On May 5, 2009, Salix Pharmaceuticals, Ltd. issued a press release announcing its financial and operating results for the first quarter ended March 31, 2009. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by reference.

The information in this Item 2.02 (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

On May 5, 2009, Salix issued a press release announcing that it will present at the Bank of America and Merrill Lynch 2009 Health Care Conference in New York, New York, on Tuesday, May 12 at 10:40 a.m. ET. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated herein in its entirety by reference.

(d) Exhibits

Exhibit No.       Description
99.1              Press release dated May 5, 2009 regarding financial results for
                  the first quarter ended March 31, 2009.

99.2              Press release dated May 5, 2009 regarding presentation at the
                  Bank of America and Merrill Lynch 2009 Health Care Conference.