(Source: Business Wire)

Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) today announced that the U.S.
Patent and Trademark Office has issued U.S. Patent No. 7,612,199 (the
199 patent) entitled "Polymorphic Forms Alpha, Beta, and Gamma of
Rifaximin". The patent issued November 3, 2009 and provides protection
until June 2024. The 199 patent provides further protection relating to
composition of matter relating to physical chemical states of rifaximin.
Salix has an exclusive license from Alfa Wassermann, S.p.A., to use,
sell, have sold and import licensed rifaximin products, which the
Company markets in the United States under the trade name XIFAXAN®.
The 199 patent provides protection for all indications currently
marketed and being assessed.
The U.S. Patent and Trademark Office also issued U.S. Patent No.
7,605,240 (the 240 patent) entitled "Methods of Treating Diarrhea and
Bloating Caused by Small Intestinal Bacterial Overgrowth". The patent
was issued October 20, 2009 and provides protection until August 2019.
The 240 patent provides protection relating to treating bloating caused
by small intestinal bacterial overgrowth associated with irritable bowel
syndrome (IBS). Salix currently is studying the potential use of
rifaximin in the treatment of IBS. Salix has an exclusive license to
this patent from Cedars -- Sinai Medical Center to make, have made, use,
sell and have sold and import licensed products related to the use of
rifaximin, which the Company markets in the United States under the
trade name XIFAXAN®.
Salix also announced today that as of October 27, 2009, Cipla, Limited
granted Salix the exclusive right in the United States to its amorphous
rifaximin application PCT Patent Application No. PCT/GB2007/003629; WO
2008/035109.
Salix Pharmaceuticals, Ltd., headquartered in Raleigh, North Carolina,
develops and markets prescription pharmaceutical products for the
treatment of gastrointestinal diseases. Salix's strategy is to
in-license late-stage or marketed proprietary therapeutic drugs,
complete any required development and regulatory submission of these
products, and market them through the Company's gastroenterology
specialty sales and marketing team.
Salix markets XIFAXAN® (rifaximin) tablets 200 mg, OSMOPREP®
(sodium phosphate monobasic monohydrate, USP and sodium phosphate
dibasic anhydrous, USP) Tablets, MOVIPREP® (PEG 3350, Sodium
Sulfate, Sodium Chloride, Potassium Chloride, Sodium Ascorbate and
Ascorbic Acid for Oral Solution), VISICOL® (sodium phosphate
monobasic monohydrate, USP, and sodium phosphate dibasic anhydrous, USP)
Tablets, APRISO (mesalamine) extended-release capsules 0.375 g.,
METOZOLV ODT (metoclopramide HCl), PEPCID® (famotidine) for
Oral Suspension, Oral Suspension DIURIL® (Chlorothiazide),
AZASAN® Azathioprine Tablets, USP, 75/100 mg, ANUSOL-HC®
2.5% (Hydrocortisone Cream, USP), ANUSOL-HC® 25 mg
Suppository (Hydrocortisone Acetate), PROCTOCORT® Cream
(Hydrocortisone Cream, USP) 1% and PROCTOCORT® Suppository
(Hydrocortisone Acetate Rectal Suppositories) 30 mg. Crofelemer,
budesonide foam and rifaximin for additional indications are under
development.
For full prescribing information, including BOXED WARNINGS for VISICOL,
OSMOPREP and METOZOLV, on Salix products, please visit www.salix.com
or contact the Company at 919 862-1000.
Salix trades on the NASDAQ Global Select Market under the ticker symbol
"SLXP".
For more information please visit our web site at www.salix.com
. Information on our web site is not incorporated in our SEC filings.
Please Note: The materials provided herein contain projections and
other forward-looking statements regarding future events. Such
statements are just predictions and are subject to risks and
uncertainties that could cause the actual events or results to differ
materially. These risks and uncertainties include, among others:
intellectual property rights; generic and other competition; the
unpredictable nature of the duration and results of clinical trials and
regulatory review of new drug applications; market acceptance for
approved products; the possible impairment of, or inability to obtain,
and the costs of obtaining such rights from third parties; our need to
return to profitability; and the need to acquire new products. The
reader is referred to the documents that the Company files from time to
time with the Securities and Exchange Commission.
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