Sanofi (
$SNY) plans to buy back up to $152 million in contingent value rights linked to last year's buyout of
Genzyme. The French drugmaker says it would purchase about 30% of the CVRs, which pay off if certain Genzyme sales targets are met. The move is seen as a sign that Sanofi is confident that the
multiple sclerosis drug
Lemtrada will be as lucrative as hoped
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