BioMarin Pharmaceutical Inc., a biotechnology company, engages in the development and commercialization of therapies for life-threatening rare diseases and medical conditions in the United States, Europe, Latin America, the Middle East, the Asia Pacific, and internationally. The company’s products include VIMIZIM, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; VOXZOGO, a once daily injection analog of c-type natriuretic peptide (CNP) for the treatment of achondroplasia; NAGLAZYME, a recombinant form of N- acetylgalactosamine 4-sulfatase for patients with MPS VI; and PALYNZIQ, a PEGylated recombinant phenylalanine (Phe) ammonia lyase enzyme delivered through subcutaneous injection to reduce blood Phe concentrations. It also develops BRINEURA, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; ALDURAZYME, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase; KUVAN, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria, an inherited metabolic disease; and ROCTAVIAN, an adeno associated virus vector for the treatment of severe hemophilia A. The company’s products under development include BMN 333, a longer-acting CNP for the treatment of multiple growth disorders, such as achondroplasia and hypochondroplasia; BMN 349, an oral therapeutic for the treatment of liver disease associated with alpha-1 antitrypsin deficiency; and BMN 351, an oligonucleotide for the treatment of duchenne muscular dystrophy. It serves specialty pharmacies, hospitals, non-U.S. government agencies, distributors, and pharmaceutical wholesalers. The company has license and collaboration agreements with Catalyst Pharmaceutical Partners, Inc., and Ares Trading S.A. The company was incorporated in 1996 and is based in San Rafael, California.
Rare Disease Pionee | BioMarin's focus on innovative therapies for rare diseases positions it as a leader in this niche market, with strong financial performance and a promising pipeline |
Voxzogo's Potential | Explore how BioMarin's flagship product, Voxzogo, drives revenue growth and expansion plans, with sales projected to reach $900-950 million in 2025 |
Pipeline Progress | Delve into BioMarin's diverse pipeline, including BMN 333 and BMN 351, which could solidify the company's position in achondroplasia treatment and open new market segments |
Analyst Optimism | Discover why analysts maintain positive outlooks, with price targets ranging from $70 to $115, despite challenges from competition and regulatory hurdles |
Metrics to compare | BMRN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBMRNPeersSector | |
|---|---|---|---|---|
P/E Ratio | 22.1x | 18.4x | −0.5x | |
PEG Ratio | 0.37 | 0.44 | 0.00 | |
Price/Book | 1.9x | 2.2x | 2.6x | |
Price / LTM Sales | 3.7x | 2.4x | 3.3x | |
Upside (Analyst Target) | 56.4% | 18.0% | 47.0% | |
Fair Value Upside | Unlock | 37.9% | 6.1% | Unlock |