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Sanofi (NASDAQ:SNY) extends its offer for the outstanding shares of Genzyme (GENZ) to April 1...

Mar. 07, 2011 7:43 AM ETSanofi (SNY) StockBBH, IBB, PBE, SNY, XBI, FBT, BIB, BISBy: Rachael Granby, SA News Editor
Sanofi (NASDAQ:SNY) extends its offer for the outstanding shares of Genzyme (GENZ) to April 1 from March 16. Meanwhile, other biotech firms focused on rare diseases say the Sanofi-Genzyme deal puts many peers into play as takeover targets.

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