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Genzyme Delivers Strong Fourth Quarter to Conclude Outstanding Year
Date:2/13/2008

looking statements contained in this press release. These statements speak only as of today's date and Genzyme undertakes no obligation to update or revise the statements.

Genzyme(R), Myozyme(R), Fabrazyme(R), Cerezyme(R), Renagel(R), Renvela(R), Thymoglobulin(R), Synvisc(R), Campath(R) and Clolar(R) are registered trademarks of and Mozobil(TM) and Synvisc-ONE(TM) are unregistered trademarks of Genzyme or its subsidiaries. Aldurazyme(R) is a registered trademark of BioMarin/Genzyme LLC. All rights reserved.

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 United States.

Media Contact: Investor Contact:

Bo Piela Patrick Flanigan

(617) 768-6579 (617) 768-6563

GENZYME CORPORATION (GENZ)

Consolidated Statements of Operations

(Unaudited, amounts in thousands,

except per share amounts)

Three Months Ended Year Ended

December 31, December 31,

2007 2006 2007 2006

Total revenues $1,036,758 $854,241 $3,813,519 $3,187,013

Operating costs and expenses:

Cost of products and

services sold (1,2) 262,657 198,712 927,330 735,671

Selling, general and

administrative (1,3) 307,631 266,551 1,186,438 1,010,400

Research and

development (1,4) 191,588 166,394 731,950 649,951

Amortization of intangibles 51,804 53,238 201,105 209,355

Purchase of in-process

research and

development (5) 106,350 552,900 106,350 552,900

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

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