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The Medicines Company, Alnylam Announce Global Alliance

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The Medicines Company Falls 10% Following Angiomax Court Hearing
Earnings Scheduled For February 18, 2015

The
Medicines Company (NASDAQ: MDCO) and Alnylam
Pharmaceuticals (NASDAQ: ALNY) announced today that they have formed
an exclusive global alliance for the development and commercialization
of Alnylam's ALN-PCS RNAi therapeutic program for the treatment of
hypercholesterolemia.

“This new alliance unites two organizations with a shared culture and
commitment to innovation. In my view and past experience, there could be
no stronger partner for our ALN-PCS program than The Medicines Company,
which has demonstrated industry-wide leadership in the advancement of
cardiovascular medicines to patients and remarkable success in its
strategy of in-licensing, developing, and commercializing breakthrough

See full press release

Posted-In: Earnings News Guidance Contracts Management

 

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