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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS

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To: Vector1 who wrote (281)7/13/1998 8:16:00 PM
From: Caveat Emptor  Read Replies (1) of 410
 
Further Information-Insider Shift and General Partnership

It is important that we understand the breakdown of this partnership/Venture Funding unit of Genzyme. This recent shift of partnership units may have profited the General Partners.
The General Partners are Executives of the Company.

Genzyme Development PArtners, LP
Organized October 16, 1989 - MA
Agent: Peter Wirth, Esq. - As Secretary of GP

Directors and Officers of GDP, LP
* Henri Termeer - President and Director since 1989

* Peter N. Reikes - Director since 1996
Reikes is Managing Director of the Health Care Group within the Investment Banking Division of Paine Webber (since 1985)
(Appointed to board by PW R+D Partners 11)

* W. Gerald Austien, MD - Appointed to Board - 1990
Appointed by PW R+D Partners 11

David J. McLachlan - Director since 1990
Earl M. Collier, Jr - Director since 1997

Comments or questions? I would welcome a discussion on this issue.

Thanx

CAVEAT EMPTOR
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