THE MEDICINES COMPANY SHAREHOLDERS NOTICE: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Certain Officers and Directors of The Medicines Company

13 Feb 2014

Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating whether the board of directors of The Medicines Company (NASDAQ:MDCO) breached its fiduciary duties to shareholders related to its management, communication and planning regarding cangrelor in light of an FDA published report.

On February 10, 2014 an investigator for the FDA wrote about cangrelor, a drug being developed by The Medicines Company. In the report, the investigator indicated that cangrelor should not be approved for patients who are undergoing an angioplasty, a procedure that is used to open narrowed or blocked coronary arteries. Additionally, the FDA investigator reported that the drug does not appear to work better than an older drug currently on the market. Finally, the report was concerned about the methods that were used in the study criticizing those methods as being unethical. The FDA reviewer noted that cangrelor should not be approved on that fact alone.

Since this news was announced, The Medicines Company’s shares have fallen more than 15% as of February 13, 2014 in mid-day trading. Our investigation concerns whether the Company’s board of directors has breached its fiduciary duties to shareholders in connection with the foregoing.

If you are a shareholder of The Medicines Company and would like additional information concerning your legal rights, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at (619) 230-0063.

Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.


Contacts

Johnson & Weaver, LLP
Jim Baker, 619-230-0063 Ext 118
jimb@johnsonandweaver.com

Contact Us

The Medicines Company
8 Sylvan Way
Parsippany, NJ 07054 USA
Tel 973 290 6000
Toll-free 800 388 1183
Global Medical Information

Human Resources
Verification of employment
Tel 973 290 6361
Fax 862 207 6361

Investors Relations

Krishna Gorti, MD
Tel 973 290 6122
krishna.gorti@themedco.com

Media Inquiries

Michael Blash
Tel 973 290 6100
michael.blash@themedco.com