Posted Jul. 9, 2014 at 9:20 a.m.

Premium Lock Salix to merge with Ireland unit of Cosmo Pharma in stock deal

Published: 2014-07-09 09:20:09
Updated: 2014-07-09 09:20:09

Salix Salix Pharmaceuticals announced on Monday a 62 percent increase in its first quarter revenue for 2012.

Salix Pharmaceuticals (NASDAQ:SLXP) is merging with a subsidiary of Italian drug company Cosmo Pharmaceuticals in a deal that brings Salix new drug products and also reduces the Raleigh company's taxes....

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