Thursday, January 06, 2011

The Big JP Morgan Healthcare Conference (Genzyme and Sanofi)

The JP Morgan Healthcare Conference (the one that really matters) takes place next week in San Francisco. I’m sure the rooms will be packed when Genzyme (Ticker: GENZ) and Sanofi-Aventis (Ticker: SNY) present on Tuesday, January 11th. I believe Genzyme presents in the morning and Sanofi later in the day. In any case, you can bet that during the break out sessions, the only questions the analysts will be asking will be on the takeover of Genzyme by Sanofi. Reuters also mentioned today that there are no scheduled meetings between the two CEO’s during the conference. Duhhhh… Why would they let the world know that they are going to meet??? I’m sure they’ll find an appropriate place and time to meet, but they’re going to keep it way down low. I believe a deal will happen in January.


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