Ironwood Pharmaceuticals, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 11:15 AM Summary - Thomson StreetEvents

Ironwood Pharmaceuticals, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 11:15 AM Summary

Ironwood Pharmaceuticals, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 11:15 AM Summary - Thomson StreetEvents
Ironwood Pharmaceuticals, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 11:15 AM Summary
Published Jan 10, 2024
8 pages (3642 words) — Published Jan 10, 2024
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Abstract:

Edited Brief of JPM.N presentation 10-Jan-24 7:15pm GMT

  
Brief Excerpt:

...A. And this year, we gained approval for pediatric functional constipation in kids 6 to 17. B. This year, we acquired VectivBio and apraglutide which is really an innovative GLP-2 that I'll share with -- share some of the information with you today and also securing CNP-104, which we believe could be a disease-modifying agent for primary biliary cholangitis. C. This year, we had guided originally to an EBITDA of over $250 million, which we would have exceeded without the purchase of apraglutide, but it was just a tremendous opportunity for us to strengthen our pipeline. D. And obviously, with the addition of apraglutide in CNP-104, our financial outlook looks very different. E. While LINZESS is a $1 billion drug, we share that with AbbVie. F. So we basically secure about a little over $400 million in revenue, which we see growing over time as LINZESS continues to thrive in the marketplace. G. We certainly look at succeeding $1 billion by the end of the decade and certainly far beyond that...

  
Report Type:

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Company:
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Ticker
JPM.N
Time
7:15pm GMT
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MLA:
Thomson StreetEvents. "Ironwood Pharmaceuticals, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 11:15 AM Summary" Jan 10, 2024. Alacra Store. May 16, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Ironwood-Pharmaceuticals-Inc-Presents-at-J-P-Morgan-42nd-Annual-Healthcare-Conference-2024-Jan-10-2024-11-15-AM-B15850715>
  
APA:
Thomson StreetEvents. (2024). Ironwood Pharmaceuticals, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 11:15 AM Summary Jan 10, 2024. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Ironwood-Pharmaceuticals-Inc-Presents-at-J-P-Morgan-42nd-Annual-Healthcare-Conference-2024-Jan-10-2024-11-15-AM-B15850715>
  
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