...
StreetInsider.com  Nov 8  Comment 
Tremor Video (NYSE: TRMR) 47.8% LOWER; reported Q3 EPS of ($0.05), $0.03 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $35.3 million versus the consensus estimate of $36.26 million. Sees FY2013 revenue of...




 
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Founded in 1996, Santarus Inc. is a specialty pharmaceutical company focused on the acquisition, development, and commercialization of proprietary products and therapies that have the potential to treat gastrointestinal diseases and disorders, including gastroesophageal reflux disease (GERD). The company's main focus lies on the commercialization of proprietary immediate-release proton pump inhibitor (PPI) products. PPIs are the most frequently prescribed drugs for the treatment of many upper gastrointestinal (GI) diseases and disorders. Santarus offers the Zegerid family of products, which are proprietary immediate-release formulations that combine omeprazole, a PPI, and one or more antacids. These products are approved by the FDA for the treatment or reduction of the risk of a variety of upper GI diseases and disorders. Zegerid is currently marketed in capsule and powder for oral suspension dosage forms.

In 2006, Santarus earned $49.2 million in revenue, 93.4% of which came from product sales. Other revenues accounted for the balance 6.6%. Santarus has licensing agreements with two major pharmaceutical companies, Schering-Plough and GlaxoSmithKline, for Zegerid. Besides this, the company has co-promotion agreements for two products Naprelan and the EZ-Prep Bowel Cleansing system. Headquartered in San Diego, California, Santarus currently employs 347 people.




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