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Statement of Chairman Timothy J. Muris in the Matter of Genzyme Corporation / Novazyme Pharmaceuticals, Inc

By Muris, Timothy J.

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Book Id: WPLBN0000240662
Format Type: PDF eBook
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Title: Statement of Chairman Timothy J. Muris in the Matter of Genzyme Corporation / Novazyme Pharmaceuticals, Inc  
Author: Muris, Timothy J.
Volume:
Language: English
Subject: Trade, Import and export controls, Federal Trade Commission (U.S.)
Collections: Economics Publications Collection, Federal Trade Commission
Historic
Publication Date:
Publisher: Government Printing Office

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Muris, T. J. (n.d.). Statement of Chairman Timothy J. Muris in the Matter of Genzyme Corporation / Novazyme Pharmaceuticals, Inc. Retrieved from http://worldlibrary.net/


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Government Reference Publication

Excerpt
After an extensive inquiry, the Commission has voted to close its investigation of Genzyme Corporation?s September 2001 acquisition of Novazyme Pharmaceuticals Inc. The Commission?s investigation properly focused on how the transaction would affect the pace and scope of research into pharmaceutical products for a life-threatening medical condition affecting infants and young children for which no treatment presently exists. The facts of this matter do not support a finding of any possible anticompetitive harm. Moreover, on balance, rather than put patients at risk through diminished competition, the merger more likely created benefits that will save patients? lives.

 

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