8. To
participate in the call, please dial 773-799-3828 and refer to pass code
"Genzyme." A replay of this call will be available by dialing 402-998-1342.
This call will also be Webcast live on the investor events section of
http://www.genzyme.com. Replays of the call and the Webcast will be available
until midnight on October 29, 2008.
Genzyme's press releases and other company information are available at
http://www.genzyme.com and by calling Genzyme's investor information line at
1-800- 905-4369 within the United States or 1-678-999-4572 outside the
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GENZYME CORPORATION (GENZ)
Consolidated Statements of Operations
(Unaudited, amounts in thousands, except per share amounts)
Three Months Ended Six Months Ended
June 30, June 30,
2008 2007 2008 2007
Total revenues $1,171,134 $933,419 $2,271,195 $1,816,602
Operating costs and expenses:
Cost of products and
services sold(1) 300,330 217,598 572,643 420,061
Selling, general and
administrative(1,2) 347,305 339,480 665,691 608,501
Research and development
(1,3,4) 381,861 198,442 644,658 364,562
Amortization of intangibles 55,605 49,465 111,263 99,482
Total operating costs and
expenses 1,085,101 804,985 1,994,255 1,492,606
Operating income 86,033 128,434 276,940 323,996
Other income (expenses):
Equity in income of equity
method investments - 5,945 188 11,557
Minority interest 563 15 1,026
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SOURCE Genzyme Corporation Copyright©2008 PR Newswire. All rights reserved | |
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