Tuesday, January 25, 2011
The talks between Genzyme and Sanofi apparently continue with the parties still at odds over a proposed earnout tied to performance of a pipeline drug. I guess though the talks are still in process, Sanofi is feeling sufficiently comfortable that Reuters is now reporting that it has hired an executive search firm to come up with names of potential directors that it might appoint, or cause to get elected, to a new Genzyme board. Either that or Sanofi is gearing up for a proxy contest. Well, if they're looking to fill some board seats, why not hire me? I'm local so I won't run up big hotel bills!