Ironwood Pharmaceuticals, Inc. (OQ:IRWD)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 100 Summer Street, Suite 2300
BOSTON MA 02110
Tel: 1-617-6218395
Website: https://www.ironwoodpharma.com
IR: See website
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Key People
Thomas A. Mccourt
Chief Executive Officer, Director
Sravan K. Emany
Chief Financial Officer, Senior Vice President
John Minardo
Senior Vice President, Chief Legal Officer, Secretary
Andrew Davis
Senior Vice President, Chief Business Officer
Michael Shetzline
Senior Vice President, Chief Medical Officer, Head of Research and Drug Development
 
Business Overview
Ironwood Pharmaceuticals, Inc. is a gastrointestinal (GI) healthcare company engaged in advancing the treatment of GI diseases and redefining the standard of care for GI patients. It is engaged in the development of LINZESS (linaclotide) for adults with irritable bowel syndrome with constipation (IBS-C) or chronic idiopathic constipation (CIC). Linaclotide is also approved for the treatment of functional constipation in pediatric patients ages 6-17 years old. It is advancing apraglutide, a long-acting synthetic glucagon-like peptide-2 (GLP-2) analog being developed for rare gastrointestinal diseases, including short bowel syndrome with intestinal failure (SBS-IF) as well as several earlier stage assets. It is advancing IW-3300, a GC-C agonist, for the potential treatment of visceral pain conditions, such as interstitial cystitis/bladder pain syndrome (IC/BPS), and endometriosis. It is also developing CNP-104 for the treatment of PBC, a rare autoimmune disease targeting the liver.
Financial Overview
For the fiscal year ended 31 December 2023, Ironwood Pharmaceuticals, Inc. revenues increased 8% to $442.7M. Net loss totaled $1B vs. income of $175.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Research and development increase from $39.3M to $98.6M (expense), Selling, general and administrative increase of 25% to $117.1M (expense).
Employees: 267 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,803M as of Dec 31, 2023
Annual revenue (TTM): $442.74M as of Dec 31, 2023
EBITDA (TTM): $169.91M as of Dec 31, 2023
Net annual income (TTM): -$1,002M as of Dec 31, 2023
Free cash flow (TTM): -$842.89M as of Dec 31, 2023
Net Debt Last Fiscal Year: $605.72M as of Dec 31, 2023
Shares outstanding: 156,528,648 as of Jan 31, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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