BioCentury

7:00 AM GMT, Aug 11, 2003
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Strategy

Thymoglobulin isn't a Renagel replay

When one company buys another company with a marketed product, it's frequently safe to conclude that the purchase is being done for that product alone - no matter what the purchaser says about synergies, pipelines or strategic fit. But then there are the exceptions.
Genzyme Corp. says last week's deal to acquire SangStat Medical Corp. for $600 million in cash is not being done for SANG's marketed Thymoglobulin transplant product, although GENZ does believe that it can ramp sales faster than SANG could. Instead, the purchase is part

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This article and the information contained in BioCentury's publications and services are solely for your own personal, non-transferable licensed use and cannot be shared with any other individuals. For information about adding subscribers to your account or obtaining article reprints, please contact support@biocentury.com.