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Making U.S. biotech more competitive with China's could help rare disease patients, experts say [CNBC]
Last biomarin pharmaceutical inc. earnings: 4/29 04:01 pm
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US:NASDAQ Investor Relations: investors.biomarin.com
China is pumping money into its biotech industry, helping launch a new wave of labs and incubators in the country. Experts say this could slow down American innovation in the biotech space. China's growth presents a conundrum for rare disease patients. The growth of China's biotechnology sector has been staggering. Beijing is pumping money into the industry, backing research efforts and helping launch a new wave of labs and incubators in the country. That's a problem for the U.S. biotech industry and also affects rare disease patients who are waiting for a cure. Among the experts speaking out against China's growing influence in the biotech sector is John Crowley, CEO of the lobbying group Biotechnology Innovation Organization, or BIO. Crowley is something of a rock star in the rare disease community. His story is as incredible as it is inspiring. When Crowley and his wife were told his two young children had Pompe disease, a fatal genetic disorder, Crowley left his job i
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- BioMarin Pharmaceutical (NASDAQ:BMRN) was upgraded by analysts at Canaccord Genuity Group Inc. from a "hold" rating to a "buy" rating. They now have a $98.00 price target on the stock, up previously from $84.00.[MarketBeat]
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- 12/22/25 - Form 8-K
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