Fabrazyme

Sanofi's Genzyme wins approval for Framingham site

PARIS (Reuters) - Sanofi's unit Genzyme said on Tuesday it had won U.S. regulatory approval for its Framingham, U.S.-based plant that will produce Fabrazyme, aiming to get patients back on their required dosages of the rare disease drug worldwide this year.
 

Sanofi CEO says drug industry undervalued

NEW YORK (Reuters) - Sanofi SA's <SASY.PA> chief executive has already put his company's patent expiration woes in the rear view mirror and believes that the French drugmaker and the pharmaceutical industry are undervalued.
 

Shire CEO sees diabetes surge buoying Dermagraft

NEW YORK (Reuters) - Shire Plc <SHP.L> sees a strong market for its recently acquired Dermagraft skin substitute due to surging rates of diabetes that can cause foot ulcers in a significant number of patients, according to its chief executive.
 

Sanofi ups EPS but Genzyme seen missing milestone

PARIS (Reuters) - French drugmaker Sanofi <SASY.PA> raised its earnings forecast for 2011 now that Genzyme is part of its business, but said the U.S. biotech would likely miss its first milestone fee due to supply constraints of one of its key drugs.
 

Sanofi wins control of Genzyme, CVRs fetch $2.35

PARIS/LONDON (Reuters) - Certificates used by Sanofi-Aventis SA to win Genzyme Corp started trading at a steep discount to their best-case value on Monday after the French drugmaker gained control of the biotech group.
 

Sanofi wins control of Genzyme, CVRs fetch $2.35

PARIS/LONDON (Reuters) - Certificates used by Sanofi-Aventis SA to win Genzyme Corp started trading at a steep discount to their best-case value on Monday after the French drugmaker gained control of the biotech group.
 

Genzyme meets first consent decree deadline

BOSTON (Reuters) - Genzyme Corp <GENZ.O> has met the first in a series of deadlines imposed by U.S. regulators for fixing problems at its Boston plant, a milestone that could bolster the biotech company's argument that it is worth more than the $18.5 billion being offered by French drugmaker Sanofi-Aventis SA <SASY.PA>.
 

Genzyme makes case for demanding higher Sanofi bid

NEW YORK (Reuters) - Genzyme Corp made its case for why it is worth more than Sanofi-Aventis's $18.5 billion offer, forecasting 2011 profit above Wall Street estimates and sales of $3 billion for its experimental multiple sclerosis drug.
 

Genzyme profit up, Cerezyme sales nearly double

BOSTON (Reuters) - Genzyme Corp <GENZ.O>, which is fending off a hostile bid from French drugmaker Sanofi-Aventis SA <SASY.PA>, said third-quarter earnings quadrupled as it increased shipments of its biggest-selling drug.
 

Sanofi-Aventis launches Genzyme takeover battle

Sanofi-Aventis goes hostile with $69/share offer for US biotech company Genzyme. France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover attempt for Genzyme Corp., escalating the battle after the U.S. biotech company's management twice rejected its offer.
 

Sanofi-Aventis launches Genzyme takeover battle

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover attempt for Genzyme Corp., escalating the battle after the U.S. biotech company's management twice rejected its offer.
 

Sanofi-Aventis launches Genzyme takeover battle

Sanofi-Aventis goes hostile with $69/share offer for US biotech company Genzyme. France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders.
 

Sanofi CEO sees reasonable chance of Genzyme deal

PARIS (Reuters) - Sanofi-Aventis <SASY.PA> sees a reasonable chance of buying U.S. biotech Genzyme <GENZ.O> at a fair price, but expects it will take some time to agree a deal that would further diversify the French drugmaker and strengthen its U.S. foothold.
 

Sanofi-Aventis sticking to first offer for Genzyme

Sanofi-Aventis sticking to $69-a-share offer for Genzyme, as Sanofi CEO courts shareholders. French drugmaker Sanofi-Aventis SA is sticking to its original offer of $69 a share to buy U.S. biotech company Genzyme Corp., a Sanofi spokesman said Thursday.
 

Sanofi-Aventis sticking to first offer for Genzyme

French drugmaker Sanofi-Aventis SA is sticking to its original offer of $69 a share to buy U.S. biotech company Genzyme Corp., a Sanofi spokesman said Thursday.
 

Genzyme CEO open to sale, not at $69 a share

BOSTON (Reuters) - Genzyme Corp <GENZ.O> Chief Executive Henri Termeer said he is willing to sell the company he built up over 25 years, but not for $69 a share.
 

Genzyme rejects Sanofi offer as long battle looms

PARIS/BOSTON (Reuters) - Biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.
 

Genzyme rejects Sanofi-Aventis offer

Genzyme rejects Sanofi-Aventis' $18.5 billion buyout offer, terms bid 'opportunistic'. Biotechnology company Genzyme Corp. said Monday it rejected Sanofi-Aventis SA's $18.5 billion buyout offer because it undervalues the company.
 

Genzyme rejects Sanofi-Aventis offer

Biotechnology company Genzyme Corp. said Monday it rejected Sanofi-Aventis SA's $18.5 billion buyout offer because it undervalues the company.
 

Genzyme rejects Sanofi offer as long battle looms

PARIS/BOSTON (Reuters) - Biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.