other material
confidence high
sentiment neutral
materiality 0.40
Ironwood files audited VectivBio financials: 2022 net loss $94M, 2021 & 2022 restated
IRONWOOD PHARMACEUTICALS INC
- VectivBio 2022 revenue $27.3M from Asahi Kasei partner deal; net loss $94.1M.
- VectivBio held $221.4M cash at Dec 31, 2022; total assets $252.6M.
- Restated 2021 and 2022 statements to correct a misstatement; no further details here.
- Pro forma combined results for Ironwood + VectivBio for H1 2023 and FY2022 included in filing.