Genzyme's Orphan Drugs

Genzyme's Orphan Drugs

Question 1

The focus of Genzyme was to offer products and services that target diseases that are rare and for which drugs have yet not been produced their objective was to develop products that are have not been offered by any other companies and hence targeting the niche of pharmaceutical industry that has been left unfilled. The company had updated technology and also skilled workforce for accomplishing its objectives and goals. It introduced a product that was a blockbuster and therefore had few competitors making it challenging for other companies to develop such products and hence it became ...