The main purpose is to determine whether FPC, administered via infusion, is safe and effective for the treatment of iron deficiency anemia (IDA) in patients receiving Home Infusion therapies (HI).

This is a prospective, randomized, placebo-controlled, multi-center, clinical trial of the safety and efficacy of FPC infusion for patients diagnosed with IDA receiving therapy home infusion therapy. The study will be open label placebo-controlled using an objective endpoint (Hgb). A total of 75 home infusion patients will be enrolled.

Subjects will be randomized to receive FPC starting at Day 1; Patients in the FPC arm will receive FPC 20 mg Fe IV by infusion over 12 hours every other day (qOD), for a total duration of up to 12 weeks plus a one-week follow-up after the last study drug treatment. For patients whose duration of therapy is >10 hours, patients will receive a 12-hour infusion of FPC. Patients in the placebo arms will receive IV placebo on the same schedule for 12 weeks.

Inclusion Criteria:

• Provision of signed and dated informed consent form
• Stated willingness to comply with all study procedures and availability for the duration of the study
• Receiving a home infusion therapy requiring IV administration of fluid via an indwelling access device for up to 12 hours daily, 7 days a week, for >4 weeks
• Diagnosed with Iron deficiency anemia (Hgb <11.5 g/dL Female and <12 g/dL Male)
• CHr <29 pg./mL
• Serum Ferritin <100 ng/mL
• TSAT <20%
• Ability and willingness to adhere to the home infusion administration of FPC/Placebo.
• For females of reproductive potential: use of highly effective contraception for at least 1 month prior to screening and agreement to use such a method during study participation
• Agreement to adhere to Lifestyle Considerations (see section 5.3) throughout study duration

Exclusion Criteria:

• Use of oral or intravenous iron within 4 weeks prior to randomization.
• Pregnancy or lactation
• Any febrile illness (oral temperature > 100.4°F, 38°C) during screening.
• Treatment with another investigational drug within 30 days of Randomization
• Current smoker or tobacco use within ≥3 months
• Known cause of anemia other than iron deficiency (e.g., sickle cell disease, thalassemia, pure red cell aplasia, hemolytic anemia, myelodysplastic syndrome, Vitamin B12 deficiency …etc.)
• Vitamin deficiency at Screening Visit
• Iron overload that contraindicates further iron supplementation as deemed by the PI.
• Prior documented hypersensitivity reaction (anaphylaxis) to IV iron administration
• History of drug or alcohol abuse within the last 6 months.
• Known active tuberculosis, fungal, viral, or parasitic infection requiring anti-microbial therapy or anticipated to require anti-microbial therapy during the patient's participation in this study.
• Known positive status for hepatitis B surface antigen (hepatitis B testing is not required as part of this protocol).
• Known human immunodeficiency virus (HIV) infection (HIV testing is not required as part of this protocol).
• Cirrhosis of the liver based on histological criteria or clinical criteria (e.g., presence of ascites, esophageal varices, spider nevi, or history of hepatic encephalopathy).
• Hepatitis C infection if ALT and/or AST levels are consistently greater than twice the upper limit of normal at any time during the 2 months prior to randomization.
• Subjects who are anticipated to be unable to complete the entire study (e.g., due to a concurrent disease).