QUOTE AND NEWS
Market Intelligence Center  Nov 20  Comment 
Wednesday’s trading in Salix Pharmaceuticals (SLXP) gives options traders an opportunity for a 12.61% return. By selling the Jan. '15 $100.00 call and buying the Jan. '16 call at the $50.00 level for a net debit of $44.40, traders will book a...
Benzinga  Nov 10  Comment 
Deutsche Bank cut its price target Sunday on Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) from $134 to $102 and maintained a Hold rating. Analyst Gregg Gilbert noted that "following SLXP’s 3Q miss and disclosures about excessive wholesaler...
TheStreet.com  Nov 10  Comment 
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.  TheStreet Ratings quantitative algorithm...
Motley Fool  Nov 7  Comment 
Salix Pharmaceuticals is today's biggest loser after the company swung and missed badly on its third-quarter earnings results and fourth-quarter guidance.
MarketWatch  Nov 7  Comment 
Two drug stocks tumble on earnings and some internal drama involving the companies
TheStreet.com  Nov 7  Comment 
NEW YORK (TheStreet) -- Can it get any worse for shareholders of Salix Pharmaceuticals ? The company, which was once considered a potential takeover target by Allergan , disappointed investors with its latest earnings report. The company...
FiercePharma  Nov 7  Comment 
At one time, Allergan was so confident it could lock up an acquisition of Salix Pharmaceuticals to thwart Valeant's hostile bid that it reportedly snubbed potential white knight Actavis when it came calling. But those talks have long since...
Benzinga  Nov 7  Comment 
In a note published Friday, Jefferies analyst David Steinberg published a note on Salix Pharmaceuticals (NASDAQ: SLXP) that commented on the likelihood of Allergan's (NYSE: AGN) acquisition of the company. In the report, Jefferies noted, "In...




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Salix Pharmaceuticals, Ltd. is a specialty pharmaceutical company engaged in acquiring, developing, and commercializing prescription drugs used in the treatment of a variety of gastrointestinal diseases. The company has a number of products currently approved for sales. These include Colazal (balsalazide disodium) for the treatment of mild to moderate active ulcerative colitis, Azasan (azathioprine) immuno-suppressive therapy for renal homo-transplant rejection and rheumatoid arthritis, and Anusol/Proctocort (hydrocortisone) for the relief of inflammatory dermatoses and hemorrhoids. In May 2004, the company received final Food and Drug Administration (FDA) approval for Xifaxan (rifaximin), an oral antibiotic for the treatment of traveler's diarrhea. Salix Pharmaceuticals is working on additional indications for Xifaxan, as well as a granulated formulation of mesalamine a common treatment option for ulcerative colitis.

Salix subsequently added new products to its portfolio including Visicol, indicated for colon cleansing prior to colonoscopy OsmoPrep, a next-generation Visicol which was launched in June 2006 and MoviPrep, a liquid bowel cleansing agent which was launched in October 2006. While Visicol and OsmoPrep were acquired by the company through its merger with InKine Pharmaceutical, exclusive U.S. in-licensing rights for MoviPrep were acquired from Norgine B.V. Recent additions to the product portfolio include Sanvar IR, indicated for the treatment of acute esophageal variceal bleeding (EVB) two hospital-based products, Pepcid Oral Suspension (indicated for several gastrointestinal indications including the treatment of duodenal ulcer, benign gastric ulcer and gastroesophageal reflux disease) and Diuril Oral Suspension (an adjunctive therapy in edema associated with several conditions including hepatic cirrhosis), from Merck and metoclopramide Zydis, indicated for short term (4 12 weeks) therapy for adults with symptomatic documented gastroesophageal reflux who fail to respond to conventional therapy and for the relief of symptoms associated with acute and recurrent diabetic gastric stasis.

Salix focuses primarily on the U.S. pharmaceutical market, promoting its drugs through its specialized sales force. Management also seeks to form strategic alliances to market its products outside the U.S. in order to avoid the significant costs, risks, and infrastructure inherent in assembling an international sales force. Salix is located in Morrisville, NC and employs roughly 240 professionals.




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