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Drug Names(s): advanced phosphate binder (APB)
Description: Genz-644470 is a next generation non-absorbed polymer designed to more selectively bind phosphate for a substantial improvement in potency over existing therapies.
Deal Structure: In October 2010, Sanofi-aventis announced it has commenced a tender offer for all outstanding shares of common stock of Genzyme for $69 per share, net to the seller in cash, without interest and less any required withholding taxes. In April 2011, Sanofi-aventis announced that it successfully completed its exchange offer for all outstanding shares of common stock of Genzyme Corporation.
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