Ironwood Pharmaceuticals, Inc. / VectivBio Holding AG
2023 · Acquisition/Merger · $1.0B · Complete
Announcement Sentiment
67
Positive
Ironwood entered a definitive agreement to acquire VectivBio for $17.00/share, total consideration ~$1B net of cash and debt, gaining apraglutide, a Phase 3 GLP-2 analog for SBS-IF positioned as a potential best-in-class follow-on to Linzess. Tender offer with HSR clearance.
Key facts
AnnouncedMay 22, 2023
ClosedJun 26, 2023
Deal value$1.0B
Deal typeAcquisition/Merger
Therapeutic areaShort bowel syndrome with intestinal failure (SBS-IF)
IndicationsShort bowel syndrome with intestinal failure (SBS-IF)