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The Medicines Company

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The Medicines Co. has two potential blockbusters, Inclisiran and Carbavance, in different stages of development. Moreover, divestment of non-core assets to drive shareholder value is encouraging. We are also optimistic about the company’s acquisitions and in-licensing agreements to grow its pipeline. Moreover, the company’s shares have outperformed the industry in the last one year. However, the company is facing generic competition for its flagship product, Angiomax. With Angiomax sales eroding due to the presence of generics, the company’s ability to successfully develop and bring new products to the market is important for growth. Therefore, any regulatory setbacks would weigh heavily on the stock. Estimates have been stable lately ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters.

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