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Friday, January 1, 2010, 2:50AM ET - U.S. Markets Closed for New Year's Day. Dow Down 1.14% Nasdaq Down 0.97%
Salix Pharmaceuticals Ltd. (SLXP)On Dec 31: 25.39  Down 0.14 (0.55%)  
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Salix Pharmaceuticals Ltd.
1700 Perimeter Park Drive
Morrisville, NC 27560-8404
United States - Map
Phone: 919-862-1000
Fax: 919-862-1095
Web Site: http://www.salix.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Drug Related Products
Full Time Employees:280

BUSINESS SUMMARY 
Salix Pharmaceuticals, Ltd., a specialty pharmaceutical company, engages in acquiring, developing, and commercializing prescription drugs used in the treatment of gastrointestinal disorders in the United States. Its products include Xifaxan tablet, a gastrointestinal-specific oral antibiotic for the treatment of patients with travelers’ diarrhea; MoviPrep, a liquid polyethylene glycol-salt bowel cleansing product; Visicol and OsmoPrep tablets for cleansing of the colon as a preparation for colonoscopy in adults; and Azasan, a drug that suppresses immune system responses and is indicated for preventing rejection of kidney transplants and treatment of severe arthritis. The company also offers Anusol-HC and Proctocort, the hydrocortisone creams and suppositories for use in inflamed hemorrhoids and postirradiation proctitis, as well as an adjunct in the treatment of chronic ulcerative colitis and inflammatory conditions; Pepcid and Diuril oral suspensions, which are used for gastrointestinal indications that include the treatment of duodenal ulcer, benign gastric ulcer, and gastro esophageal reflux diseases; Apriso, for the maintenance of remission of ulcerative colitis in adults; and Colazal capsules for the treatment of ulcerative colitis. Salix Pharmaceuticals’ products under development include Balsalazide Disodium tablets for ulcerative colitis; Crofelemer for HIV-associated diarrhea; Vapreotide acetate for acute esophageal variceal bleeding; and Metoclopramide-Zydis for the treatment of gastroesphageal reflux and gastroparesis. It has collaboration agreements with aaiPharma LLC; Alfa Wassermann S.P.A.; Biorex Laboratories Limited; Cedars—Sinai Medical Center; ALW Partnership; Debiopharm Group; Dr. Falk Pharma GmbH; King Pharmaceuticals, Inc.; Merck & Co., Inc.; Napo Pharmaceuticals, Inc.; Norgine B.V.; and Wilmington Pharmaceuticals, LLC. The company was founded in 1989 and is headquartered in Morrisville, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    Salix Pharmaceuticals Ltd.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 97.8% of S&P 600 companies and 99.5% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Ms. Carolyn J. Logan , 60
    Chief Exec. Officer, Pres
    $ 1.03M $ 0
    Mr. Adam C. Derbyshire , 43
    Chief Financial Officer, Principal Accounting Officer and Exec. VP of Fin. & Admin.
    $ 527.00K $ 0
    Dr. William P. Forbes Pharm. D., 47
    Chief Devel. Officer and Sr. VP of R&D
    $ 455.00K $ 0
    Mr. Stephen D. Celestini ,
    Sec.
    N/A N/A
    Mr. G. Michael Freeman ,
    Associate VP of Investor Relations & Corp. Communications
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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