Sanofi makes approach to Genzyme
Health / Medicine Related News
The French pharmaceuticals group has made a preliminary approach to the US biotech company that has built its business on high-price drugs used to treat rare conditions
Source: FT.com - Pharmaceuticals
Analysis: Sanofi lets Genzyme's biotech culture call the shots
Biotechnology News
PARIS (Reuters) - When Sanofi boss Chris Viehbacher first met staff at Genzyme, the U.S. biotech he had just acquired after a long takeover battle, he told them he did not want "planeloads of people coming from Paris over here to kind of Sanofize Genzyme". More than one year later, the German-Canadian, who is Sanofi's first non-French boss, has kept his promise: it is Genzyme's free-spirited culture and innovative edge that is holding sway at the French drug giant. Genzyme executives now run the company's U.S. ...
Source: BioTech News Headlines - Yahoo! News