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RBC keeps Medicines Co. at sector perform
The Medicines Co. was maintained at a sector perform, above average risk, by RBC Capital Markets analyst Jason Kantor as an ongoing barrage of subgroup analyses of Acuity confirms the efficacy of Angiomax and turns up the pressure on its main competitors, the GP 2b/3a inhibitors. A lack of significant new competitive data favors The Medicines Co., according to the analyst. RBC expects the company to announce U.S. sales of $54 million and earnings per share of $0.15. Shares of the Parsippany, N.J.-based pharmaceutical company were down 28 cents, or 1.18%, at $23.45. (Nasdaq: MDCO)
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