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BioWorld - Monday, May 12, 2025
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Home » Ironwood to split off R&D in quest for profitability
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Ironwood to split off R&D in quest for profitability

May 2, 2018
By Michael Fitzhugh
Directors at Ironwood Pharmaceuticals Inc. have green-lit plans to spin off the company's R&D programs into a new publicly traded company, a move that could help sales of Linzess (linaclotide) and other approved treatments carry the commercial business to profitability in 2019 while compartmentalizing risks of its rare disease-focused soluble guanylate cyclase (sGC) stimulator programs.
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