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Ironwood raises $50 million for IBS product development

This article was originally published in Scrip

Executive Summary

Ironwood Pharmaceuticals has raised $50 million in private equity financing primarily to support the development of linaclotide, its Phase III gastrointestinal compound. The money will fund linaclotide's development in irritable bowel syndrome with constipation (IBS-C) and chronic constipation, as well as its other candidates and commercial expansion.

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