Now that Biogen Idec is in play [1], the analysts are on the lookout for the next big acquisition target. Bear Stearns' Mark Schoenebaum has looked over the field and puts Genzyme and Amgen on the top of the list of likely Big Pharma targets--and Amgen probably won't want to play the buyout game until late-stage d-mab data has arrived next year. That leaves Genzyme [2], according to the smart money. And that's why the company's stock is on the rise. Does anyone at Genzyme feel that a big target has been taped to the company's front door?
- read the report [3] from BusinessWeek
- and this FiercePharma article [4] on a possible Pfizer buyout
ALSO: Genzyme says that a mid-stage trial of Campath shows that it's better at treating MS than Merck's Rebif. Release [5]
Related Articles:
Should Pharma take the M&A cure? Report [6]
Boston officials herald big Genzyme expansion. Report [2]
Genzyme reports successful late-stage stem cell study. Report [7]
Genzyme wins bidding war for AnorMED. Report [8]
Genzyme to pursue rare hostile biotech bid. Report [9]
Read more on: Genzyme [10] | Biogen Idec [11] | Amgen [12]
Links:
[1] http://www.fiercebiotech.com/story/biogen-idec-play-after-icahn-makes-his-move/2007-10-15
[2] http://www.fiercebiotech.com/story/boston-officials-herald-big-genzyme-expansion/2007-09-18
[3] http://www.businessweek.com/investor/content/oct2007/pi20071015_596809.htm?chan=top+news_top+news+index_investing
[4] http://www.fiercepharma.com/story/who-should-pfizer-buy/2007-10-16
[5] http://www.fiercebiotech.com/press-releases/press-release-three-year-analysis-demonstrates-significant-treatment-effect-alemtuzum
[6] http://www.fiercepharma.com/story/should-pharma-take-m-cure/2007-10-01
[7] http://www.fiercebiotech.com/story/genzyme-reports-successful-late-stage-stem-cell-study/2007-07-19
[8] http://www.fiercebiotech.com/story/genzyme-wins-bidding-war-for-anormed/2006-10-17
[9] http://www.fiercebiotech.com/story/genzyme-to-pursue-rare-hostile-biotech-bid/2006-08-31
[10] http://www.fiercebiotech.com/tags/genzyme
[11] http://www.fiercebiotech.com/tags/biogen-idec
[12] http://www.fiercebiotech.com/tags/amgen