The Medicines Company

The Medicines Company

Innovative therapies targeting cardiovascular disease using Nobel Prize-winning siRNA technology.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor investor investor investor investor investor investor investor

€0.0

round
N/A

€0.0

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N/A

€0.0

round
*

$9.7b

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD201520162017201820192020
Revenues000000000000000000000000
% growth---(86 %)--
EBITDA000000000000000000000000
% EBITDA margin--(627 %)(2833 %)--
Profit000000000000000000000000
% profit margin--(1609 %)(2050 %)--
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000
R&D % of revenue--288 %2163 %--

Source: Company filings or news article

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More about The Medicines Company
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The Medicines Company is a biopharmaceutical firm focused on developing groundbreaking therapies to combat cardiovascular diseases, particularly atherosclerosis, which is the buildup of fats, cholesterol, and other substances in and on the artery walls. The company operates primarily in the healthcare and pharmaceutical markets, serving patients with high levels of LDL cholesterol, commonly known as 'bad cholesterol.'

The core of their business model revolves around the ORION development program, which includes pivotal Phase 3 clinical trials to evaluate the efficacy and safety of their investigational therapies. These therapies are based on small interfering RNA (siRNA) technology, which has been recognized with a Nobel Prize. This innovative approach aims to halt the progression of atherosclerosis and reduce cardiovascular risk.

Revenue is generated through the development and commercialization of these therapies, with a significant milestone being the acquisition by Novartis AG for $9.7 billion. This acquisition underscores the value and potential impact of their therapeutic solutions.

The Medicines Company serves a global market, targeting healthcare providers, hospitals, and patients who are at risk of cardiovascular diseases. Their business strategy includes ongoing research and development, clinical trials, and partnerships with larger pharmaceutical companies to bring their therapies to market.

Keywords: biopharmaceutical, cardiovascular, atherosclerosis, LDL cholesterol, siRNA technology, ORION program, Phase 3 trials, Novartis acquisition, innovative therapies, healthcare.

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Investments by The Medicines Company

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Rempex Pharmaceuticals
ACQUISITION by The Medicines Company Dec 2013
Incline Therapeutics
ACQUISITION by The Medicines Company Dec 2012
ProFibrix
ACQUISITION by The Medicines Company Aug 2013
Tenaxis Medical
ACQUISITION by The Medicines Company Apr 2014
Targanta Therapeutics
ACQUISITION by The Medicines Company Jan 2009