from competition by focusing on orphan drugs. Also‚ the Orphan Drug Act provides 7 years of market exclusivity which virtually eliminates competition for Genzyme for at least a while. As an orphan drug‚ there is minimal threat of substitutes and potential entrants into the market‚ as explained above. Also‚ the nature of the drugs made by Genzyme are of a very critical nature; the drugs save lives of people with very rare genetic disorders. Considering these points‚ the bargaining power of customers
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ENT4400 – SUMMARY + REFLECTION Case study: Genzyme‚ schilling‚ chapter 6 page 105-109 Summary of the case: Genzyme was founded in 1981‚ Sanofi purchased the company in 2011. They went public in 1986‚ raising 27 million dollars. Genzyme startet as a start up Company by scientists studying genetically inherited enzyme diseases. Their strategy didn’t focus on the “blockbuster drugs” like other biotechnology companies but drugs for rare diseases. To developing a drug‚ it takes 10-14 years at
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Describe a job that you would like to do in the future. A job I would like to do in the future would be to work as a foreign correspondent journalist. I’m somebody who loves to travel and loves to learn about other cultures and the way they work‚ and also the history of other countries and places around the world. So this is a job that..err... really is attractive to me. I also really enjoy writing. It’s something I get a lot of pleasure from‚ so that job would allow me to combine my interests
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What Would You Do? Episode __ : Helping the Homeless I. Relate the video to conscience Conscience‚ as defined by the Merriam – Webster Dictionary‚ is “the part of the mind that makes you aware of your actions as being either morally right or wrong”. It’s that tiny voice inside your head that tells you if what you’re about to do‚ what you’re doing or what you’ve done is essentially right or not. A lot of people nowadays tend to ignore this for fear of being ridiculed or judged by other people‚ even
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What Would You Do to Be Successful Being a kid with a learning disability can be stressful and challenging in everyday school. I can understand the benefits of online schooling‚ because I experience what the students with learning disabilities go through on a daily basis. Online schooling benefits students that want to get done with schooling early‚ students with with learning disability‚ and some students that wanna be successful in life more. Students at Mona Shores would benefit more
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Genzyme Corp. Genzyme Corporation operates as a biotechnology company worldwide. It focuses on rare genetic disease disorders‚ renal diseases‚ orthopedics‚ cancers‚ transplant and immune diseases‚ and diagnostic and predictive testing areas. Its leading drugs are Cerezyme‚ Fabrazyme‚ Myozyme‚ Aldurazyme‚ Elaprase‚ Renagel and Renvela‚ and many others. It has about 7‚000 employees. The current Chairman‚ President‚ & CEO is Henri A. Termeer. The company was founded in 1981 and is based in Cambridge
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Genzyme Case Study: Table of Contents Problem Identification......................................................................................................3 Alternative Solutions.........................................................................................................4 Recommendations.............................................................................................................5
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company as rumors circulate about Genzyme. 7/29/2010- Sanofi sends a private letter to Genzyme’s board of directors offering $69/share in cash. 8/22/2010- Genzyme rejects Sanofi’s offer. 8/29/2010- Sanofi goes public with its offer of $69/share. 8/30/2010- Genzyme publicly rejects Sanofi’s offer once again. 10/4/2010- Sanofi goes hostile and begins to directly solicit to Genzyme shareholders maintaining the $69/share value. The offer is to expire on December 10‚ 2010
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"W.W.Y.D" Society is quick to judge and people are quick to stereotype other people. In the show "What Would You Do" three people were trying to steal a bike. The first one was a white male and most of the people just walked by or asked "Is that your bike‚" and his reply was "No‚" then the people just kept walking by and didn’t even try to stop him. There was roughly 100 people an hour that just walked by until an old couple walked up and tried to stop him. Next‚ was a black male and the first
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IELTS SPEAKING PART ONE TOPICS. YOU Describe yourself. FAMILY o Describe your family? o Do you have a large or small family? o How much time do you spend with your family? o What do you like to do together as a family? o Do you get along well with your family? o Are people in your country generally close to their families? WORK o What do you do? o What are your responsibilities? o How many hours do you work each day? o Do you enjoy your work? o Is there
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