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Fibrocaps Hits Ph III Endpoints, Medicines Acquires Profibrix

By Nuala Moran
Staff Writer

Tuesday, August 6, 2013
LONDON – Profibrix NV announced positive results in the Phase III clinical trial of Fibrocaps in promoting blood clotting during surgery, triggering the company's acquisition under a pre-arranged deal in which The Medicines Co. has purchased all the outstanding equity for $90 million and will pay up to $140 million on U.S. and European regulatory and sales milestones.

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