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  September 5, 2001
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Home > Company Index > Drugs > Biotechnology-Medicine > The Medicines Company

The Medicines Company
Nasdaq: MDCO
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 PROFILE
The Medicines Company is like the football player who takes over at the five yard line and scores the winning touchdown. It acquires and wins approval for drugs in late stages of development. The FDA has approved flagship drug Angiomax, an anticoagulant acquired from Biogen and touted as an alternative to Heparin to treat balloon angioplasty patients; Angiomax is approved for the same use in New Zealand. The firm is investigating further cardiovascular applications for the drug. Other drugs in development include CTV-05, which may treat gynecological and reproductive infections, and IS-159, a potential treatment for migraine headaches. Investment firm Warburg Pincus owns 30% of the company; Biotech Growth owns 20%.

 COMPETITION
Aventis (AVE)
Bristol-Myers Squibb Company (BMY)
Pharmacia Corporation (PHA)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: 0.0%
Employees: 74
Revenue per employee: $1,351.35

 KEY PEOPLE
• Clive A. Meanwell
    CEO
• Peyton J. Marshall
    CFO

 CONTACT INFO
1 Cambridge Center
Cambridge, MA 02142
US
Phone: 617-225-9099
Fax: 617-225-2397
Online: Web Site

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