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Endo Intl has offered to buy Salix Pharma -source
2015-03-11 20:18:02| Biotech - Topix.net
Endo International Plc has made an offer to buy Salix Pharmaceuticals Ltd for more than $10 billion, trumping Canada's Valeant Pharmaceuticals International Inc's offer, a person familiar with the matter said. Valeant agreed to buy the bowel drug maker in late February for about $10 billion, or $158 all cash offer per share.
Salix Acquisition Likely, but Buyout Price Open to Debate
2015-02-20 11:15:25| Biotech - Topix.net
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Valeant secures financing for potential Salix bid: Bloomberg
2015-02-12 23:37:52| Biotech - Topix.net
Valeant Pharmaceuticals International Inc has arranged financing for a potential bid for bowel-drug maker Salix Pharmaceuticals Ltd , Bloomberg reported, citing people familiar with the matter. The acquisitive Canadian drugmaker will likely bid more than $150 per share for the company, Bloomberg said, quoting one of those people.
Tags: potential
bid
financing
bloomberg
Raleigh's Salix to wage a second patent infringement fight
2015-02-03 16:54:37| Biotech - Topix.net
Raleigh's Salix Pharmaceuticals will again take on a New Jersey generic drug maker in a patent dispute. It's at least the second time for Salix to bring action against the company, called Par Pharmaceutical , and other Triangle drug developers have tussled with Par in the past as well.
Tags: fight
patent
wage
infringement
Salix shareholders lose $3B in stock plunge
2014-11-08 02:53:04| Biotech - Topix.net
Salix Pharmaceuticals lost nearly $3 billion in market value overnight, as it reported operating losses; questions about inventory reporting led to an audit and now a shareholder lawsuit. CEO Carolyn Logan saw the market value of her personal shares drop from $147 million on Thursday to $95 million.
Tags: stock
lose
shareholders
plunge