AstraZeneca (AZN -1.6%) is partnering with Ironwood Pharmaceuticals (IRWD -1.6%) to co-develop...


AstraZeneca (AZN -1.6%) is partnering with Ironwood Pharmaceuticals (IRWD -1.6%) to co-develop and co-commercialize IRWD's linaclotide in China. Linaclotide is the first and only guanylate cyclase-C agonist approved by the FDA. Under the terms of the agreement, AZN will make an upfront payment of $25M to IRWD and will share in the net profits and losses. IRWD will also be eligible for $125M in additional sales-related milestone payments.

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  • norjud
    , contributor
    Comments (468) | Send Message
     
    What is this drug use to treat?
    23 Oct 2012, 05:37 PM Reply Like
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