Small Molecule

Endo Competing with Valeant, Shire for Salix Takeover

Feb 17, 2015

Reuters

Endo International Plc has attempted multiple times to buy Salix Pharmaceuticals Ltd. but has been rejected by the drugmaker, according to a Reuters article.

Endo and its advisers have sent several letters to the company, and it remains interested in a potential takeover, said an unnamed source.

Valeant Pharmaceuticals International and Shire Plc have also attempted a bid for Salix, sources previously told Reuters. Read the full article