Medicines Co. (MDCO) Reports Q2 Loss of $1.02/Share

Go back to Medicines Co. (MDCO) Reports Q2 Loss of $1.02/Share

The Medicines Company Reports Second Quarter 2017 Business and Financial Results

August 9, 2017 7:00 AM EDT

PARSIPPANY, N.J.--(BUSINESS WIRE)-- The Medicines Company (NASDAQ: MDCO) today reported its financial results for the second quarter ended June 30, 2017, and provided an update on its clinical and operational activities.

Second Quarter 2017 Highlights and Projected Milestones

Meropenem-Vaborbactam

The Company announced positive results from a planned, interim analysis of the TANGO-2 trial of its fixed-dose, investigational antibiotic combination, meropenem-vaborbactam, versus best available therapy. Randomization in the trial was stopped early, following a recommendation by the TANGO-2 independent Data and Safety Monitoring Board (DSMB) based on an analysis of 72 patients,... More