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8-K - FORM 8-K - SALIX PHARMACEUTICALS LTDd8k.htm

Exhibit 99.1

FOR IMMEDIATE RELEASE

 

Contact:

   Adam C. Derbyshire    G. Michael Freeman
  

Executive Vice President and

Chief Financial Officer

  

Associate Vice President, Investor Relations

and Corporate Communications

   919-862-1000    919-862-1000

Salix Pharmaceuticals Announces 4Q2010 and FY2010

Financial Results Conference Call and Webcast

RALEIGH, NC, February 14, 2011- Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) today announced that the Company will report fourth quarter 2010 and full year 2010 financial results following the close of the U.S. financial markets on Monday, February 28, 2011.

The Company will host a conference call at 5:00 p.m. ET, on Monday, February 28, 2011. Interested parties can access the conference call by way of web cast or telephone. The live web cast will be available at www.salix.com. A replay of the web cast will be available at the same location. The telephone numbers to access the live conference call are (877) 780-3381 (U.S. and Canada) or (719) 457-2642 (international.) The telephone numbers to access the replay of the call are (888) 203-1112 (U.S. and Canada) or (719) 457-0820 (international). The access code for the replay is 3318982.

Salix Pharmaceuticals, Ltd., headquartered in Raleigh, North Carolina, develops and markets prescription pharmaceutical products for the prevention and 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 trades on the NASDAQ Global Select Market under the ticker symbol “SLXP”.

For more information, please visit our Website at www.salix.com or contact the Company at 919–862–1000. Follow us on Twitter (@SalixPharma) and Facebook (www.facebook.com/SalixPharma) Information on our web site is not incorporated in our SEC filings.

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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: the unpredictability of the duration and results of regulatory review of New Drug Applications and Investigational NDAs; market acceptance for approved


products; the cost, timing and results of clinical trials and other development activities involving pharmaceutical products; generic and other competition; litigation and the possible impairment of, or inability to obtain, intellectual property rights and the costs of obtaining such rights from third parties; revenue recognition and other critical accounting policies; 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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