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Stock impact report

Analysts Grow More Bullish on BioMarin Pharmaceuticals Inc. (BMRN) After Amicus Acquisition [Yahoo! Finance]

Amicus Therapeutics, Inc. (FOLD) 
Last amicus therapeutics, inc. earnings: 11/11 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.amicusrx.com/investor-relations
Company Research Source: Yahoo! Finance
TheFly reported on December 19 that BMRN announced it will acquire Amicus Therapeutics in an all-cash transaction valued at approximately $4.8 billion, paying $14.50 per share. The deal strengthens BMRN's position in rare metabolic diseases by adding Amicus's two marketed therapies: Galafold for Fabry disease and the Pombiliti + Opfolda regimen for Pompe disease, which generated about $599 million in combined revenues over the past four quarters. The corporation expects the transaction to close in Q2 2026, be accretive to non-GAAP earnings per share within 12 months, and substantially accretive beginning in 2027. It also gains U.S. rights to DMX-200, a Phase 3 candidate for focal segmental glomerulosclerosis. Analysts largely praised the strategic fit. Leerink Partners, Oppenheimer, and Needham highlighted the deal's synergy with BioMarin Pharmaceuticals Inc. (NASDAQ:BMRN)'s global infrastructure and enzyme therapy focus, and its potential to boost sales and long-term growth. Con Show less Read more
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