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Wednesday, April 7, 2010 as of 11:14 AM ET

Genzyme

Genzyme Corporation is a fully owned subsidiary of Sanofi. Before its acquisition in 2011, Genzyme was an American biotechnology company based in Cambridge, Massachusetts.

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FDA Approves Protalix, Pfizer Drug To Treat Gaucher Disease

The U.

S. Food and Drug Administration on Tuesday approved a new treatment developed by Protalix BioTherapeutics Inc. (PLX, PLX.TV) for adults with a type of Gaucher disease, a rare genetic disorder.The treatment, taliglucerase alfa, will be sold in the U.S. under the brand name Elelyso by Pfizer Inc. (PFE).Pfizer also will sell the drug in most places outside the U.S. The drug, which is the first plant-derived cell-based enzyme replacement, replaces an enzyme called glucocerebrosidase in people with type 1 Gaucher disease. Elelyso is produced using genetically engineered carrot cells.People with Gaucher disease lack glucocerebrosidase, which causes an accumulation of a fatty substance inside cells. The fatty accumulation can lead to enlargement and malfunctioning of the liver, spleen, bone marrow and occasionally, the lung, kidney, and intestine. About 6,000 people in the U.S. have type 1 Gaucher disease, according to the FDA.Pfizer and Protalix have already been making Elelyso availab...

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  1. Sanofi Unit Recalls One Lot Of Fludara On Sterility Concerns

    Sanofi's (SNY) Genzyme unit has recalled one batch of leukemia drug Fludara due to concerns about its sterility--the latest in a series of supply and quality issues ...

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    U.K. drug maker Shire PLC (SHP.LN) Thursday beat forecasts with a 47% rise in fourth-quarter earnings on robust sales and said 2012 would be another year of strong e...

  3. Sanofi Eyes Growth As Earnings Rise On Emerging Markets Boost

    Sanofi SA (SNY) Wednesday said it was well on track for a period of sustainable growth as the French drug maker reported a sharp rise in earnings, lifted by sales in...

  4. Sanofi Earnings Rise On Emerging Markets Boost

    PARIS -- Sanofi SA (SNY) Wednesday said it was well on track for a period of sustainable growth as the French drug maker reported a sharp rise in earnings, lifted by...

  5. Roche Hostile Illumina Offer Shows M&A Still Part Of Pharma Game

    DOW JONES NEWSWIRESRoche Holding AG's (ROG.VX) hostile $5.7 billion bid for Illumina Inc. of the U.S. is the latest sign of European drug companies looking for bolt-...

  6. Sanofi Says FDA Approves Genzyme's New Plant

    French drug maker Sanofi SA (SNY) on Tuesday said U.S. regulators have approved its Genzyme unit's new manufacturing plant in Framingham, Massachusetts, clearing a c...

  7. Sanofi: FDA OKs Genzyme Manufacturing Of Fabrazyme

    French pharmaceutical Sanofi SA (SAN.FR) Tuesday said the U.S. Food and Drug Administration , or FDA, authorized its unit Genzyme to manufacture its Fabrazyme drug i...

  8. EARNINGS PREVIEW: New Drugs, FX Key For Europe Pharma Earnings

    TAKING THE PULSE: European pharmaceutical companies are expected to give mixed performances when announcing fourth-quarter results this month and next, with some mor...

  9. Shire CEO sees diabetes surge buoying Dermagraft

    By Ransdell Pierson and Lewis KrauskopfNEW YORK (Reuters) - Shire Plc <SHP.L> sees a strong market for its recently acquired Dermagraft skin substitute due to surgin...

  10. Sanofi ups EPS but Genzyme seen missing milestone

    By Caroline JacobsPARIS (Reuters) - French drugmaker Sanofi <SASY.PA> raised its earnings forecast for 2011 now that Genzyme is part of its business, but said the U....

  11. Analysis: After 34 years, Forest's CEO takes stand

    By Lewis KrauskopfNEW YORK (Reuters) - Forest Laboratories Inc <FRX.N> chief Howard Solomon will likely have to cede some control over the drugmaker he has stewarded...

  12. Icahn aims at longtime Forest CEO in shake-up bid

    By Lewis KrauskopfNEW YORK (Reuters) - Billionaire investor Carl Icahn is taking aim at Forest Laboratories Inc's <FRX.N> longtime chief executive officer as he seek...

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