Oppenheimer Comments on Medicines' (MDCO) Cangrelor Trial

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Medicines Co. (MDCO) Reports Positive Phase 3 Trial of Cangrelor for PCI

January 8, 2013 11:09 AM EST

The Medicines Company (NASDAQ: MDCO) today announced results for its pivotal Phase 3 clinical trial of cangrelor, which is in development to prevent platelet activation and aggregation that leads to thrombosis in the acute care setting, including in patients undergoing percutaneous coronary intervention (PCI).

Following the recommendation of the trial's Data Safety Monitoring Board (DSMB) in July 2012 to continue the protocol as planned, the CHAMPION PHOENIX trial completed enrollment in October 2012. After successful data lock, the data analysis revealed that the protocol defined... More