Marla Kessler Buys Shares of IRWD $IRWD
Key Points
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Marla Kessler, insider at Ironwood Pharmaceuticals, Inc. ($IRWD), bought 63,481 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Ironwood Pharmaceuticals, Inc. Stock Down 11.4%
Shares of Ironwood Pharmaceuticals, Inc. ($IRWD) traded around $3.66 on Wednesday, down 11.4% for the day.
Ironwood Pharmaceuticals, Inc. Earnings
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About Ironwood Pharmaceuticals, Inc.
Ironwood Pharmaceuticals, Inc., a biotechnology company, focuses on the development and commercialization of therapies for gastrointestinal (GI) and rare diseases in the United States and internationally. It sells linaclotide, a guanylate cyclase type-C (GC-C) agonist for the treatment of adults suffering from irritable bowel syndrome with constipation or chronic idiopathic constipation, as well as for pediatric patients suffering from functional constipation under the LINZESS and CONSTELLA names. The company is also developing IW-3300, a GC-C agonist for the treatment of visceral pain conditions, including interstitial cystitis/bladder pain syndrome and endometriosis; and Apraglutide, a synthetic peptide long-acting analog of glucagon-like peptide-2 for short bowel syndrome patients dependent on parenteral support, as well as for acute graft versus host disease. It has strategic partnerships with AbbVie Inc., AstraZeneca AB, and Astellas Pharma Inc. for the development and commercialization of linaclotide. The company was formerly known as Microbia, Inc. and changed its name to Ironwood Pharmaceuticals, Inc. in April 2008. Ironwood Pharmaceuticals, Inc. was incorporated in 1998 and is headquartered in Boston, Massachusetts.
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