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Ironwood Pharmaceuticals nets $203mm in IPO

Executive Summary

Ironwood Pharmaceuticals (mainly gastrointestinal diseases) sold 19.2mm Class A common shares (including the overallotment) at $11.25 to net $203mm in its initial public offering. The share price fell below the company's expected $14-16 range, announced in January.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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