Brought to you by 
Genzyme acquires SangStat Medical for $596mm
22 Sep 2003
Executive Summary
In a deal that will significantly add to its portfolio of immune-mediated drugs and drug candidates, Genzyme Corp. is acquiring SangStat Medical (develops, sells treatments for autoimmune disorders, immunosuppression, hematology, and cancer) for $596mm in cash, or $22.50 per share (a 51% premium to the market average).
Deal Industry
- Pharmaceuticals
-
Biotechnology
-
Large Molecule
- Antibodies
-
Large Molecule
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Intra-Biotech Deal
- Payment Includes Cash
Already a Biomedtracker subscriber?
You have access to the full deal record through your subscription
Want to become a subscriber?
Subscribers get more deal details, updates, deal financials and deal products.
Questions?
Questions?
Please contact Sales at: (212) 520-2765 or email PharmaNewsSales@informa.com