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Industry Center - Biotechnology
Industry Center > Biotechnology > Genzyme Corporation Company Profile
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Genzyme Corporation Company Profile
Genzyme makes big money off small-time diseases. The company's product portfolio focuses on rare genetic disorders as well as kidney disease, cancer, and biosurgery. One of its main products, Cerezyme, is a leading (and pricey) treatment for Gaucher's disease, a rare enzyme-deficiency condition. Founded in 1981, Genzyme also is involved in drug development and genetic testing and other services. In addition, the company develops gene-based cancer diagnosis and treatment products, renal care therapies, and orthopedic biological surgery products. Genzyme's products are sold to healthcare professionals in some 100 countries, primarily through wholesale distributors.
Headlines for Genzyme Corporation
[external] Shire moves to advance Gaucher drug
at bizjournals.com - Tue 2:05 pm ET
[external] Biotech Stocks: Shire climbs, Pfizer falls in early trading
at MarketWatch - Tue 10:24 am ET
Shire applies for Euro approval of Gaucher drug
at MarketWatch - Tue 8:50 am ET
Genzyme's Very Bad Year
at Seeking Alpha - Mon 4:32 pm ET
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Contact Information
Address: 500 Kendall St.
Cambridge, MA 02142
Phone:617-252-7500
Fax:617-252-7600
Financial Highlights
Fiscal Year End:December
Revenue (2008):4605.00 M
Revenue Growth (1 yr):20.80%
Employees (2008):11,000
Employee Growth (1 yr):10.00%
Key People
Chairman, President, and CEO: Henri A. Termeer
EVP Finance and CFO: Michael S. Wyzga
SVP Government Relations: Mary McGrane
Industry Information
Sector: Healthcare
Industry: Biotechnology
Top Competitors
Amicus Therapeutics, Inc. (fold)
Roche Holding Ltd (rhhby.pk)
Shire plc (shpgy)
 


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