Genzyme Corporation Completes Transaction with Bayer HealthCare

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Genzyme Corp. (Nasdaq: GENZ) announced today that it has completed the transaction with Bayer HealthCare to acquire the worldwide rights to Campath®/MabCampath® (alemtuzumab), giving Genzyme primary responsibility for the development and commercialization of this promising multiple sclerosis (MS) therapeutic candidate. Genzyme is conducting two rapidly progressing phase 3 studies of alemtuzumab in relapsing-remitting MS patients.
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