The Medicines Company Reports First-Quarter 2016 Business and Financial Results

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Chiesi to Acquire Medicines Co.'s (MDCO) Cleviprex, Kengreal, and Rights to Argatroban

May 9, 2016 7:08 AM EDT

The Medicines Company (NASDAQ: MDCO) announced that it has entered into a definitive agreement to sell Cleviprex (clevidipine), Kengreal (cangrelor) and the Companys rights to Argatroban for Injection to Chiesi USA, Inc. and its parent company, Chiesi Farmaceutici S.p.A., for up to $792 million, consisting of $260 million in cash payable at closing, up to $480 million in sales-based milestone payments, the assumption by Chiesi of up to $50... More

Medicines Co. (MDCO) Posts Q1 Loss of $1.03/Share

May 9, 2016 7:07 AM EDT

Medicines Co. (NASDAQ: MDCO) reported Q1 EPS of ($1.03), $0.14 worse than the analyst estimate of ($0.89). Revenue for the quarter came in at $50.3 million versus the consensus estimate of $48.96 million.

For earnings history and earnings-related data on Medicines Co. (MDCO) click here.

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