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Ironwood Pharmaceuticals, Inc. - - IRWD STOCK NEWS

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Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD) is a biopharmaceutical company dedicated to creating innovative medicines that significantly improve the lives of patients. Founded in 1998, Ironwood specializes in gastrointestinal (GI) therapeutics and has a strong focus on developing and commercializing treatments for chronic conditions of the GI tract.

The company's flagship product is a medicine designed for adults suffering from irritable bowel syndrome with constipation (IBS-C) and chronic idiopathic constipation (CIC). This medicine, discovered and developed by Ironwood, is now fully commercialized and widely used to alleviate symptoms in patients, improving their quality of life.

Ironwood's research pipeline is robust, with multiple investigational medicines targeting both the upper and lower GI tract. The company leverages its expertise in gastrointestinal disorders and pharmacologic expertise in guanylate cyclases to develop new therapies that address unmet medical needs.

Beyond its core product, Ironwood is actively exploring new opportunities and expanding its portfolio through collaborative licenses, commercial agreements, and strategic acquisitions. These efforts aim to enhance the company's research, development, manufacturing, and marketing capabilities, thereby driving growth and innovation.

Recent achievements for Ironwood include the advancement of several clinical trials, promising data from ongoing research studies, and strategic partnerships aimed at enhancing product development and market reach. Financially, Ironwood continues to build value, achieving milestones that attract continued support from shareholders.

Ironwood Pharmaceuticals remains committed to its mission of making a difference for patients through the development of groundbreaking therapies. The company’s strong pipeline, dedicated team, and strategic initiatives position it as a leading player in the field of gastrointestinal therapeutics.

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Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD) announces positive Phase III STARS trial results for apraglutide in reducing parenteral support dependency in adult patients with short bowel syndrome with intestinal failure. Apraglutide met primary endpoint of reducing PS volume at week 24, demonstrated improvement in patients achieving at least one day off PS, and plans to submit NDA for regulatory approval.
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Ironwood Pharmaceuticals, Inc. to present apraglutide data at ASPEN 2024 on treating adult patients with short bowel syndrome with intestinal failure. Apraglutide shows promise in reducing parenteral support needs and improving fluid and energy absorption.
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Ironwood Pharmaceuticals reports strong financial performance in 2023 with LINZESS® achieving $1.1 billion in U.S. net sales, a 7% increase year-over-year. The company also generated $443 million in revenue, mainly from LINZESS collaboration revenue. Ironwood continues to expect topline results from the STARS Phase III study of apraglutide in patients with short bowel syndrome in March 2024.
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Ironwood Pharmaceuticals, Inc. (IRWD) will host its Q4 and full year 2023 investor update conference call and webcast on February 15, 2024. The call will be available for replay via telephone and archived on Ironwood's website for 1 year.
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Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD) announces new data from a Phase III study evaluating linaclotide in children and adolescents aged 6-17 years with functional constipation. The data, published in The Lancet Gastroenterology & Hepatology, highlights additional efficacy endpoints and formed the basis of the FDA approval of linaclotide for this population in June 2023. Functional constipation affects an estimated 6 million children in the U.S.
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Ironwood Pharmaceuticals, Inc. (IRWD) expects high-single digit percentage LINZESS® EUTRx prescription demand growth in 2024 and anticipates 2024 adjusted EBITDA of greater than $150 million. The company announced this financial guidance ahead of its presentation at the 42nd Annual J.P. Morgan Healthcare Conference. CEO Tom McCourt expressed confidence in the company's strategic progress and position in the GI healthcare industry.
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Ironwood Pharmaceuticals, Inc. (IRWD) CEO to present at 42nd Annual J.P. Morgan Healthcare Conference on January 10, 2024. Live webcast accessible through company's website.
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Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD) has successfully completed the squeeze-out merger with VectivBio Holding AG, resulting in the cancellation and conversion of all remaining outstanding ordinary shares of VectivBio into the right to receive $17.00 per share in cash. The merger was approved by VectivBio shareholders at an extraordinary general meeting. Ironwood also completed a tender offer to purchase approximately 97.5 percent of outstanding shares, followed by the voluntary delisting of VectivBio shares from Nasdaq.
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Ironwood Pharmaceuticals, Inc. (IRWD) will participate in a fireside chat at the Piper Sandler 35th Annual Healthcare Conference on November 29, 2023. The live webcast can be accessed through the Investors section of the company’s website. A replay will be available for 14 days following the conference.
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Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD) reported 8% year-over-year growth in LINZESS® (Iinaclotide) EUTRx prescription demand, with U.S. net sales of $279 million, a 7% increase. Positive final data from STARS Nutrition for apraglutide in short bowel syndrome and colon-in-continuity was reported. Phase II study of CNP-104 in primary biliary cholangitis topline data expected in Q3 2024. Maintains Full Year 2023 Guidance.
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FAQ

What is the current stock price of Ironwood Pharmaceuticals - (IRWD)?

The current stock price of Ironwood Pharmaceuticals - (IRWD) is $4.26 as of October 11, 2024.

What is the market cap of Ironwood Pharmaceuticals - (IRWD)?

The market cap of Ironwood Pharmaceuticals - (IRWD) is approximately 666.9M.

What does Ironwood Pharmaceuticals specialize in?

Ironwood Pharmaceuticals specializes in creating medicines for gastrointestinal disorders, focusing on conditions like IBS-C and CIC.

What is Ironwood's flagship product?

Ironwood's flagship product is a medicine for adults suffering from irritable bowel syndrome with constipation (IBS-C) and chronic idiopathic constipation (CIC).

When was Ironwood Pharmaceuticals founded?

Ironwood Pharmaceuticals was founded in 1998.

What are some of Ironwood's recent achievements?

Recent achievements include advancing clinical trials, promising research data, and strategic partnerships to enhance product development and market reach.

How does Ironwood plan to expand its research and development capabilities?

Ironwood plans to expand through collaborative licenses, commercial agreements, and strategic acquisitions.

What areas does Ironwood's research pipeline target?

Ironwood's research pipeline targets both the upper and lower gastrointestinal tract.

What other conditions, besides IBS-C and CIC, is Ironwood working on?

Ironwood is also working on treatments for hyperuricemia associated with uncontrolled gout, uncontrolled gastroesophageal reflux disease, and vascular and fibrotic diseases.

How does Ironwood build value for its shareholders?

Ironwood builds value through achieving research milestones, strategic partnerships, and maintaining a strong product pipeline that attracts continued shareholder support.

Where is Ironwood Pharmaceuticals listed?

Ironwood Pharmaceuticals is listed on the NASDAQ under the symbol IRWD.

What is the company's mission?

Ironwood's mission is to create medicines that make a significant difference for patients, building value for shareholders, and empowering a passionate team.

Ironwood Pharmaceuticals, Inc. -

Nasdaq:IRWD

IRWD Rankings

IRWD Stock Data

666.91M
159.74M
1.69%
109.68%
9.89%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
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United States of America
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