AstraZeneca Plc Amends Its Collaboration Agreement With Ironwood

  • Sep 18, 2019 BST
  • Team Kalkine
  • AstraZeneca Plc (LSE: AZN), has amended its collaboration agreement with Ironwood for Linzess in China.
  • As per the new agreement, only AstraZeneca will be responsible for manufacturing, developing and commercialising Linzess in China mainland, China Macau and China Hong Kong.
  • Earlier, the company had primary responsibility for local operational execution, while there was a joint responsibility of the two companies for strategic oversight of the development and commercialisation of Linzess in China.
  • On 18th September 2019, at the time of writing, GMT 13.19 PM, AZN shares were trading at GBX 6,920.00, up by 29.00 points or 0.42 per cent against the previous day closing price.

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