In Vivo is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Weak Angiomax sales hit Medicines Company Q1 expectations

This article was originally published in Scrip

Executive Summary

The Medicines Company is expecting weak first quarter total net revenues thanks to lower sales of Angiomax (bivalirudin), says the firm. It now expects net revenues for the anticoagulant of between $97m and $105m, down from $155.7m in the first quarter of 2014. Total net revenues are likely to reach between $125m and $130m, which marks a 26-29% drop on last year's first quarter revenues of $177.2m. The firm blames the decline on uncertainty over Angiomax's patent exclusivity in the US past June 2015 when a final decision on Hospira's patent challenge is expected. Analysts at Jefferies have reduced their price target for the firm from $27 to $26. Final first quarter results will be released in May.



Related Companies




Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts