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Medical Device

Genzyme to purchase rest of IG Laboratories

This article was originally published in Clinica

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Executive Summary

Genzyme's takeover of IG Laboratories has been approved by IG Labs' independent shareholders some seven months after Genzyme first proposed to buy the remaining shares in a stock swap (see Clinica No 642, p 14). Genzyme already owns around 70% of IG Labs whose shareholders will receive 0.1201 Genzyme General Division stock or around $7 for each IG Labs share held.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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