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Home > Company Index > Drugs > Biotechnology-Medicine > Genzyme Transgenics Corporation

Genzyme Transgenics Corporation
Nasdaq: GZTC
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 NEWS FROM THE WIRES
Genzyme Transgenics names new chairman and CEO
Jul 19 2001 05:23 AM PDT

More WIRE STORIES about this company

 PROFILE
Genzyme Transgenics expresses itself through barnyard critters. The firm uses genetically altered animals to produce proteins (some 65 so far) for therapeutic and biomedical uses. With Centocor it developed Remicade, an FDA-approved treatment for rheumatoid arthritis and Crohn's disease; the duo are developing other monoclonal antibodies. Product candidate antithrombin III is an anticoagulant the company has produced in the milk of goats that has received orphan drug status in the US. It is also working on a malaria vaccine produced from transgenic mice, as well as a blood expander with Fresenius. Other partners include Bristol-Myers Squibb, Elan, and Genzyme, which owns about a quarter of Genzyme Transgenics.

 COMPETITION
Immunex Corporation (IMNX)
PPL Therapeutics plc (PPL)
Pharming Group NV (PHAR)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 16.20
1-Yr. Sales Growth: (76.5)%
Employees: 143
Revenue per employee: $113,286.71

 KEY PEOPLE
• Geoffrey F. Cox
    CEO
• John B. Green
    CFO

 CONTACT INFO
175 Crossing Blvd.
Framingham, MA 01702
US
Phone: 508-620-9700
Fax: 508-370-3797
Online: Web Site

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