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Home > Company Index > Drugs > Drug Manufacturers - Other > Salix Pharmaceuticals, Ltd.

Salix Pharmaceuticals, Ltd.
Nasdaq: SLXP
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 NEWS FROM THE WIRES
Salix reports wider loss, warns on year
Aug 01 2001 07:31 AM PDT

Salix down after UBS cuts rating; drug sales cited
Jul 30 2001 12:59 PM PDT

More WIRE STORIES about this company

 PROFILE
Salix Pharmaceuticals is going after its gut instincts. Focusing on drugs for gastrointestinal diseases, the company purchases drug products that are nearing commercial viability. The firm licensed COLAZAL (balsalazide disodium), which treats ulcerative colitis, from Biorex Laboratories. Salix markets the drug in the US through its own sales force. Salix has licensed the marketing rights in some European countries to Menarini Pharmaceutical Industries and has sold the marketing rights in many other European countries to Shire Pharmaceuticals. Salix also licensed the North American rights to rifaximin, a late-development stage antibiotic that treats infections in the gastrointestinal tract, from Alfa-Wasserman.

 COMPETITION
Aventis (AVE)
GlaxoSmithKline plc (GSK)
The Procter & Gamble Company (PG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 14.50
1-Yr. Sales Growth: 367.7%
Employees: 55
Revenue per employee: $263,636.36

 KEY PEOPLE
• Robert P. Ruscher
    CEO
• Adam C. Derbyshire
    CFO

 CONTACT INFO
8540 Colonnade Center Dr., Ste. 501
Raleigh, NC 27615
US
Phone: 919-862-1000
Fax: 919-862-1095
Online: Web Site

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