Ironwood Pharmaceuticals

Ironwood Pharmaceuticals, Inc
Public
Traded as NASDAQ:IRWD
Industry Biofuels And Bioproducts Industry
Founded 1998
Headquarters Cambridge, Massachusetts.
Products Bioproducts
Website www.ironwoodpharma.com

Ironwood Pharmaceuticals, Inc is a drug manufacturer that develops and markets medicines of different types. One of its main products, Linaclotide, is drug approved by the U.S. Food and Drug Administration (FDA) and marketed since December 2012. In February 2014, the company was approved allowance by the United States Patent and Trademark Office (USPTO) to apply a patent on Linzess and will be protect through 2031.[1] The company is publicly listed on NASDAQ with the symbol "IRWD".

History

In 2008, Microbia, Inc. changed its name to Ironwood Pharmaceuticals, Inc.[2]

Research and products

Linaclotide

This principal product of Ironwood Pharmaceuticals was approved by the US FDA in August 2012, and reached the US market in December 2012. The drug is focused on treating irritable bowel syndrome and related symptoms, which according to the National Institutes of Health (NIH) affects around 20% of Americans. Linaclotide is estimated to reach blockbuster status in around the year 2021, based on the forecast of market research firm Decision Resources.[3]

IW-9179

The company is also doing research on treatment for painful disorders of the small intestine, and has an early-stage product called IW-9179.[4] The drug has just passed Phase 2a study in 2013, and showed effects in treating Functional Dyspepsia (FD).[5]

BNC210 / IW-2143

BNC210 is an anxiolytic that Ironwood licensed and performed R&D on. It was abandoned November 2014.

Corporate affairs

Patent notice

In February 2014, Ironwood Pharmaceuticals was issued allowance by the United States Patent and Trademark Office (USPTO) to apply a patent on Linzess and will be protect through 2031. The patented method aims at achieving stable condition of the drug at room temperature and can dissolve in stomach with capsule and suitable for oral dosing.[6] This is another step forward in research and experiments based on Linaclotide usage.

References

  1. ↑ http://finance.yahoo.com/news/ironwood-receives-notice-allowance-methods-130000775.html
  2. ↑ "Microbia Announces Name Change to Ironwood Pharmaceuticals".
  3. ↑ http://decisionresources.com/News-and-Events/Press-Releases/Irritable-Bowel-Syndrome-121912
  4. ↑ http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=IRWD.O
  5. ↑ http://clinicaltrials.gov/show/NCT01712412
  6. ↑ http://www.4-traders.com/IRONWOOD-PHARMACEUTICALS-5933097/news/Ironwood-Pharmaceuticals-Inc--Ironwood-Receives-Notice-of-Allowance-for-Methods-of-Use-Formulatio-17971735

External links

This article is issued from Wikipedia - version of the Thursday, March 19, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.