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Biotech / Medical : GZTC

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To: biowa who wrote (333)6/20/1997 9:37:00 AM
From: Steve Push   of 752
 
<<Noticed today's press release on the PharmaGenics deal being approved makes no mention of GZTC, just lots of references to Tissue Repair and the to-be-created Molecular Oncology. Is this some sort of hint?>>

No, it's not a hint. GZTC is a minority-owned subsidiary of Genzyme Corp. Genzyme General, Tissue Repair, and Molecular Oncology are all divisions of Genzyme Corp. -- collectively, they ARE Genzyme Corp. There is no reason to mention GZTC in a Genzyme Corp. press release unless we are talking about AT-III (which Genzyme Corp. will co-market) or Genzyme Corp.'s share in the earnings or losses of GZTC.

Steve Push
Genzyme Corp.
genzyme.com
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