UPDATE: Synergy Pharma (SGYP) Higher on Linzess Approval (IRWD) (FRX)

Go back to UPDATE: Synergy Pharma (SGYP) Higher on Linzess Approval (IRWD) (FRX)

FDA Approves IBS-C Treatment Linzess (IRWD) (FRX)

August 30, 2012 11:05 AM EDT

Below is the FDA press release related to approval of Ironwood Pharmaceuticals' (NASDAQ: IRWD) and Forest Labs' (NYSE: FRX) Linzess:

Press Release:

The U.S. Food and Drug Administration today approved Linzess (linaclotide) to treat chronic idiopathic constipation and to treat irritable bowel syndrome with constipation (IBS-C) in adults.

According to the National Institutes of Health, an estimated 63 million people are affected by chronic constipation. Chronic idiopathic constipation is a diagnosis given to those who experience persistent constipation and do not respond to standard... More

UPDATE: Ironwood (IRWD), Forest (FRX) Win FDA Approval for Linzess

August 30, 2012 10:58 AM EDT

(Updated - August 30, 2012 10:59 AM EDT)

Ironwood Pharmaceuticals (NASDAQ: IRWD), Forest Labs (NYSE: FRX) win FDA approval for Linzess to treat irritable bowel. (NOTE: Shares of IRWD were halted)... More