Genz, Pwrm, & Sny: Blink On Friday And Miss Massive Biotech Spikes
Recent News: Blink on Friday And Miss Massive Biotech Spikes
Genzyme Corporation (NASDAQ: GENZ) announced that it has entered into an agreement with Goldman, Sachs & Co. to repurchase $1 billion of Genzyme common stock under an accelerated stock repurchase program. Proceeds from its recently concluded debt offering will be used to support this first tranche of Genzymes overall $2 billion share repurchase plan announced in May.
Genzyme Corporation is one of the worlds leading biotechnology companies, Genzyme is dedicated to making a major positive impact on the lives of people with serious diseases. Since 1981, the company has grown from a small start-up to a diversified enterprise with more than 12,000 employees in locations spanning the globe and 2009 revenues of $4.5 billion. In 2010, Genzyme was named to the Fortune 500.
For more information visit: www.genzyme.com
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POWER 3 MEDICAL PRODUCTS (OTC BB: PWRM.OB)
PWRM is now available for $0.036 cents a share with an RSI creeping closer to 30 which could be interpreted as a time to buy. Since the beginning of June 2010 PWRM has been trading in a channel. Pay attention for a possible breakout. PWRM deserves to be watched very closely! A breakout could be an indicator of possible momentum.
PWRM pursues an aggressive intellectual property strategy to protect its inventions and discoveries made on its own and with its collaborators. Power3 Medical works with key physician scientists at major medical research and treatment centers. With access to decisive human clinical samples and superior trade secret proteomic methodologies, the Company provides solutions to pressing challenges in diagnosis and treatment of patients and has concluded research agreements, technology license agreements, and filed provisional and utility patents. Power3 is also adding additional layers of research and license agreements, patent filings, and trade secrets, as its technology and product portfolio develops, to cover.
Continue your research at www.power3medical.com
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SNY, Sanofi-Aventis
SNY, a pharmaceutical company, contributes to enhancing life by providing medicines, vaccines, and integrated healthcare solutions adapted to local needs and means primarily in the United States and Europe.
SNY and the Juvenile Diabetes Research Foundation (JDRF) reported a unique partnership to develop therapeutic treatments for people with type 1 diabetes at different stages of the disease both those living with the disease and the newly diagnosed as well as preventing diabetes in those at risk.
Toward those goals, the partnership will focus on therapeutics such as immune therapies and beta cell regeneration.
Under the partnership, sanofi-aventis and JDRF will jointly provide academic investigators and non-profit medical research organizations with funding to conduct research projects in regeneration and immune therapy. This partnership will provide sanofi-aventis with options to the intellectual property developed by researchers who receive funding through the program.
More about SNY at en.sanofi-aventis.com
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by: Blayne Sheffield
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