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Salix to file antibiotic Xifaxan for IBS after Phase III success

 
• By Asher Mullard

Salix Pharmaceuticals' broad spectrum antibiotic Xifaxan (rifaximin) met its primary endpoint in two Phase III trials, providing symptomatic relief from non-constipation irritable bowel syndrome (IBS). The company's share price soared by 51% to close at $20.22 on September 14th on Nasdaq following the news.

Salix Pharmaceuticals' broad spectrum antibiotic Xifaxan (rifaximin) met its primary endpoint in two Phase III trials, providing symptomatic relief from non-constipation irritable bowel syndrome (IBS). The company's share price soared by 51% to close at $20.22 on September 14th on Nasdaq following the news.

"We are extremely pleased with the outcome of our pivotal Phase III trials of rifaximin in the treatment of non-constipation...

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