
BioMarin Pharmaceutical
Founded Year
1996Stage
PIPE | IPOTotal Raised
$21MMarket Cap
16.71BStock Price
88.82Revenue
$0000About BioMarin Pharmaceutical
BioMarin (NASDAQ: BMRN) develops and commercializes biopharmaceuticals for serious diseases and medical conditions, focusing on product candidates that address currently unmet medical needs; suggest a clear-cut development profile; and provide an opportunity to be first-to-market. In addition, most of BioMarin's therapeutic products qualify for fast-track designation and orphan drug status from the U.S. Food and Drug Administration (FDA), which, if granted, would provide these products accelerated development timelines and potential market exclusivity for seven years, respectively.
BioMarin Pharmaceutical Patents
BioMarin Pharmaceutical has filed 158 patents.
The 3 most popular patent topics include:
- Rare diseases
- Autosomal recessive disorders
- Transcription factors

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
5/8/2019 | 8/29/2023 | Amino acid metabolism disorders, Autosomal recessive disorders, Rare diseases, Neurotransmitters, Olfactory receptors | Grant |
Application Date | 5/8/2019 |
---|---|
Grant Date | 8/29/2023 |
Title | |
Related Topics | Amino acid metabolism disorders, Autosomal recessive disorders, Rare diseases, Neurotransmitters, Olfactory receptors |
Status | Grant |
Latest BioMarin Pharmaceutical News
Sep 19, 2023
Search jobs 19-Sep-2023 BioMarin Receives Positive CHMP Opinion in Europe to Expand Use of VOXZOGO® (vosoritide) to Treat Children Aged 4 Months and Older with Achondroplasia European Commission Approval Decision Expected Q4 2023 Opinion Based on Positive Results from Global Phase 2 and Ongoing Extension Study SAN RAFAEL, Calif., [September 15, 2023] – BioMarin Pharmaceutical Inc. (Nasdaq: BMRN), a global biotechnology company dedicated to transforming lives through genetic discovery, today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion recommending marketing authorization to expand the indication for VOXZOGO® (vosoritide) for injection to treat children with achondroplasia aged 4 months and older whose epiphyses (growth plates) are not closed. The diagnosis of achondroplasia should be confirmed by appropriate genetic testing. A final approval decision, typically consistent with the CHMP recommendation, is expected from the European Commission in the fourth quarter of 2023. VOXZOGO is currently approved in Europe in children with achondroplasia who are 2 years of age and older with open growth plates. “The expansion of VOXZOGO to allow physicians to begin treatment earlier offers the possibility of increased growth and other potential important long-term benefits,” said Hank Fuchs, M.D., president of Worldwide Research and Development at BioMarin. “We look forward to the final approval decision from the European Commission, as well as a decision from the FDA, later this year. These approvals have the potential to further advance care by reaching very young children with achondroplasia.” Since the introduction of VOXZOGO in 2021, the company has seen strong demand for the medicine worldwide. Over the last few weeks, BioMarin has increased fill-finish commitments and is continuing to work with the company’s fill-finish provider to meet additional demand. VOXZOGO is the only approved treatment that addresses the underlying cause of achondroplasia. The CHMP based its opinion on data and outcomes from the randomized, double-blind, placebo-controlled Phase 2 clinical trial (111-206) in children aged 4 months to 5 years that showed an improvement in height Z-score of approximately 0.3 standard deviations (SDS) across all age groups after one year of treatment. The application also included longer-term data from the ongoing extension study (111-208). “For the first time, very young children with achondroplasia may have access to a treatment that has the potential to address the root cause of the condition,” said Klaus Mohnike, professor of pediatrics at Magdeburg University Hospital in Germany and investigator for the VOXZOGO clinical program. “This is a remarkable step forward in our approach to treating achondroplasia.” VOXZOGO Safety Safety profile was favourable for treatment with Vosoritide. The most common adverse events were mild and self-limiting injection site reactions. See the EU (European Union) Summary of Product Characteristics for additional safety information. Description of Phase 2 Study in Infants and Toddlers The 52-week phase 2 study enrolled 75 infants and young children with achondroplasia, aged zero to less than five years old (60 months). The study consisted of three cohorts by age (24 months to less than 5 years, 6 months to less than 24 months, less than 6 months) and was followed by a subsequent open-label extension trial where all children received active treatment. The objectives of the study were to evaluate safety, tolerability, and the effect of VOXZOGO on growth. The study also evaluated proportionality, functionality, quality of life, sleep apnea, and foramen magnum dimension, as well as the advent of major illnesses and surgeries which frequently occur in children with achondroplasia. About VOXZOGO® (vosoritide) for Injection In individuals with achondroplasia, endochondral bone growth, an essential process by