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Wednesday, 05/23/2018 4:49:36 AM

Wednesday, May 23, 2018 4:49:36 AM

Post# of 4273
Synergy Pharma's valuation peaked after data suggested its CIC treatment could challenge Ironwood's Lizness

Synergy Pharmaceuticals Scored $1.4B Valuation For Its Proposed Solution To Ironwood's Diarrhea

https://finance.yahoo.com/news/biotech-ceo-presents-merck-500m-115300125.html

Synergy Pharmaceuticals (SGYP) touted Trulance as an alternative to Ironwood's Linzess for chronic idiopathic constipation (CIC), which was known to cause diarrhea and could limit its real-world use. Synergy's bid to improve upon Linzess helped shares peak at a $1.4 billion valuation in early 2017 (as shown in Figure 1, below).




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