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Ironwood licenses European rights to IBS compound to Almirall

This article was originally published in Scrip

Executive Summary

Ironwood Pharmaceuticals could receive $150 million for licensing out the European rights of the investigational compound linaclotide to Almirall of Spain. The drug is in Phase III development for the treatment of irritable bowel syndrome with constipation (IBS-C), for which there is no marketed treatment currently available, and chronic constipation.

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