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Security Profile
- Security Type
- Common Stock
- CUSIP
- 46333X108
- Market Cap
- Large Cap
- IPO
- 2/4/2010 · $11.25/share
Business: Ironwood Pharmaceuticals is focused on creating medicines that make a difference for patients, building value to earn the continued support of their fellow shareholders, and empowering their team to passionately pursue excellence. They discovered, developed and are commercializing linaclotide, which is approved in the United States and a number of other countries. Their pipeline priorities include exploring further opportunities for linaclotide, as well as leveraging their therapeutic expertise in gastrointestinal disorders and their pharmacologic expertise in guanylate cyclases to address patient needs across the upper and lower gastrointestinal tract. Ironwood was founded in 1998 and is headquartered in Cambridge, Mass. LINZESS and CONSTELLA are trademarks owned by Ironwood Pharmaceuticals, Inc.
Notes: Feb. 26, 2019-- Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD) today announced that Cyclerion Therapeutics, Inc. (Cyclerion) has entered into an agreement for a private placement of up to $175 million. The offering includes commitments from existing Ironwood shareholders, new investors, and certain members of future Cyclerion management. Final proceeds from this offering are expected to support Cyclerion’s sGC stimulator portfolio for at least two years, including four clinical data readouts expected in the second half of 2019. The financing transaction is anticipated to close in early April, immediately following the completion of Ironwood’s planned tax-free spin-off of Cyclerion to Ironwood shareholders.
Company Contact
- CEO
- Thomas McCourt
- CFO
- Greg Martini
- Headquarters
- 100 Summer Street, Suite 2300, Boston, MA 02110
- Phone
- 617-621-7722
- Fax
- 617-494-0480
- Investor Relations
- Matt Roache · 617-621-8395 · mroache@ironwoodpharma.com