Gentiva sells respiratory, infusion businesses
Home health provider Gentiva Health Services said it sold its respiratory therapy/home medical equipment and infusion therapy businesses to a subsidiary of Lincare Holdings, Clearwater, Fla., which provides respiratory therapy services in the home.
It is rumoured that multinational drugmaker Sanofi-Aventis is to acquire US-based biotechnology company Genzyme, a manufacturer of vaccines for genetic disorders and producer of drugs such as Cerezyme, a treatment for Gaucher's disease, and Fabrazyme, for Fabry disease.