QUOTE AND NEWS
Forbes  Sep 22  Comment 
In early trading on Thursday, shares of Bed, Bath & Beyond (BBBY) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.5%.  Year to date, Bed, Bath & Beyond has lost about 7.6% of its value.
newratings.com  Sep 22  Comment 
WASHINGTON (dpa-AFX) - BioMarin Pharmaceutical Inc. (BMRN) intends to seek a review of the Patent Trial and Appeal Board's ruling in the composition of matter patent interference pertaining to exon 51 skipping antisense oligonucleotides,...
Benzinga  Sep 21  Comment 
Sarepta Therapeutics Inc (NASDAQ: SRPT) announced Tuesday that the Patent Trial and Appeal Board issued two favorable decisions for Sarepta which refused BioMarin Pharmaceutical Inc. (NASDAQ: BMRN)'s claims. In a report, Brian Skorney of Baird...
Benzinga  Sep 20  Comment 
The craze for Sarepta Therapeutics Inc (NASDAQ: SRPT) shares continued into its second day, gaining about 15 percent on Tuesday. The stock nearly doubled from the $28.15 recorded on September 16. Two catalysts likely responsible for this rally...
newratings.com  Sep 15  Comment 
WASHINGTON (dpa-AFX) - BioMarin Pharmaceutical Inc. (BMRN) announced that the European Medicines Agency or EMA validated the Marketing Authorization Application or MAA for Brineura (cerliponase alfa) to treat children with CLN2 disease, a form of...
newratings.com  Sep 7  Comment 
WASHINGTON (dpa-AFX) - BioMarin Pharmaceutical Inc. (BMRN) announced a program update for cerliponase alfa, a recombinant human tripeptidyl peptidase 1 (rhTPP1) to treat children with CLN2 disease, a form of Batten disease. CLN2 disease is a...
FiercePharma  Aug 23  Comment 
Investors bid up post-Medivation M&A targets BioMarin, Incyte and more tracystaton Tue, 08/23/2016 - 09:38




 

BioMarin Pharmaceutical Inc. (BMRN), a developer of enzyme-related therapies (ERT), co-markets Aldurazyme with Genzyme Corporation (GENZ) for the treatment of MPS-I (mucopolysaccharidosis). MPS-I is a rare genetic enzyme deficiency disorder, afflicting roughly 3,000 people worldwide, caused by the lack of a specific enzyme involved in lysosomal storage. More common names for mucopolysaccharidosis are Hurler's Syndrome, Hurler-Scheie, and Scheie's Disease. The company's other developed product, Naglazyme, for MPS-VI, recently entered the market. MPS-VI is also a rare genetic enzyme deficiency disorder, with an estimated 1,100 people suffering from it worldwide. The company's third lead drug, Kuvan, received FDA approval for the treatment of PKU in December 2007. With the recent launch of Kuvan, the company now has three products on the market. The company also receives royalties and license revenue on sales of the Orapred franchise from Alliant Pharmaceuticals. In 2004, the company acquired Orapred, a grape-flavored oral corticosteroid liquid for the treatment of severe asthma in children and subsequently licensed the franchise to Alliant Pharmaceuticals in March 2006. BioMarin, headquartered in Novato, CA, employs roughly 300 people.

Business Overview

Business & Financial Metrics

In 2009, BMRN incurred a net loss of $488 thousand on revenues of $324.7 million. This represents a real turnaround from 2008, when the company earned $30.8 million on $296.5 million in revenues.[1]

Geographical Distribution[2]

BioMarin generates the majority of its revenues from sales in Europe.

IMAGE:BMRN-Geography2009.jpg[2]

Competition

BioMarin competes with companies like:

References

  1. BMRN 2009 10-K pg. 36  
  2. 2.0 2.1 BMRN 2009 10-K pg. 16  
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