GENZ’s right of “first negotiation” comes into play only if GTC has not yet partnered ATryn in the US when the last module of the BLA is submitted. Hence this provision is not a factor in slowing the negotiations going on now.
Does anyone know how or why Genzyme acquired this right? Did it date back to GTCBs buy back of its own stock from Genz to grant it less power and take back the right of self determination? There has been quite a bit of history as GTCB has fought for independence, the brave little engine that could, as it were. It might not be such a bad thing to still look sexy to Genzyme but I still can't believe GTCB that many more companies trying to get on the dance card. bp
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