henri termeer

Was is "Worst Biotech CEO" Worth?

Health Care Renewal  Fri, 11/27/2009 - 11:15

Recently, we posted about misadventures of the leadership of biotechnology giant Genzyme.  Although the company has long priced its drug Cerezyme for the rare Gaucher's disease at a stratospheric level, it did not sufficiently reinvest money in its manufacturing facility for the drug.  Deferred maintenance at a production facility running at maximum capacity has apparently lead to two different kinds of contamination problems, forcing a shut-down of the plant, and now a shorta


 

Genzyme's "Remarkable Business'Strategy" and Contaminated Drugs

Health Care Renewal  Wed, 11/18/2009 - 15:42

In June, 2009, an article in the Boston Globe described how the Boston area based biotechnology company Genzyme sold some astonishlingly expensive drugs, using