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0.000339147286821672 -0.000387596899224867 0.00140503875968988 0.00116279069767446 0.00155038759689919 9.68992248062511E-05 -0.00305232558139533 -0.0035852713178295
Stock impact report

BioMarin: Gene Therapy Pipeline Driving Valuation Upside [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
Summary Screen shot from Forbes article linked BioMarin Pharmaceutical ( BMRN ) reported better than expected 2Q18 revenue and earnings though left guidance unchanged for calendar 2018. Palynziq was FDA-approved in May. BioMarin is targeting 2020 revenue of approximately $2 billion which is consistent with the June 2018 revenue growth of 16%. These results alone don’t justify the 20% rally since the first quarter results were announced. The most likely driver of this increase is the progress in gene therapy with Valoctocogene Roxaparvovec or BMN 270 for hemophilia A leading the way. This article is part of a series on genomic medicine which is poised to transform healthcare over the next two decades. My first article entitled Genomic Medicine: Catch the Gene Therapy Wave is a primer providing context for this article. June 2018 results BioMarin results for the June 2018 quarter were solid, beating both revenue and net loss consensus expectat Show less Read more
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