Salix Pharma’s Lead Drug Scores Against Bowel Disease

By | July 1, 2014

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Specialty drugmaker and IBD 50 stock Salix Pharmaceuticals (SLXP) said Tuesday that its drug Xifaxan succeeded in a late-stage study of irritable bowel syndrome with diarrhea, sending Salix stock up more than 11% to a new high in morning trading on the stock market today. The Salix press release provided few numbers but said that patients in the phase-three study who took Xifaxan, known generally as rifaximin, for 14 days showed statistically Scalper1 News

Scalper1 News