Ironwood Pharmaceuticals Sells Struggling Microbia, Inc. Subsidiary to Royal DSM for Undisclosed Amount  
9/22/2010 6:44:13 AM

Xconomy -- The chemical giant Royal DSM has agreed to purchase the Lexington, MA-based bio-manufacturing firm Microbia from Ironwood Pharmaceuticals, according to a press release. DSM, based in Heerlen, The Netherlands, has not disclosed terms of the deal.