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Will Novartis Acquire Parsippany-based The Medicines Company?

By John F. Heerdink, Jr.

Reportedly, Novartis AG is in talks to acquire Parsippany, New Jersey-based The Medicines Company (MDCO) a developer of a promising cholesterol drug, as per sources. Other potential acquirers have also shown interest in the purchase of Medicines, tripling the value of its shares recently this year and raising its market value to about $5.562 billion today.

Novartis Chief Executive Officer Vas Narasimhan has been working to sharpen the company’s deals on innovative drugs like cancer and other rare diseases. Medicines Co.’s drug Inclisiran cleared a major block this summer delivering durable and impressive results in lowering patients’ cholesterol. The drug is expected to be submitted to regulators in the U.S. this year in the first quarter of 2020 in Europe.


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Medicines Co. Is Said to Attract Suitors Including Novartis in Bloomberg)


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