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Ironwood and AstraZeneca Begin Phase III China Trial for Linaclotide

publication date: Sep 13, 2013
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Ironwood Pharma and AstraZeneca began their China Phase III clinical trial of linaclotide for the treatment of irritable bowel syndrome with constipation (IBS-C). Last year, the two companies announced a $150 million pact ($25 million upfront; the remainder in sales milestones) to develop the product in China. Although the relationship was described as a joint relationship, AstraZeneca has primary administrative responsibility for China operations. More details....

Stock Symbols: (NSDQ: IRWD) (NYSE: AZN)

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