10-Q
MEDICINES CO /DE filed this form 10-Q on 15 May 2002
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        NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                                   (unaudited)

for all business combinations initiated after June 30, 2001. The adoption of
SFAS No. 142 is required for fiscal years beginning after December 15, 2001,
except for the nonamortization and amortization provision, which are required
for goodwill and intangible assets acquired after June 30, 2001. The Company
adopted this new standard and it did not have a material impact on the Company's
financial condition or results of operations.

In August 2001, the FASB issued SFAS No.143, "Accounting for Asset Retirement
Obligations". The standard requires entities to record the fair value of a
liability for an asset retirement obligation in the period in which it is
incurred. When the liability is initially recorded, the entity capitalizes a
cost by increasing the carrying amount of the related long-lived asset. Over
time, the liability is accreted to its present value each period, and the
capitalized cost is depreciated over the useful life of the related asset. Upon
settlement of the liability, an entity either settles the obligation for its
recorded amount or incurs a gain or loss upon settlement. The standard is
effective for fiscal years beginning after June 15, 2002, with earlier
application encouraged. The Company adopted this new standard and it did not
have a material impact on the Company's financial condition or results of
operations.

In October 2001, the FASB issued SFAS No. 144, "Accounting for the Impairment or
Disposal of Long-lived Assets." SFAS No. 144 supersedes SFAS No. 121,
"Accounting for the Impairment of Long-lived Assets and for Long-lived Assets to
be Disposed of", and certain provisions of Accounting Principles Board (APB)
Opinion No. 30, "Reporting the Results of Operations - Reporting the Effects of
Disposal of a Segment of a Business, Extraordinary, Unusual and Infrequent
Occurring Events and Transactions." SFAS No. 144 requires that one accounting
model be used for long-lived assets to be disposed of by sale, whether
previously held and used or newly acquired, and it broadens the presentation of
discontinued operations to include more disposal transactions. The standard is
effective for financial statements issued for fiscal years beginning after
December 15, 2001, and interim periods within those fiscal years, with early
adoption permitted. The Company adopted this new standard and it did not have a
material impact on the Company's financial condition or results of operations.

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