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Through the acquisition, Ironwood expands its portfolio with the addition of FE203799 (apraglutide), a next-generation, GLP-2 analog in Phase 3 for short bowel syndrome with intestinal failure (SBS-IF).


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Ironwood Pharmaceuticals

Deal Size: $1,000.0 million Upfront Cash: $1,000.0 million

Deal Type: Acquisition December 12, 2023

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Through the acquisition, Ironwood expands its portfolio with the addition of FE203799 (apraglutide), a next-generation, GLP-2 analog in Phase 3 for short bowel syndrome with intestinal failure (SBS-IF).


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Ironwood Pharmaceuticals

Deal Size: $1,000.0 million Upfront Cash: $1,000.0 million

Deal Type: Acquisition May 22, 2023

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Apraglutide is a novel long-acting glucagon-like peptide-2 analog designed for to increase fluid and nutrient absorption by the remnant intestine of patients who have short bowel syndrome with intestinal insufficiency or intestinal failure.


Lead Product(s): Apraglutide

Therapeutic Area: Immunology Product Name: Undisclosed

Highest Development Status: Phase IIProduct Type: Peptide

Partner/Sponsor/Collaborator: Asahi Kasei Pharma

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 13, 2023

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FE203799 (apraglutide) is an investigational new drug that is a next-generation, long-acting synthetic GLP-2 analog being developed for a range of rare gastrointestinal diseases where GLP-2 can play a central role in addressing disease pathophysiology.


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 03, 2022

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VectivBio intends to use the net proceeds from the offering, (i) clinical development and pre-commercialization activities for its lead product FE203799 (apraglutide) and (ii) general corporate purposes, including general and administrative expenses and working capital.


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Jefferies

Deal Size: $125.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering October 18, 2022

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VectivBio intends to use the net proceeds from the offering, (i) clinical development and pre-commercialization activities for its lead product FE203799 (apraglutide) and (ii) general corporate purposes, including general and administrative expenses and working capital.


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Jefferies

Deal Size: $125.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering October 13, 2022

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Apraglutide is investigational new drug that is next-generation, long-acting synthetic GLP-2 analog being developed for range of rare gastrointestinal diseases.


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 13, 2022

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VectivBio intends to use the net proceeds, together with its existing cash and cash equivalents, available for sale and short-term deposits: to fund clinical development and pre-commercialization activities for its lead product candidate FE203799 (Apraglutide).


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase I/ Phase IIProduct Type: Peptide

Partner/Sponsor/Collaborator: SVB Securities

Deal Size: $30.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering June 15, 2022

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FE203799 (apraglutide) is a next-generation, synthetic GLP-2 analog rationally designed with the potential to offer an improved safety and efficacy profile relative to other agents in its class and less frequent dosing.


Lead Product(s): Apraglutide

Therapeutic Area: Immunology Product Name: FE203799

Highest Development Status: Phase IIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 02, 2022

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The company entered into agreement with Asahi Kasei Pharma to develop and commercialize apraglutide, a next-generation, long-acting GLP-2 analog, for the treatment of short bowel syndrome with intestinal failure, steroid-refractory acute graft-versus-host disease in Japan.


Lead Product(s): Apraglutide

Therapeutic Area: Gastroenterology Product Name: FE203799

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Asahi Kasei Pharma

Deal Size: $200.0 million Upfront Cash: $30.0 million

Deal Type: Licensing Agreement March 30, 2022

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