Navigation Links
Genzyme Reports Strong Second-Quarter Growth

) (28,677) (31,455)

Total pre-tax charges

for stock-based

compensation expense (54,307) (61,256) (96,295) (101,963)

Tax benefit 16,834 18,703 29,371 31,135

Stock-based compensation

expense, net of tax $(37,473) $(42,553) $(66,924) $(70,828)

Diluted earnings per share and diluted weighted average shares

outstanding for the three and six months ended June 30, 2008 and 2007

were computed according to the provisions of FAS 123R.

(2) Includes a pre-tax charge of $(64,000)K recorded in June 2007

to settle the litigation related to the consolidation of our former

tracking stocks.

(3) For the three and six months ended June 30, 2007, includes a pre-tax

charge of $(25,000)K for an upfront milestone payment paid to Ceregene

Inc. in June 2007 for the development and commercialization of certain

gene therapy products.

(4) For the three and six months ended June 30, 2008, includes a pre-tax

charge of $(175,000)K for a license fee paid to Isis Pharmaceuticals,

Inc. ("Isis") in June for the exclusive worldwide rights of

mipomersen. For the six months ended June 30, 2008, also includes a

pre-tax charge of $(69,900)K representing the premium paid to purchase

five million shares of Isis common stock in February 2008.

(5) For the six months ended June 30, 2007, includes a pre-tax gain of

$10,848K recorded on the sale of our entire investment in the common

stock of Therapeutic Human Polyclonals Inc. in March 2007, which had a

zero cost basis.

(6) For the three and six months ended June 30, 2008, includes a net

pre-tax gain of $9,015K recorded in the second quarter of 2008,

consisting of a pre-tax gain of $10,304K resulting from the


SOURCE Genzyme Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related biology technology :

1. Novel Angiogenic Drugs, Including a Future Blockbuster from Genzyme, Could Revolutionize Treatment of Peripheral Arterial Disease
2. Genzyme Begins Major Expansion of Boston Manufacturing Facility
3. Genzyme Affirms Purchase Price for Bioenvision at $5.60 Per Outstanding Share
4. Genzyme Receives Approval to Market Elaprase(R) in Japan
5. Genzyme Recognized by Scientists as a Top Employer
6. Genzyme to Participate in FDA Advisory Committee Meeting on the Use of Phosphate Binders in Chronic Kidney Disease
7. FDA Approves Genzymes Renvela(TM) for Dialysis Patients
8. Genzyme Launches Cholestagel(R) in Europe
9. BioVex Appoints Genzyme Executive, Jan van Heek, as Chairman of the Board of Directors
10. Genzyme and Sunway to Collaborate on Gene Therapy Program in China
11. Genzyme Study of Myozyme(R) for Late-Onset Pompe Patients Meets Co-Primary Efficacy Endpoints
Post Your Comments:
(Date:10/8/2015)... Oct. 8, 2015  ATCC, the premier global biological ... has been selected by The Michael J. Fox Foundation ... to academic, pharmaceutical, and biotechnology organizations committed to speed ... the United States , and more than 5 ... the United States , and more than 5 ...
(Date:10/8/2015)... Calif. , Oct. 8, 2015 Celemics, ... its expansion into the North American market with the ... Asia and Europe , ... pioneer of Target Enrichment methodology and sample preparation for ... NGS, facilitates both hereditary and somatic genetic testing more ...
(Date:10/8/2015)... , October 8, 2015 ... --> Global Biologics and Biosimilars industry . ... report "Global Biologics and Biosimilars Industry 2015 Deep ... and Forecast" is a professional and depth research ... . ) , --> ...
(Date:10/8/2015)... 8, 2015  Today, DuPont and Caribou Biosciences, ... editing, jointly announced a strategic alliance. As part ... respective patent portfolios, with DuPont receiving exclusive intellectual ... row crops, and non-exclusive rights in other agricultural ... --> --> In addition, the ...
Breaking Biology Technology:
... DNDN ) today announced that Mitchell H. Gold, ... a company update at the,UBS Global Life Sciences Conference ... 1:30 p.m. ET., A live audio webcast of ... of the Dendreon website, . If you are ...
... /Xinhua-PRNewswire/ -- Sinovac Biotech Ltd. (Amex:,SVA), a vaccine-focused ... Yin, Chairman, president & CEO, will present at ... Beijing Hotel in New York City.,The Presentation is ... PM., About Sinovac, Sinovac Biotech Ltd. ...
... SAN DIEGO, Sept. 17 Ardea Biosciences, Inc.,(Nasdaq: RDEA ) ... Biosciences, will present at two upcoming investor,conferences., UBS Global ... Time: 1:00 p.m. Eastern Time ... , Third Annual JMP Securities Healthcare Focus Conference, ...
Cached Biology Technology:
(Date:9/28/2015)... 2015 According to a new ... Product (Scanner & Others), Application (Access Control & Others), ... & Geography Global - Forecast to 2020", published by MarketsandMarkets, ... 3627.90 Million by 2020, at a CAGR of 23.40% ... market data T ables and 66 ...
(Date:9/10/2015)... LONDON , Sept. 10, 2015 This ... dominate wearable technology products today, and emerging sensor types ... have risen through the peak of the wearable technology ... the slide to disillusionment. The common feature with all ... the key enabler for their most useful functions. Sensors ...
(Date:9/9/2015)... 9, 2015  NuData Security announced today that ... furthering the company,s commitment to protecting organizations and ... NuData Security,s online fraud detection solution, NuDetect, ... cycle. The product combines continual analysis and behavioral ... behavior from fraudulent behavior, allowing the company to ...
Breaking Biology News(10 mins):
... large population of loggerhead sea turtles that nest on ... have found an unexpected dichotomy in turtle behavior: While ... bottom-dwelling sea life in shallow coastal waters, others leave ... along the African coast and exhibit a distinct feeding ...
... researchers believed that stem cells in the bone marrow ... unaware of -- and unaffected by -- the daily ... so. , Scientists at the Oklahoma Medical Research Foundation ... that eventually give rise to the blood cells that ...
... has found all forms of tobacco exposure, whether that be ... of heart attack. , The study by professors Salim Yusuf ... Medicine at McMaster University and Hamilton Health Sciences in Hamilton, ... In collaboration with colleagues from 52 countries, they calculated the ...
Cached Biology News:
... desktop unit ideal for use in laboratories with ... speed set at 12 rpm , Temperature ... Bottle capacity of four 35 x 150mm bottles, ... bottles , Consistent, repeatable results achieved with ...
... specifically engineered for efficient drying down of ... glass cover and a post-trap with ammonia ... processing of samples in ammonium hydroxide., ... , Comes standard ...
... have active, real-time sample temperature monitoring. , ... worlds first, fully modular SpeedVac System. The ... to form an integrated unit or separated ... the first SpeedVac to have sample temperature ...
... Acid Resistant SpeedVac Model SPD131DDA , ... The SPD131DDA is designed to handle the rigors ... new slim design, digital display, dual independent timers, ... coated chamber and vapor pathway. , , ...
Biology Products: