Pharma BD Deal Intelligence

Ironwood Pharmaceuticals, Inc. / VectivBio Holding AG

2023 · Acquisition/Merger · $1.0B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

May 22, 2023 BioPharma Dive Bullish

Ironwood Pharmaceuticals will pay about $1 billion to acquire Swiss biotech VectivBio and its lead drug apraglutide, betting that a weekly injection will take…

May 22, 2023 STAT News Neutral

Ironwood Pharmaceuticals said Monday it would acquire VectivBio for roughly $1 billion, paying $17 a share for the Swiss-American rare disease biotech that is…

Apr 15, 2025 MedPath Bearish

FDA will not approve apraglutide based on the original STARS Phase 3 trial alone; Ironwood must conduct a confirmatory Phase 3 study before NDA approval.…

Source summaries from our enrichment pipeline; follow links for originals.

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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

Related deals — scored

DealYearValueOutcome
Ironwood Pharmaceuticals, Inc. / VectivBio Holding AG (this deal)2023$1.0B
Shire plc / Dyax Corp.2016$5.9B89
Horizon Pharma plc / Hyperion Therapeutics, Inc.2015$1.1B79
Shire plc / NPS Pharmaceuticals2015$5.2B78
AstraZeneca PLC / Amolyt Pharma2024$1.1B73
Sanofi SA / Inhibrx Inc.2024$2.2B70
Eli Lilly and Company / Hanmi Pharmaceutical Co. Ltd.2026$1.3B65

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