Raymond James Downgrades AMAG Pharmaceuticals (AMAG) to Underperform

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AMAG Pharmaceuticals Provides Financial and Business Update

January 9, 2017 8:01 AM EST

2016 total revenue increased 45 percent

Provides update on Makena® next-generation program

Anticipates 2017 GAAP revenue of $620-$670 million, including Makena net sales of $410-$440 million

WALTHAM, Mass., Jan. 09, 2017 (GLOBE NEWSWIRE) -- AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) today provided a business update, including announcing preliminary unaudited fourth quarter and annual 2016 financial results, 2017 financial guidance, and an update on its Makena® subcutaneous auto-injector program. In a separate release, the company also announced a licensing transaction for RekyndaTM (bremelanotide). The company will present further... More

AMAG Pharmaceuticals and Palatin Technologies Enter Into Exclusive Licensing Agreement for North American Rights to Rekyndatm (bremelanotide), a Potential Treatment for a Common Female Sexual Disorder

January 9, 2017 8:00 AM EST

Two Phase 3 trials completed for Rekynda; co-primary endpoints met

Will address underserved medical condition with significant untapped market potential

Broadens AMAGs presence in womens health and leverages AMAGs commercial capabilities and customer relationships

WALTHAM, Mass. and CRANBURY, N.J., Jan. 09, 2017 (GLOBE NEWSWIRE) -- AMAG Pharmaceuticals, Inc. (Nasdaq: AMAG) together with Palatin Technologies, Inc. (NYSE MKT: PTN) today announced they have entered into an agreement for exclusive North American rights to develop... More