BioMarin Pharmaceutical

BioMarin Pharmaceutical Inc. is an American biotechnology company headquartered in San Rafael, California. It has offices and facilities in the United States, South America, Asia, and Europe. BioMarin's core business and research is in enzyme replacement therapies (ERTs). BioMarin was the first company to provide therapeutics for mucopolysaccharidosis type I (MPS I), by manufacturing laronidase (Aldurazyme, commercialized by Genzyme Corporation). BioMarin was also the first company to provide therapeutics for phenylketonuria (PKU).

BioMarin Pharmaceutical Inc.
Company typePublic
Traded as
  • Nasdaq: BMRN
  • Russell 1000 component
IndustryBiotechnology
FoundedMarch 1997 (1997-03)
Founders
  • Christopher Starr, Ph.D.
  • Grant W. Denison Jr.
HeadquartersSan Rafael, California, U.S.
Key people
  • Alexander Hardy (CEO & president)
  • Jean-Jacques Bienaimé (chairman)
  • Daniel Spiegelman (EVP & CFO) Brian R. Mueller (SVP, finance & CAO)
Products
Revenue US$1.860 Billion (Fiscal Year Ended December 31, 2020)
–US$36.765 Million (Fiscal Year Ended December 31, 2020)
Net income
US$0.859 Billion (Fiscal Year Ended December 31, 2020)
Total assets US$5.848 Billion (Fiscal Year Ended December 31, 2020)
Total equity US$4.106 Billion (Fiscal Year Ended December 31, 2020)
Number of employees
2,581 (2017)
Websitebiomarin.com
Footnotes / references

Over the years, BioMarin has been criticised for drug pricing and for specific instances of denying access to drugs in clinical trials.

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