ironwood pharmaceuticals inc
(IRWD:NASDAQ GS)
ironwood pharmaceuticals inc (IRWD) Snapshot
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Open
$12.73
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Previous Close
$12.91
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Day High
$12.92
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Day Low
$12.41
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52 Week High
03/18/13 - $19.67
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52 Week Low
12/5/12 - $10.01
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Market Cap
1.5B
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Average Volume 10 Days
1.7M
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EPS TTM
$-1.24
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Shares Outstanding
92.9M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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ironwood pharmaceuticals inc (IRWD) Latest News
ironwood pharmaceuticals inc (IRWD) Related Businessweek News
No Related Businessweek News Foundironwood pharmaceuticals inc (IRWD) Details
Ironwood Pharmaceuticals, Inc., an entrepreneurial pharmaceutical company, discovers, develops, and commercializes human therapeutic products. The company’s lead product candidate, linaclotide, a guanylate cyclase type-C agonist for irritable bowel syndrome with constipation (IBS-C) and chronic idiopathic constipation (CIC) gastrointestinal disorders under the LINZESS name in the United States and Constella name in the European Union. It also has a pipeline focused on the research and development of early development candidates and discovery research programs in various therapeutic areas, including gastrointestinal diseases, central nervous system disorders, allergic conditions, and cardiovascular diseases. Ironwood Pharmaceuticals has collaboration and license agreements with Forest Laboratories, Inc. to develop and commercialize linaclotide in North America; Almirall, S.A to develop and commercialize linaclotide for the treatment of IBS-C, CIC, and other gastrointestinal conditions; Astellas Pharma Inc. to develop and commercialize linaclotide for the treatment of IBS-C, CIC, and other gastrointestinal conditions in Japan, South Korea, Taiwan, Thailand, the Philippines, and Indonesia; and AstraZeneca AB to co-develop and co-commercialize linaclotide in China, including Hong Kong and Macau. The company was formerly known as Microbia, Inc. and changed its name to Ironwood Pharmaceuticals, Inc. in April 2008. Ironwood Pharmaceuticals, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts.
ironwood pharmaceuticals inc (IRWD) Top Compensated Officers
ironwood pharmaceuticals inc (IRWD) Key Developments
Ironwood Pharmaceuticals, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of $3,255,000 against $12,248,000 for the same period of last year. Loss from operations was $88,833,000 against $35,636,000 for the same period of last year. Net loss was $93,902,000 against $35,601,000 for the same period of last year. Net loss per basic and diluted share was $0.87 against $0.34 for the same period of last year. The company used approximately $93 million of net cash for operations. The decrease in collaborative arrangements revenue, compared with the first quarter of 2013, is primarily due to the completion of amortization of deferred revenue associated with collaborations with Forest and Almirall. The decrease in collaborative arrangements revenue compared with last quarter was primarily due to the $25 million upfront payment associated with collaboration with AstraZeneca, partially offset by increased API sales this past quarter. Ironwood's 50% portion of the net loss is approximately $33 million.
Ironwood Pharmaceuticals, Inc., Q1 2013 Earnings Call, Apr 23, 2013
Ironwood Pharmaceuticals, Inc. announced the appointment of Edward Owens to its board of directors. Mr. Owens is a recently retired partner, portfolio manager and global industry analyst with Wellington Management Company, LLP.
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| IRWD:US | $12.52 USD | -0.39 | |
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Industry Analysis
IRWD
Industry Average
| Valuation | IRWD | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 10.3x |
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| Price/Book | 24.9x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 7.4x |
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To contact IRONWOOD PHARMACEUTICALS INC, please visit www.ironwoodpharma.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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