GENZYME TRANSGENICS CORP
S-8, EX-5, 2000-06-02
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
Previous: GENZYME TRANSGENICS CORP, S-8, 2000-06-02
Next: GENZYME TRANSGENICS CORP, S-8, EX-23.1, 2000-06-02



<PAGE>

                                                                       EXHIBIT 5

                               PALMER & DODGE LLP
                    ONE BEACON STREET, BOSTON, MA 02108-3190




TELEPHONE: (617) 573-0100                              FACSIMILE: (617) 227-4420


                                   June 2, 2000

Genzyme Transgenics Corporation
175 Crossing Boulevard
Suite 410
Framingham, Massachusetts 01701


         We are  rendering  this  opinion in  connection  with the  Registration
Statement  on  Form  S-8  (the   "Registration   Statement")  filed  by  Genzyme
Transgenics  Corporation  (the  "Company")  with  the  Securities  and  Exchange
Commission  under the Securities  Act of 1933, as amended,  on or about the date
hereof.  The Registration  Statement  relates to 750,000 shares of the Company's
Common Stock,  $.01 par value per share,  (the "Shares") offered pursuant to the
provisions of the Company's 1993 Equity Incentive Plan (the "Plan").

         We have acted as your counsel in connection with the preparation of the
Registration  Statement  and are  familiar  with  the  proceedings  taken by the
Company in connection with the  authorization,  issuance and sale of the Shares.
We have  examined all such  documents  as we consider  necessary to enable us to
render this opinion.

         Based upon the  foregoing,  we are of the opinion that,  when issued in
accordance  with the terms of the Plan and the options granted  thereunder,  the
Shares will be duly authorized, validly issued, fully paid and nonassessable.

         We  hereby  consent  to the  filing  of this  opinion  as a part of the
Registration Statement.

                                Very truly yours,



                                \S\ PALMER & DODGE LLP






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission