Despite good data, Ironwood’s shares plummet
Ironwood Pharmaceuticals’ short bowel syndrome drug performed well in a Phase 3 trial, but the company’s shares still tanked 30%. What happened?
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Today, we’ll discuss how the U.S. government is cracking down on Chinese biotechs, and how that might affect the industry stateside. Also, a positive clinical trial for Ironwood Pharmaceuticals still causes a stock slump, and more.
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