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Genzyme 2004 Annual Report
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Table of Contents
2004 - A Transforming Year
Financial Highlights
Letter To Shareholders
A Future of Hope
Building a Sustainable Future
Focused Medical Areas
Genetic Diseases
Renal Disease
Orthopaedics
Oncology
Transplant / Immune Diseases
Genetics / Diagnostics
A Future of Innovation
A Future of Commitment
A Future of Growth
Focused Medical Areas
Genzyme focuses its efforts on well-defined medical areas with serious, unmet needs where breakthrough therapies and services can significantly improve patients' lives. We currently provide more than 10 major marketed products concentrated in five diverse medical areas, as well as in diagnostic products and services.
Genetics/Diagnostics These products and services give patients and their physicians critical information for decision making, allowing quicker, more appropriate treatment. Their importance will increase as therapies become more targeted and personalized. In 2004, we added significantly to our oncology testing capabilities.
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Genetic Diseases We have world-renowned expertise in lysosomal storage disorders, rare genetic diseases caused by missing enzymes. In late 2004, we filed for approval of Myozyme in Europe and plan filings in the United States and Japan in 2005.
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Renal Disease Renagel helps control phosphorus levels in kidney hemodialysis patients without adding calcium or metal. We are now investigating additional therapies for patients with other stages and types of renal disease.
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Orthopaedics Marketed in more than 60 countries, Synvisc relieves the pain of osteoarthritis of the knee. Carticel and MACI are unique cell therapies for articular knee cartilage injuries. We are actively developing the next generations of these successful orthopaedics products.
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Oncology/Endocrinology Campath and Clolar address different forms of leukemia. We are committed to supporting these products through studies of new therapeutic applications and in earlier-line treatment for their approved indications. Thyrogen, our thyroid cancer diagnostic, has now been approved for therapeutic use in Europe in combination with radioiodine, and we anticipate U.S. approval in 2005.
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Transplant/Immune Diseases Thymoglobulin is the standard of care in acute renal transplant rejection. We are investigating its use in induction and bone marrow transplantation, together with its application to other organs and to the treatment of immune-mediated diseases.
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