7/25/2007 11:51:50 AM
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Advanced Magnetics, Inc. (NASDAQ: AMAG) today announced that it has changed its company name to AMAG Pharmaceuticals, Inc. The Company’s trading symbol will remain unchanged on the NASDAQ Global Market.
“Our new name recognizes the rich history of the Company while capturing the exciting opportunities that lie ahead of us,” stated Brian J.G. Pereira, MD, President and CEO of AMAG Pharmaceuticals, Inc. “The Company has undergone significant evolution, and our new name reflects these developments while recognizing our long-standing business presence. These developments include expanding our management team, continuing to advance ferumoxytol toward market approval and transitioning to a commercial biopharmaceutical company.”
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