BioMarin Pharmaceutical Inc. engages in the development and commercialization of therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company’s commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops Roctavian, an adeno associated virus vector, for the treatment of patients with severe hemophilia A. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. It has license and collaboration agreements with Sarepta Therapeutics; Ares Trading S.A.; Catalyst Pharmaceutical Partners, Inc.; and CAMP4 Therapeutics Corporation. The company was incorporated in 1996 and is headquartered in San Rafael, California.
Rare Disease Leade | BioMarin dominates the achondroplasia market with Voxzogo, projecting ambitious revenue growth to $4 billion by 2027 and $9-13 billion by 2034 |
Pipeline Potential | Explore BioMarin's diverse product portfolio and pipeline, including the promising BMN 333 in Phase 1, crucial for supporting long-term revenue growth |
Market Dynamics | Delve into BioMarin's competitive landscape, as rival therapies emerge and the company leverages its strong IP to maintain market leadership |
Growth Strategies | Learn about BioMarin's plans for organic pipeline development, strategic acquisitions under $1.5 billion, and cost rationalization to achieve 40%+ operating margin by 2026 |
Metrics to compare | BMRN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBMRNPeersSector | |
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P/E Ratio | 39.0x | −4.5x | −0.6x | |
PEG Ratio | 0.33 | −0.18 | 0.00 | |
Price/Book | 2.3x | 2.0x | 2.6x | |
Price / LTM Sales | 4.6x | 2.9x | 3.2x | |
Upside (Analyst Target) | 44.8% | 43.4% | 49.4% | |
Fair Value Upside | Unlock | 14.4% | 7.8% | Unlock |