The Medicines Company Sells Infectious Disease Unit
Natasha Piper
Abstract
The Medicines Company has sold its infectious disease business, which it had built up in recent years with the acquisitions of Targanta Therapeutics and Rempex, to Melinta Therapeutics for US$270 M. The company has been undergoing a strategic restructuring exercise involving the divestiture of non-core areas leaving itself with a single marketed product. It is also focusing its efforts on developing inclisiran, which is in Phase III development for the treatment of hypercholesterolemia.
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