FDAnews Drug Daily Bulletin

SALIX BUYS NORGINE BOWEL CLEANER RIGHTS

Dec. 8, 2005
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Drug maker Salix Pharmaceuticals Ltd. said Wednesday that it has acquired a license to sell a bowel cleaning product made by privately owned Norgine BV that is expected to receive Food and Drug Administration approval next year. The company said it bought U.S. rights to NRL944 for payments that can total as much as $37 million, in addition to royalties over the life of the agreement.

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