
Genzyme a subir 17%
Sanofi-Aventis Circles Genzyme for Potential Deal
France's Sanofi-Aventis SA has made an informal acquisition approach to biotechnology drug maker Genzyme Corp, people familiar with the matter said, continuing a trend of big drug makers consolidating smaller biotech firms.
The two sides have begun sounding out each other's interest in a deal before entering into formal talks and a completed transaction is far away, these people cautioned. Sanofi and Genzyme declined to comment.
Genzyme shares surged Friday, climbing $10.19, or nearly 19%, to $64.36 in late afternoon trading on the Nasdaq Stock Market. Sanofi shares slipped $1.42, or 4.6%, to $29.22 on the New York Stock Exchange.
http://online.wsj.com/article/SB1000142 ... d=yahoo_hs

Sanofi-Aventis Circles Genzyme for Potential Deal
France's Sanofi-Aventis SA has made an informal acquisition approach to biotechnology drug maker Genzyme Corp, people familiar with the matter said, continuing a trend of big drug makers consolidating smaller biotech firms.
The two sides have begun sounding out each other's interest in a deal before entering into formal talks and a completed transaction is far away, these people cautioned. Sanofi and Genzyme declined to comment.
Genzyme shares surged Friday, climbing $10.19, or nearly 19%, to $64.36 in late afternoon trading on the Nasdaq Stock Market. Sanofi shares slipped $1.42, or 4.6%, to $29.22 on the New York Stock Exchange.
http://online.wsj.com/article/SB1000142 ... d=yahoo_hs