$Ironwood Pharmaceuticals (IRWD.US)$Reuters· 1 min ago Ironwood Pharmaceuticals Initiates Apraglutide Nda Submission, Highlights Compelling New Data and Updates Corporate Structure to Position for the Future
$Ironwood Pharmaceuticals (IRWD.US)$shares sank almost 40% after the drugmaker said its global phase III trial of Apraglutide, a treatment for short bowel syndrome, missed two of its four secondary goals. That muddies the prospects for the company that's seeking to expand its product pipeline beyond Linzess. Ironwood, which has been operating at a loss, sourced almost ll of its $117.6 million revenue in 2023 from its collaborati...
Thomas McCourt's recent sale at the current share price of US$14.58 raises caution. More selling than buying by insiders over the past year and low insider ownership could concern potential investors.
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Ironwood Pharmaceuticals Initiates Apraglutide Nda Submission, Highlights Compelling New Data and Updates Corporate Structure to Position for the Future
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That muddies the prospects for the company that's seeking to expand its product pipeline beyond Linzess.
Ironwood, which has been operating at a loss, sourced almost ll of its $117.6 million revenue in 2023 from its collaborati...
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