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Stockwatch: an inauspicious start to earnings season

This article was originally published in Scrip

Executive Summary

The first-quarter 2015 earnings season actually started a couple of weeks ago with The Medicines Company's shock preannouncement that sales of its anticoagulant Angiomax (bivalirudin) would be about a share price-whopping third lower than expectations (, 10 April 2015). Hospital wholesalers had slowed their ordering of Angiomax ahead of an Appeal Court decision that could result in a generic bivalirudin being available in the US in a few months.


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