AMAG Pharmaceuticals Appoints William Heiden as President and Chief Executive Officer

AMAG Pharmaceuticals, Inc. AMAG today announced the appointment of William K. Heiden as president and chief executive officer, effective May 14, 2012. Mr. Heiden, age 52, has also been appointed to the company's board of directors. AMAG also announced that its largest shareholder, Adage Capital, has requested and the company has agreed to allow Adage to increase its equity ownership in AMAG up to 25%, subject to certain conditions.