Genzyme

Boston, United States Founded: 1996 • Age: 30 yrs Acquired By Sanofi
Biopharmaceutical products for rare genetic diseases are developed and supplied.
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About Genzyme

Genzyme is a company based in Boston (United States) founded in 1996 was acquired by Sanofi in February 2011.. Genzyme has completed 2 acquisitions, including Bioenvision and Ilex Oncology. Genzyme offers products and services including Vaccines, Medicines for Immunology, Neurology Medicines, and Consumer Healthcare Products.

  • Headquarter Boston, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Genzyme India Private Limited
  • Date of Incorporation 21 Nov, 2007
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
    $65.35 K (USD)
    -32.22
    as on Mar 31, 2017
  • Net Profit
    $24.43 K (USD)
    -23.31
    as on Mar 31, 2017
  • EBITDA
    $-20.73 K (USD)
    40.38
    as on Mar 31, 2017
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Bioenvision

    & 1 more

  • Acquired by
    Sanofi

    (Feb 16, 2011)

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Products & Services of Genzyme

Genzyme offers a comprehensive portfolio of products and services, including Vaccines, Medicines for Immunology, Neurology Medicines, and Consumer Healthcare Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Products that prevent diseases like influenza and meningitis.

Treatments targeting immune system disorders and related conditions.

Drugs for neurological conditions such as rare diseases and disorders.

Items for allergy, cold relief, and digestive health management.

Funding Insights of Genzyme

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Genzyme

Genzyme has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sanofi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Pharmaceutical and nutraceutical products are developed across seven therapeutic areas.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Genzyme

Genzyme has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bioenvision and Ilex Oncology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Monoclonal antibody therapies for B-cell chronic lymphocytic leukemia are developed.
2000
Acquisition, development, and marketing of compounds and technologies for the treatment of cancer
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Genzyme

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Genzyme Comparisons

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Competitors of Genzyme

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Genzyme

Frequently Asked Questions about Genzyme

When was Genzyme founded?

Genzyme was founded in 1996.

Where is Genzyme located?

Genzyme is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

What is the annual revenue of Genzyme?

Annual revenue of Genzyme is $65.35K as on Mar 31, 2017.

What does Genzyme do?

Genzyme Corporation is a fully owned subsidiary of Sanofi. It is focused on rare genetic diseases known as lysosomal storage disorders (LSDs). They have also expanded through both in-house development and strategic acquisitions and partnerships to other disease areas such as thyroid cancer and multiple sclerosis. The first orphan-drug for Genzyme that FDA approved was Ceredase, a drug for treating Gaucher disease. Other important drugs made by Genzyme are Renagel, used in treatment of dialysis patients, and Fabrazyme, used to treat patients with Fabrys disease. Other products in development are Tolevamer for Clostridium difficile colitis and Campath for Chronic lymphocytic leukemia.

What products or services does Genzyme offer?

Genzyme offers Vaccines, Medicines for Immunology, Neurology Medicines, and Consumer Healthcare Products.

How many acquisitions has Genzyme made?

Genzyme has made 2 acquisitions, including Bioenvision, and Ilex Oncology.

Who are Genzyme's investors?

Genzyme has 1 investor. Key investors include Sanofi.

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