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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS -- Ignore unavailable to you. Want to Upgrade?


To: Vector1 who wrote (281)7/13/1998 7:59:00 PM
From: Caveat Emptor  Respond to of 410
 
Recent Insider Shift Information.

Recent 13D filing of Paine Webber R+D Partners 11. Transfer of ownership of partnership interest to BIOROYALTIES LLC

Research has found that Paine Webber R+D Partners 11 has been a significant stockholder and Investment Service of Genzyme since 1989.

to review 13D
sec.gov
click into Edgar
type - BIOROYALTIES at prompt

Research this transaction, as well as previously filed 10K of Paine Webber R+D 11 for background of Genzyme Ownership.

Any comments on this? More information to follow.

CAVEAT EMPTOR



To: Vector1 who wrote (281)7/13/1998 8:16:00 PM
From: Caveat Emptor  Read Replies (1) | Respond to 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



To: Vector1 who wrote (281)7/16/1998 10:30:00 AM
From: Caveat Emptor  Read Replies (3) | Respond to of 410
 
Who is Geoff Cox + Greg Phelps?-Insiders took major profit

Information taken from the Insider Trading Report - Yahoo FInance 7/14/98

GEOFFREY COX - Between 9/3/97 - 1/2/98
Sold close to 145,000 Shares of Genzyme Common Stock (no including options) - Total Value- CLose to $4.2 Million!!

GREGORY PHELPS - Between 7/29-7/30/97
Sold close to 175,000 shares of common stock (not including options)
Total Value - close to 4.6 Million!!!!

Who are these two guys? I cannot find them on filings as recent officers/directors of Genzyme. Are they retired? Are they with one of the Subsidiaries?

Whoever they are... they just did quite nicely..

Any comments?

CAVEAT EMPTOR