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Ironwood Pharmaceuticals Falls 6% Following Disappointing Phase 2a Study

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Shares of Ironwood Pharmaceuticals, Inc. IRWD 1.34% fell more than 6 percent early Tuesday morning after the company announced disappointing top-line data from a Phase 2a study.

Ironwood Pharmaceuticals stated that top line data from its Phase 2a clinical study of IW-9179 in diabetic gastroparesis did not meaningfully reduce the severity...