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PublicNASDAQ:GENZ
Raised
Post IPO Valuation
Acquired bySanofi Aventis
Price$20B
Date2/11
TermsCash

General Information

Websitegenzyme.com
CategoryBioTech
Phone617-252-7500
Employees

Offices

Cambridge, USA
500 Kendall Street
Cambridge, MA, 02142
USA

People

Former People

Chairman of the Board, President
Founder / Chairman / CEO
Senior Vice President, Business Excellence

Tags

Genzyme

Genzyme Corporation (Genzyme) is a biotechnology company. The Company’s product and service portfolio is focused on rare genetic disease disorders, renal diseases, orthopaedics, cancer, transplant and immune disease. Genzyme operates in four business segments: Genetic Diseases, Cardiometabolic and Renal, Biosurgery and Hematologic Oncology. Genetic Diseases unit develops, manufactures and distributes therapeutic products, with a focus on products to treat patients suffering from genetic diseases, including a family of diseases known as lysosomal storage disorders (LSDs). Cardiometabolic and Renal segment develops, manufactures and distributes products that treat patients suffering from renal diseases, including chronic renal failure and endocrine and cardiovascular diseases. Biosurgery develops, manufactures and distributes biotherapeutics and biomaterial-based products. Hematologic Oncology develops, manufactures and distributes products for the treatment of cancer.

Recent Milestones

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    Genzyme — Outgoing Genzyme Corp. chairman, CEO and president Henri A. Termeer has been appointed to the board of directors for Aveo Pharmaceuticals (4/12/11)
    Posted 4/12/11 at 7:38am via masshightech.com
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    Genzyme — Genzyme backs science fair with $50,000 (3/14/11)
    Posted 3/14/11 at 6:09pm via masshightech.com
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    Genzyme — made a $50,000 grant to support science fair programs in Massachusetts (3/14/11)
    Posted 3/15/11 at 7:36am via masshightech.com
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    Genzyme — CEO Henri Termeer could get more than $200 million from the sale of his company to French drugmaker Sanofi-aventis SA (3/8/11)
    Posted 3/8/11 at 8:27am via masshightech.com
  • Check
    Genzyme — completed the divestiture of its pharmaceutical intermediates business to International Chemical Investors Group (ICIG) (3/1/11)
    Posted 3/2/11 at 5:10am via masshightech.com
  • Handshake
    Genzyme was acquired by Sanofi Aventis for $20B. (2/16/11)
    Posted 2/16/11 at 8:40pm via masshightech.com
  • Check
    Genzyme — officially announced the long-awaited approval of its sale to French pharmaceutical giant sanofi-aventis for approximately $20 billion in cash, well above sanofi’s initial offer of approximately $18.5 billion (2/16/11)
    Posted 2/16/11 at 8:44am via masshightech.com
  • Check
    Genzyme — Genzyme closes $265M unit sale, plans another divestiture (2/1/11)
    Posted 2/1/11 at 5:29pm via masshightech.com
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    Genzyme — Genzyme voluntarily repays $6M in MLSC incentives (1/25/11)
    Posted 1/25/11 at 9:41pm via masshightech.com
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    Genzyme added Anne Merrifield as Senior Vice President, Business Excellence. (1/1/09)
    Posted 5/1/13 at 12:47am
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    Genzyme added Sheridan Snyder as Founder / Chairman / CEO. (1/1/81)
    Posted 4/25/13 at 9:29pm
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    Genzyme added David Meeker as CEO.
    Posted 10/24/11 at 5:08pm
  • Check
    Genzyme added Henri A. Termeer as Chairman of the Board, President.
    Posted 1/25/11 at 9:38pm
  • Stock
    Went public with stock symbol NASDAQ:GENZ.
    Posted 1/25/11 at 9:40pm

Videos

Screenshots

Stock Price

Sources

  1. Sanofi paying $20B - and then some - for Genzyme (masshightech.com) [edit]
  2. Genzyme voluntarily repays $6M in MLSC incentives (masshightech.com) [edit]
    Genzyme closes $265M unit sale, plans another divestiture (masshightech.com) [edit]
    Sanofi paying $20B - and then some - for Genzyme (masshightech.com) [edit]
    Genzyme completes pharmaceutical unit sale (masshightech.com) [edit]
    Genzyme CEO Termeer may net $200M payout (masshightech.com) [edit]
    Genzyme backs science fair with $50,000 (masshightech.com) [edit]
    Genzyme backs science fair with $50,000 (masshightech.com) [edit]
    Genzyme CEO Termeer joins Aveo board (masshightech.com) [edit]
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Last Edited 5/1/13

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