MDCO - Here's Why The Medicines Company Stock Soared Again on Tuesday
Shares of The Medicines Company (NASDAQ: MDCO), a biopharmaceutical company focused on lowering cholesterol, are on the move again following yesterday's presentation of the Orion-11 trial results. Healthcare-minded investors pleased with the details drove the stock 10.4% higher on Tuesday.
Last week, The Medicines Company stock jumped after the company announced positive results from Orion-11, the first of three pivotal studies with inclisiran that the company will present before the end of 2019. The Medicines Company kept a lid on the details until yesterday's presentation at the European Society of Cardiology's annual meeting, and investors are happy with what they saw.
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