which bone tissue is created, is negatively regulated due to a gain of function mutation in fibroblast growth factor receptor 3 gene (FGFR3). VOXZOGO, a C-type natriuretic peptide (CNP) analog, represents a new class of therapy, which acts as a positive regulator of the signaling pathway downstream of FGFR3 to promote endochondral bone growth. Through BioMarin's broad clinical development program, the company has enrolled 250 children with achondroplasia from eight countries in seven clinical studies evaluating the safety and efficacy of VOXZOGO. VOXZOGO is currently approved in Europe in children with achondroplasia who are 2 years of age and older with open growth plates. About Achondroplasia Achondroplasia is the most common form of skeletal dysplasia.1 It is characterized by inhibited endochondral ossification,2 which results in clinical features including disproportionate short stature, shortened limbs and an enlarged head (macrocephaly).2 The condition is caused by a change in the fibroblast growth factor receptor 3 gene (FGFR3), a negative regulator of bone growth. 2 Up to 80% of children with achondroplasia have parents of average stature and have the condition as the result of a spontaneous gene mutation.1 The worldwide incidence rate of achondroplasia is about one in 25,000 live births.1 VOXZOGO is being tested in children whose growth plates are still "open," typically those under 18 years of age. Approximately 25% of people with achondroplasia fall into this category. About BioMarin Founded in 1997, BioMarin is a global biotechnology company dedicated to transforming lives through genetic discovery. The company develops and commercializes targeted therapies that address the root cause of genetic conditions. BioMarin's unparalleled research and development capabilities have resulted in eight transformational commercial therapies for patients with rare genetic disorders. The company's distinctive approach to drug discovery has produced a diverse pipeline of commercial, clinical, and pre-clinical candidates that address a significant unmet medical need, have well-understood biology, and provide an opportunity to be first-to-market or offer a substantial benefit over existing treatment options. For additional information, please visit https://protect-eu.mimecast.com/s/oqvACwkAzIOlq3SVQ8qM?domain=biomarin.eu . Forward-Looking Statements This press release contains forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. (BioMarin), including, without limitation, statements about: the development of BioMarin’s VOXZOGO program, including (i) BioMarin’s expectations regarding timing and the ability to obtain final approval decision from the European Commission for the marketing authorization to expand the indication for VOXZOGO, and (ii) BioMarin’s expectations regarding the PDUFA Target Action Date with respect to its sNDA for VOXZOGO to expand treatment in the United States to include children with achondroplasia under the age of 5 years; the potential impact of obtaining final approvals for expanded indications from the European Commission and the FDA, including BioMarin’s expectations regarding the number of additional children with achondroplasia that could be prescribed with VOXZOGO and related potential benefits; the potential benefits of VOXZOGO for children with achondroplasia, including the duration of such benefits and potential improvement in proportionality; and the continued clinical development of VOXZOGO. These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: results and timing of current and planned preclinical studies and clinical trials of VOXZOGO; any potential adverse events observed in the continuing monitoring of the patients in the clinical trials; the content and timing of decisions by the FDA, the EMA, the European Commission and other regulatory authorities; and those factors detailed in BioMarin’s filings with the Securities and Exchange Commission (SEC), including, without limitation, the factors contained under the caption “Risk Factors” in BioMarin’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, as such factors may be updated by any subsequent reports. Stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. BioMarin is under no obligation, and expressly disclaims any obligation to update or alter any forward-looking statement, whether as a result of new information, future events or otherwise. BioMarin® and VOXZOGO® are registered trademarks of BioMarin Pharmaceutical Inc. References Cormier-Daire V et al. Optimising the diagnosis and referral of achondroplasia in Europe: European Achondroplasia Forum best practice recommendations. Orphanet J Rare Dis. 2022 Jul 27;17(1):293. Savarirayan R et al. C-type natriuretic peptide analogue therapy in children with achondroplasia. N Engl J Med 2019;381(1):25-35. Editor Details
BioMarin Pharmaceutical Frequently Asked Questions (FAQ)
When was BioMarin Pharmaceutical founded?
BioMarin Pharmaceutical was founded in 1996.
Where is BioMarin Pharmaceutical's headquarters?
BioMarin Pharmaceutical's headquarters is located at 770 Lindaro St., San Rafael.
What is BioMarin Pharmaceutical's latest funding round?
BioMarin Pharmaceutical's latest funding round is PIPE.
How much did BioMarin Pharmaceutical raise?
BioMarin Pharmaceutical raised a total of $21M.
