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Stock Market & Financial Investment News

News Breaks
February 20, 2013
08:08 EDTMDCOThe Medicines Co. reports Q4 EPS 78c, consensus 28c
Reports Q4 revenue $159,5M, consensus $146.09M.
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April 23, 2014
07:22 EDTMDCOThe Medicines Co. to acquire Tenaxis for $58M
The Medicines Company and Tenaxis Medical announced an agreement for The Medicines Company to acquire Tenaxis. Tenaxis's sole product, which mechanically seals both human tissue and artificial grafts is approved, but not launched in the US -- having received U.S. PMA approval from the FDA in March 2013 as a vascular sealant. The product is also approved with a European CE Mark as a surgical sealant applicable to cardiovascular, general, urological, and thoracic surgery. Under the terms of the agreement, The Medicines Company will pay $58M upfront on closing of the deal. The Medicines Company will also pay milestone payments of up to $112M contingent upon achieving certain commercial and -- in pursuit of even broader indications -- regulatory approval milestones.
07:08 EDTMDCOThe Medicines Co. reports Q1 adjusted EPS 33c, may not compare to consensus (7c)
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April 17, 2014
09:59 EDTMDCOOn The Fly: Analyst Downgrade Summary
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07:17 EDTMDCOThe Medicines Co. downgraded to Market Perform from Outperform at Leerink
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