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Genzyme reports strong 1Q 2008 growth

Publisher
Elsevier Science
Year
2008
Weight
53 KB
Volume
2008
Category
Article
ISSN
1351-4180

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โœฆ Synopsis

DuPont and Genencor form jv for cellulosic ethanol

DuPont and Genencor (a subsidiary of Danisco) have formed a jv to develop and commercialise

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## Genzyme reports significant revenue and earnings growth in 1Q 2007 Genzyme Corp reported that 1Q 2007 revenue increased 21% to a record $883.2 M ($730.8 M in 1Q 2006). GAAP net income rose 57% for 1Q 2007 to $158.2 M ($101 M in 1Q 2006), reflecting higher revenue, an improved gross margin, and c