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-0.000762324241910922 -0.00127054040318475 -0.00152464848382172 0.00389632390310019 0.00711502625783503 0.00423513467728274 0.00423513467728274 0.00423513467728274
Stock impact report

BioMarin: Amicus Buyout Sparks My Enthusiasm [Seeking Alpha]

BioMarin Pharmaceutical Inc. (BMRN) 
Last biomarin pharmaceutical inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.biomarin.com
Company Research Source: Seeking Alpha
It has an extensive portfolio of enzyme replacement therapies, including Palynziq, Vimizim, and Brineura. For example, sales of Brineura, approved for CLN2 disease, reached $48 million in Q3, up 29.7% year-on-year. And in my opinion, the acquisition of Amicus for $4.8 billion significantly strengthened and rejuvenated BioMarin's ERTs portfolio. As a result, I'm initiating coverage of BioMarin with a 'Buy' rating. Martin Barraud/OJO Images via Getty Images BioMarin Pharmaceutical ( BMRN ) is my favorite in the rare disease therapeutics market thanks to Voxzogo, Palynziq, and Brineura. But despite the solid performance of this 'trio,' its shares have fallen 35.5% over the past year and a half. In my This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinion Show less Read more
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