BioMarin Pharmaceutical

BioMarin Pharmaceutical

BMRNApproved
Founded 1997biomarin.com

BioMarin Pharmaceutical is a publicly traded biotechnology company (NASDAQ: BMRN) focused on developing and commercializing innovative medicines for rare genetic diseases. With approximately 3,000 employees worldwide and operations in ~80 countries, the company has built a proven track record of bringing first-in-class therapies to market. Their distinctive approach to drug discovery leverages genetic insights to target underlying molecular mechanisms of disease, resulting in category-defining medicines that address significant unmet medical needs in rare disease communities.

Market Cap
$10.4B
Founded
1997
Employees
~3,000
Focus
BiologicsViral Technology

BMRN · Stock Price

USD 54.1324.89 (-31.50%)

Historical price data

AI Company Overview

BioMarin Pharmaceutical is a publicly traded biotechnology company (NASDAQ: BMRN) focused on developing and commercializing innovative medicines for rare genetic diseases. With approximately 3,000 employees worldwide and operations in ~80 countries, the company has built a proven track record of bringing first-in-class therapies to market. Their distinctive approach to drug discovery leverages genetic insights to target underlying molecular mechanisms of disease, resulting in category-defining medicines that address significant unmet medical needs in rare disease communities.

Technology Platform

BioMarin utilizes a multi-platform approach including proprietary enzyme replacement therapies, advanced gene therapy technologies, protein engineering, and small molecule development, all focused on genetically-defined rare diseases with well-understood underlying biology.

Pipeline Snapshot

121

121 drugs in pipeline, 30 in Phase 3

DrugIndicationStage
RDD to PalynziqPhenylketonuriaApproved
KuvanPhenylketonuria (PKU)Approved
NaglazymeMucopolysaccharidosis VIApproved
Pegvaliase + MethotrexatePhenylketonuriaApproved
BH4Pku PhenylketonuriaApproved

Funding History

2

Total raised: $52M

IPO$42MUndisclosedJun 30, 1999
Series A$10MUndisclosedJun 15, 1997

FDA Approved Drugs

7
VOXZOGONDANov 19, 2021
PALYNZIQBLAMay 24, 2018
BRINEURABLAApr 27, 2017

Opportunities

BioMarin is well-positioned to capitalize on the growing rare disease market through pipeline advancement, geographic expansion, and life cycle management of existing products.
The company's proven commercial execution and strong financial position provide opportunities for strategic partnerships and acquisitions to further enhance their leadership in genetically-defined rare diseases.

Risk Factors

Key risks include regulatory delays for complex rare disease therapies, increasing competition as more companies enter the rare disease space, and reimbursement challenges for high-cost treatments.
Manufacturing complexity and the need for specialized commercial strategies in small patient populations also present ongoing operational challenges.

Competitive Landscape

BioMarin competes with major players like Genzyme/Sanofi, Shire/Takeda, and Alexion/AstraZeneca in the rare disease space. The company differentiates itself through its proven track record of commercial success, deep expertise in genetically-defined conditions, global infrastructure, and focus on first-in-class therapies with well-understood biology.

Publications
20
Patents
20
Pipeline
121
FDA Approvals
7

Company Info

TypeTherapeutics
Founded1997
Employees~3,000
LocationNovato, United States
StageApproved
RevenueRevenue Generating

Trading

TickerBMRN
ExchangeNASDAQ

Therapeutic Areas

Rare Genetic DiseasesLysosomal Storage DiseasesEnzyme Replacement TherapyGene TherapyMucopolysaccharidosisAchondroplasiaHemophiliaPhenylketonuriaMetabolic Disorders

Partners

University College LondonSt. Jude Children's Research HospitalBioMarin RareConnections program partners
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