Genzyme Reports Financial Results for the Second Quarter of 2010

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Genzyme Reports Financial Results for the Second Quarter of 2010

businesswire.com

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Genzyme Corp. (NASDAQ: GENZ) today reported that second-quarter revenue was $1.08 billion, compared with $1.23 billion in the same period last year, reflecting limited shipments of Cerezyme® (imiglucerase for injection) and Fabrazyme® (agalsidase beta) due to product supply constraints in 2010. The company expects to be able to increase shipments of Cerezyme and Fabrazyme during the second half of the year. GAAP net income was $23,000, or $0.00 per dilu

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Tags: Gaucher Disease Medication, Cerezyme, Genzyme

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