Peter Hecht spun Ironwood into two different companies after an investor attack, but the results so far leave much to be desired. (Business Wire)

Cy­cle­ri­on ax­es an­oth­er pro­gram as strug­gles grow for Pe­ter Hecht's Iron­wood spin­out

Things have not been go­ing well in the old Iron­wood pipeline.

Last month, the Boston-based phar­ma­ceu­ti­cal com­pa­ny an­nounced that the sec­ond of just two …

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