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(Anti-thymocyte Globulin [Rabbit]) and Lymphoglobuline(R) (Anti-
thymocyte Globulin [Equine]) rose 11 percent to $43.7 million from
$39.4 million. Worldwide demand for Thymoglobulin remains strong. The
product's growth over the past several quarters has been hindered by
supply constraints caused by a manufacturing issue during 2007 that
affected product appearance in some lots. Genzyme instituted a
procedure at its French manufacturing plant at the end of last year
that resolved this manufacturing issue. The company continues to
monitor Thymoglobulin lots produced last year and, if necessary, will
recall any lots that are expected to go out of specification prior to
the originally established expiry period. Genzyme expects
Thymoglobulin sales to accelerate in the second-half of this year as
supply levels increase to meet full demand for the product.
-- Within the Biosurgery business, sales of Synvisc(R) (hylan G-F 20) and
Synvisc-ONE(TM) (hylan G-F 20) rose to $56.1 million from $53.6
million, an increase of 5 percent. Synvisc-One received CE Mark
approval in the European Union in December, and Genzyme is preparing to
introduce the product into the marketplace, where it will be the only
treatment of its kind to provide six months of pain relief with a
single injection. The company has already launched the product in the
United Kingdom, Germany and Italy. Genzyme will pursue marketing
approvals for Synvisc-One in Canada, Asia and Latin America based on
the European CE mark approval, and FDA action on a marketing
application in the United States is expected later this year. By
simplifying osteoarthritis pain management and thereby reaching a
broader set of patients, Synvisc-ONE is expected to drive the
significant growth
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| SOURCE Genzyme Corp. Copyright©2008 PR Newswire. All rights reserved |