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Stock Market & Financial Investment News

News Breaks
February 13, 2014
07:06 EDTMDCOThe Medicines Co. downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded The Medicines Co. following the surprisingly negative cangrelor FDA panel. The firm said the setback removes and important value driver and now sees limited outperformance for shares. Price target lowered to $35 from $45.
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August 7, 2014
17:56 EDTMDCOThe Medicines Co. could have 25% upside, Barron's says
FDA approval of The Medicines Co. skin infection drug Orbactiv should give shares a boost and although the stock is not cheap, it is cheap enough to buy, Barron's argues in its Barron's Take column. The company's pipeline should bolster its earnings, the paper adds. Reference Link
08:12 EDTMDCOThe Medicines Co. to host conference call
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05:11 EDTMDCOThe Medicines Co. Orbactiv approved by FDA
The Medicines Company announced that the FDA has approved Orbactiv for injection for the treatment of adults with acute bacterial skin and skin structure infections, or ABSSSI, caused by susceptible designated Gram-positive bacteria including methicillin-resistant Staphylococcus aureus. Orbactiv is the first and only antibiotic approved by FDA to treat ABSSSIs with a single, once-only administration. Once fully infused over three hours, the Orbactiv treatment regimen is complete for patients with skin infections caused by susceptible Gram-positive pathogens.

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