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Genzyme Buying SangStat: $600M Cash For IMD Drugs

By Randall Osborne


Tuesday, August 5, 2003
Genzyme Corp. entered an agreement to acquire SangStat Medical Corp. for about $600 million in cash, or $22.50 per outstanding share, thus gaining a marketed product for organ rejection plus a pipeline regarded by both companies as complementary.(BioWorld Today)

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