Raleigh--Adam Derbyshire stepped down as chief financial officer of Salix Pharmaceuticals after the company said it is auditing its inventory management.

PositionStatewide

RALEIGH -- Adam Derbyshire stepped down as chief financial officer of Salix Pharmaceuticals after the company said it is auditing its inventory management. The move followed a report that distributors were holding unusually high amounts of its drugs, which treat gastrointestinal diseases. Shares of Salix declined 34%...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT