AMAG Pharmaceuticals (AMAG)

[mlkrborn]

AMAG Pharma hires financial advisor as it explores all opportunities to enhance stockholder value (AMAG) 16.00 : Co announces that it has hired Jefferies & Company as a strategic advisor. Jefferies will assist the company in identifying and evaluating various strategies to enhance stockholder value and leverage AMAG's core assets - Feraheme Injection for Intravenous use, AMAG's commercial and drug development infrastructure, and the company's balance sheet, which had more than $250 million in cash and investments, and no debt, as of September 30, 2011.