Who are the investors of BioMarin Pharmaceutical?
Investors of BioMarin Pharmaceutical include MPM Capital, LRG Capital Group, Equity4Life, Orbitex Financial Services Group, OrbiMed Advisors and 7 more.
Who are BioMarin Pharmaceutical's competitors?
Competitors of BioMarin Pharmaceutical include Biolog, Cerecin, Amberstone Biosciences, Unima, Array Biopharma and 14 more.
Compare BioMarin Pharmaceutical to Competitors
Scientists at Epeius Biotechnologies have developed a targeted delivery system (TDS) that can transport genes or other therapeutic agents directly to diseased areas in the body. This pathotropic, or disease-seeking, technology has enabled the company to develop Rexin-G, a tumor-targeted, injectable gene delivery system that has demonstrated remarkable safety and single-agent efficacy in clinical trials internationally. Rexin-G is currently in clinical trials for pancreatic cancer in the U.S. ƒƒ‚ƒš‚" where it has achieved FDA orphan drug status ƒƒ‚ƒš‚" and has accelerated approval in the Philippines for the treatment of all solid tumors that are resistant to standard chemotherapy. The company's international clinical outreach with Rexin-G has enabled us to expedite further demonstrations that Rexin-G is highly active in a broad spectrum of chemo-resistant tumor types with efficacy and excellent safety profiles. The company are a biopharmaceutical company focused on expanding the therapeutic utility and commercialization of the company's pathotropic approach to disease treatment through internal development and commercialization of the company's oncology products and cancer vaccines, and through strategic partnerships in additional areas of oncology, immunology, cardiovascular, ocular, and wound healing applications, precision targeted diagnostics, and stem cell technologies.
Emiliem operates as a biopharmaceutical company that is engaged in early oncology R&D. The company develops Molecular Targeted Therapeutics (MTTs) for oncology and other indications. MTTs are therapeutic agents that target biologically important processes central to the development and progression of cancer and other diseases. The company's clinical development strategy is focused on identifying patients most likely to respond to treatment and monitoring clinical outcome with specific biomarkers used as diagnostic assays.

Cellerant Therapeutics is a clinical stage biotechnology company focused on the regulation of the hematopoietic (blood-forming) system. The Company is developing human stem cell and antibody therapies for oncology applications and blood-related disorders. Cellerant's lead product, CLT-008 is currently in two Phase 1 clinical trials in patients with hematological malignancies. The Company also has a Cancer Stem Cell (CSC) antibody discovery program focused on therapies for acute myeloid leukemia, multiple myeloma and myelodysplastic syndrome.
Nuvelo, Inc. is dedicated to improving the lives of patients through the discovery, development and commercialization of novel drugs for acute cardiovascular and cancer therapy. Nuvelo's development pipeline includes alfimeprase, a direct-acting fibrinolytic for the treatment of thrombotic- related disorders including acute ischemic stroke and catheter occlusion and preclinical candidates NU206 for the potential treatment of chemotherapy/radiation therapy-induced mucositis and inflammatory bowel disease and NU172, a direct thrombin inhibitor for use as a short-acting anticoagulant during medical or surgical procedures. In addition, Nuvelo expects to leverage its expertise in cancer antibody discovery to further expand its pipeline and create additional partnering and licensing opportunities.
Biosceptre has identified a pan-cancer target, present in many cancer types, and importantly not found in healthy tissue. Early research and initial evidence suggest that drugs directed at the nf-P2X7 target have the potential to redefine cancer therapy. The Company has raised AUD33m and will be raising further capital through both existing and new investors. Biosceptre has a rigorous, international patent portfolio extending to 2032, providing broad protection of the target and specific protection of antibody products. The Company is developing therapeutics and diagnostics to bind nf-P2X7, with the core of product development in topical and systemic cancer drugs. Biosceptreis also developing an immuno-oncology vaccine, through an existing collaboration, and is in discussions with developmental partners to develop diagnostic and imaging technologies to detect and monitor cancer. Biosceptre is supported by a world-class scientific advisory board, the members of which have been central in the development of numerous, highly successful, biotechnology companies and products. The Company has the team, capital, and plan to create substantial value from this unique, patent-protected, technology. The business is headquartered in Cambridge, UK with additional research facilities in Sydney, Australia.
Dialectica offers Neural Stem Cell-based Systems and Assays for drug screening in neurodegenerative diseases. The mission of Dialectica is to add value to the link between research and pharmaceutical and biotechnology companies that are active in the discovery of therapeutics for brain diseases. Dialectica develops and optimize Neural Stem Cell-based Systems and Assays for drug screening in neurodegenerative diseases.