Genzyme Financing History
Financial Analysis
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Genzyme was formed in 1988 when Dr. official website Craig Cohen, Dr. Howard Ivy, and Dr. Stephen Aubry decided that they wanted to create a company to take on the massive marketing of recombinant therapeutics. In 1990, the company was awarded its first regulatory approval for a compound, Genzyme-1, to treat congenital muscular dystrophy. Genzyme Financing History (2019) Today Genzyme is one of
PESTEL Analysis
Genzyme Financing History Genzyme Corporation is a biotechnology company that specializes in the development, manufacture, and distribution of medical products in the areas of genomics, immunology, and hematology. It is committed to developing innovative therapies for the treatment of rare diseases that have an inadequate treatment options and are cost-prohibitive for patients. The company’s primary strategy is to build its intellectual property portfolio and generate a steady flow of innovative compounds that could be licensed to
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BCG Matrix Analysis
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Porters Model Analysis
Genzyme was founded in 1981 as a subsidiary of General Electric, but by 1999, it was a wholly-owned subsidiary of Pfizer, Inc. The initial founding investors included Honeywell and Pfizer, Inc. Genzyme is a San-Francisco based medical-device manufacturer with 7000 employees and $200 million annual sales. Its most notable product is Genzyme’s treatment for neurodegenerative disease, Renin-angiotensin-
Case Study Analysis
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