Genzyme's Q3 income dives on Allston impact
22 October 2009
Sukaina Virji
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22 October 2009
Sukaina Virji
sukaina.virji@informa.com
Genzyme's third-quarter net income dived by 87% to $16 million, with the company blaming most of the fall on the impact of production problems at its Allston, Massachusetts, manufacturing plant.
Revenue was down by 9% to $1.06 billion, while non-GAAP income, which excludes certain acquisition...
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