<?xml version="1.0"?>
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                <footnoteId id="F1"/>
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            <expirationDate>
                <value>2026-12-31</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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        <derivativeTransaction>
            <securityTitle>
                <value>Phantom Stock</value>
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            <transactionDate>
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            <transactionAmounts>
                <transactionShares>
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        <derivativeTransaction>
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        <derivativeTransaction>
            <securityTitle>
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            </securityTitle>
            <conversionOrExercisePrice>
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            </conversionOrExercisePrice>
            <transactionDate>
                <value>2011-04-04</value>
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            <transactionAmounts>
                <transactionShares>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                <sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
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            </conversionOrExercisePrice>
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            <expirationDate>
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            <underlyingSecurity>
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                <directOrIndirectOwnership>
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            </conversionOrExercisePrice>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
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                <transactionShares>
                    <value>7500.0000</value>
                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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            </exerciseDate>
            <expirationDate>
                <value>2019-05-21</value>
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        <derivativeTransaction>
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                <value>Stock Option (right to buy)</value>
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                <value>2011-04-04</value>
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                <transactionShares>
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                <transactionPricePerShare>
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            <ownershipNature>
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        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
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            <transactionAmounts>
                <transactionShares>
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                </transactionShares>
                <transactionPricePerShare>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            </exerciseDate>
            <expirationDate>
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            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
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                    <value>D</value>
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        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
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                <value>2011-04-04</value>
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                <transactionCode>D</transactionCode>
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            <transactionAmounts>
                <transactionShares>
                    <value>15000.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>58.5000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
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                <footnoteId id="F3"/>
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            <expirationDate>
                <value>2016-05-26</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                <directOrIndirectOwnership>
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        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
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            </conversionOrExercisePrice>
            <transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
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            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>24000.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>62.9800</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <exerciseDate>
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                <footnoteId id="F3"/>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Genzyme common stock (GENZ)</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
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            </conversionOrExercisePrice>
            <transactionDate>
                <value>2011-04-04</value>
            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
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            <transactionAmounts>
                <transactionShares>
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                </transactionShares>
                <transactionPricePerShare>
                    <value>53.4700</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <exerciseDate>
                <value>2002-05-31</value>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-05-31</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Genzyme common stock (GENZ)</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>0.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
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                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The phantom stock acquired under the Genzyme Directors? Deferred Compensation Plan was cancelled at the completion of the sanofi-aventis tender offer and converted into the right to receive a cash payment based on the closing price of Genzyme common stock on the last day it traded.  Phantom stock was credited to the Reporting Person?s stock account under the deferred compensation at the end of each fiscal quarter from 1/1/2004 through 12/31/2007, pursuant to the Reporting Person?s plan election and the terms of the plan.</footnote>
        <footnote id="F2">The vested restricted stock units were scheduled to vest on the date of the 2011 annual meeting of shareholders.</footnote>
        <footnote id="F3">This option, which provided for vesting at the next annual meeting of shareholders, was cancelled upon the consummation of the sanofi-aventis tender offer in exchange for a payment representing (A) an amount of cash equal to the excess of $74.00 over the exercise price of the option, multiplied by the total number of shares subject to such options, and (B) one contingent value right (CVR) per cancelled option.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Susan P. Cogswell, Attorney-in-Fact</signatureName>
        <signatureDate>2011-04-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
