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Genzyme, Third Rock Bet $35 Million on Gene Therapy Developer (Bloomberg)

March 12th, 2010

March 12 (Bloomberg) — Genzyme Inc. ’s investment arm and Third Rock Ventures , a Boston venture capital firm, are putting $35 million into closely held Genetix Pharmaceuticals, a gene therapy developer whose technology saved the lives of two French boys with a rare brain disease last year.

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