Genzyme acquires Cell Genesys manufacturing site

Cell Genesys Inc. and Genzyme Corp. recently announced that Genzyme acquired Cell Genesys’ manufacturing operation in San Diego to support the growth of Genzyme’s gene therapy programs. Under the terms of the agreement, Genzyme will pay Cell Genesys $3.2 million in cash for the assets contained in the 47,000 square-foot leased facilities. Most of the approximately 40 employees formerly employed by Cell Genesys have become Genzyme employees.
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