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BioMarin Pharmaceutical Inc.BMRN
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Overview >
Market Cap
10.72B
Revenue (ttm)
2.85B
Net Income (ttm)
426.86M
Shares Out
190.78M
EPS (ttm)
2.21
PE Ratio
25.09
Forward PE
12.87
Dividend
n/a
Ex-Dividend Date
n/a
Volume
451,044
Open
56.89
Previous Close
56.32
Day's Range
55.11 - 56.82
52-Week Range
52.93 - 94.85
Beta
0.30
Analysts
Buy
Price Target
94.00 (+67.26%)
Earnings Date
Apr 23, 2025
Description >

BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions.

Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease.

The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase.

In addition, it develops Roctavian, an adeno associated virus vector, for the treatment of patients with severe hemophilia A; BMN 331, an AAV5 mediated gene therapy, which is in Phase 1/2 clinical trial for people living with Hereditary Angioedema (HAE); and BMN 255 that is in Phase 1/2 clinical trial for treating primary hyperoxaluria.

The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally.

BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. The company was incorporated in 1996 and is headquartered in San Rafael, California.

Latest News >
EU regulator to review reports of suicidal thoughts and weight loss drugs
EU regulator to review reports of suicidal thoughts and weight loss drugs
Apr 8, 2024
April 8 (Reuters) - A European Medicines Agency committee will this week hold a meeting related to its probe into reports of suicidal thoughts after taking diabetes and weight loss drugs such as Novo Nordisk's Ozempic, an agenda showed on Monday. The agency began its review into the class of weight loss and diabetes drugs, known as GLP-1 receptor agonists,...
AltC Acquisition Shares Soar as Oklo Announces Power Supply Deal
AltC Acquisition Shares Soar as Oklo Announces Power Supply Deal
Apr 8, 2024
11:26 AM EDT, 04/08/2024 (MT Newswires) -- AltC Acquisition ( ALCC ) shares soared more than 19% in recent Monday trading after Oklo, with which it has a pending merger deal, announced a potential power supply collaboration. Oklo, a fission technology and nuclear fuel recycling company, said it signed a non-binding letter of intent to supply 50 megawatts to Diamondback...
Global Net Lease Completes $237 Million Refinancing Backed by Industrial Properties; Shares Rise
Global Net Lease Completes $237 Million Refinancing Backed by Industrial Properties; Shares Rise
Apr 8, 2024
11:21 AM EDT, 04/08/2024 (MT Newswires) -- Global Net Lease ( GNL ) said Monday it completed a $237 million commercial mortgage-backed security loan secured by 20 US industrial assets that were previously secured under a corporate credit facility. The new loan matures in April 2029 and has a fixed all-in interest rate of 5.74%, or 159 basis points lower...
Pressure grows on Swiss insurer Baloise to change voting rules
Pressure grows on Swiss insurer Baloise to change voting rules
Apr 8, 2024
ZURICH, April 8 (Reuters) - Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy advisor Glass Lewis backing one investor's bid to remove a 2% ceiling on voting rights, saying it would make the Swiss group more attractive. Baloise shareholders have no more than 2% of votes, irrespective of how big their stake is,...
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