Last $65.55 USD
Change Today +0.55 / 0.85%
Volume 2.2M
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biomarin pharmaceutical inc (BMRN) Snapshot

Open
$65.67
Previous Close
$65.00
Day High
$69.79
Day Low
$64.94
52 Week High
05/14/13 - $71.56
52 Week Low
06/1/12 - $34.30
Market Cap
9.1B
Average Volume 10 Days
1.6M
EPS TTM
$-0.97
Shares Outstanding
139.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BIOMARIN PHARMACEUTICAL INC (BMRN)

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biomarin pharmaceutical inc (BMRN) Details

BioMarin Pharmaceutical Inc. develops and commercializes biopharmaceuticals for serious diseases and medical conditions in the United States, Europe, Latin America, and internationally. The company’s commercial products include Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase enzyme used for the treatment of mucopolysaccharidosis VI; Kuvan, a proprietary synthetic oral form of 6R-BH4 used to treat patients with phenylketonuria (PKU), a metabolic disease; Aldurazyme used for the treatment of mucopolysaccharidosis I, a genetic disease; and Firdapse used to treat Lambert Eaton Myasthenic Syndrome, an autoimmune disease. It also develops Vimizim, an enzyme replacement therapy that is in phase III clinical stage for the treatment of MPS IVA, a lysosomal storage disorder; PEG-PAL, an enzyme substitution therapy that is under Phase II clinical trial to treat PKU; BMN-701, an enzyme replacement therapy, which is under Phase I/II clinical trials for Pompe disease, a glycogen storage disorder; BMN-673, a clinical Phase I/II trial product for the treatment of cancer; and BMN-111, a peptide therapeutic that is under Phase I clinical trial for the treatment of achondroplasia. The company sells its Naglazyme, Kuvan, and Firdapse products to specialty pharmacies and end-users, such as hospitals and foreign government agencies, which act as retailers; and Naglazyme products to distributors and pharmaceutical wholesalers. It has a collaboration agreement with Genzyme Corporation for the manufacture of Aldurazyme; and an agreement with Merck Serono S.A. for the further development and commercialization of BH4 in Kuvan for PKU and for other indications, and PEG-PAL. BioMarin Pharmaceutical Inc. was founded in 1996 and is headquartered in San Rafael, California.

1,089 Employees
Last Reported Date: 02/26/13
Founded in 1996

biomarin pharmaceutical inc (BMRN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $821.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $600.5K
Chief Medical Officer and Executive Vice Pres...
Total Annual Compensation: $566.4K
Chief Commercial Officer and Senior Vice Pres...
Total Annual Compensation: $332.6K
Executive Vice President of Technical Operati...
Total Annual Compensation: $416.1K
Compensation as of Fiscal Year 2012.

biomarin pharmaceutical inc (BMRN) Key Developments

BioMarin Pharmaceutical Inc. Announces BMN-673 Data in Breast and Ovarian Cancers to Be Released at ASCO

BioMarin Pharmaceutical Inc. announced that data from its ongoing Phase 1/2 trial for BMN-673 for genetically-defined cancers will be released at the American Society of Clinical Oncology (ASCO) meeting in Chicago on June 3, 2013. At ASCO, the company will present data from 18 gBRCA breast cancer patients, including six patients from the dose escalation cohort at doses ranging from 25 ug to 1100 ug and twelve patients from the dose expansion cohort at a dose of 1.0 mg. Data will also be presented from 28 gBRCA ovarian cancer patients, including 17 patients from the dose escalation cohort and 11 patients from the dose expansion cohort.

BioMarin Pharmaceutical Inc. Presents at UBS Global Healthcare Conference, May-21-2013 09:00 AM

BioMarin Pharmaceutical Inc. Presents at UBS Global Healthcare Conference, May-21-2013 09:00 AM. Venue: Sheraton New York Hotel, 811 Seventh Avenue, New York, New York, United States. Speakers: Daniel K. Spiegelman, Chief Financial Officer and Executive Vice President.

BioMarin Pharmaceutical Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Reaffirms Earnings Guidance for the Year Ending December 31, 2013

BioMarin Pharmaceutical Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported GAAP net loss of $39.8 million or $0.31 per basic and diluted share compared to GAAP net loss of $24.0 million or $0.21 per basic and diluted share for the first quarter of 2012. Non-GAAP adjusted EBITDA was a loss of $8.0 million compared to non-GAAP adjusted EBITDA loss of $0.1 million for the first quarter of 2012. The increased GAAP net loss and the increased non-GAAP adjusted EBITDA loss for the first quarter of 2013 compared to the first quarter of 2012 was primarily due to increased net product revenue offset by a larger increase in research and development expenses. Loss from operations was $32.92 million compared to $21.87 million reported a year ago. Loss before taxes was $44.52 million compared to $24.01 million reported a year ago. Total revenues were $127.93 million compared to $116.65 million reported a year ago. LBITDA was $34.8 million compared to $6.0 million reported a year ago. The company reaffirmed earnings guidance for the year ending December 31, 2013. For the year, the company expects total revenue of $530 million to $555 million, research and development expense of $340 million to $380 million, GAAP net loss of $195 million to $170 million, non-GAAP adjusted LBITDA of $75 million to $50 million, interest expense, net, of $0.7 million, depreciation expense of $25.0 million, amortization expense of $10.5 million and LBITDA of $173.4 million to $148.4 million.

 

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Price/Sales 16.2x
Price/Book 7.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 16.6x
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