August

Analysis of the Intellectual Property behind Sanofi-Aventis' proposed acquisition of Genzyme

This week’s Patently Obvious report focuses on the patent holdings of Genzyme Corporation (NASDAQ:GENZ). On August 30th French drug maker Sanofi-Aventis SA (NYSE:SNY) went public with their offer to acquire Genzyme. The offer, at $69 dollars a share for a $18.5 billion total price, was rejected by Genzyme.

Sanofi-Aventis will have to fully consider the potential liabilities associated with owning Genzyme's intellectual property before increasing their bid. Genzyme has faced a slew of troubles recently and the cracks run deeper than the surface.

ShareThis
Syndicate content