BioMarin Pharmaceutical Inc.
51.86-1.63 (-3.05%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · BMRN · USD
Key Stats
Market Cap
9.96BP/E (TTM)
19.28Basic EPS (TTM)
2.69Dividend Yield
0%Recent Filings
8-K
Q3 revenues rise 4%; ROCTAVIAN divestiture
BioMarin reported Q3 2025 revenues of $776 million, up 4% year-over-year, fueled by 15% growth in VOXZOGO to $218 million and 20% in PALYNZIQ to $109 million, though offset by declines in ALDURAZYME and NAGLAZYME from order timing. A $221 million IPR&D charge from the Inozyme acquisition flipped GAAP results to a $31 million net loss, yet non-GAAP income held at $22 million. The company raised full-year revenue guidance midpoint to $3,175 million while pursuing ROCTAVIAN divestiture to sharpen focus on high-growth units. Portfolio refocus sharpens.
8-K
CFO to temporarily lead accounting
BioMarin Pharmaceutical's Group Vice President and Chief Accounting Officer, Erin Burkhart, resigned voluntarily on August 5, 2025, effective September 2, 2025, with no disagreements cited. The company plans to search for a successor; if none is found by then, CFO Brian Mueller will temporarily assume the principal accounting officer role without extra pay. This smooth transition underscores steady leadership amid routine executive shifts.
10-Q
Q2 FY2025 results
BioMarin posted solid Q2 FY2025 results, with total revenues climbing 16% y/y to $825.4M on $813.0M net product sales, fueled by VOXZOGO up 20% y/y to $221.4M and VIMIZIM up 21% y/y to $215.4M, while gross margin held steady at 81.8%. Operating income surged 130% y/y to $276.9M, reflecting R&D cuts of 12% y/y to $161.3M and SG&A down 12% y/y to $232.3M, driving diluted EPS to $1.23, up 124% y/y and reconciling to 197.1M weighted shares. Cash from operations for the half-year hit $359.7M, up 117% y/y, with free cash flow of $325.8M (derived) and cash plus equivalents at $1.2B, against $596.2M long-term convertible debt due 2027 at 1.25%. The July 2025 Inozyme acquisition closed for $270.0M all-cash, adding BMN 401 enzyme therapy with no goodwill or intangibles yet recognized. Yet regulatory hurdles for new indications remain a key risk.
8-K
Strong Q2 results, raised guidance
BioMarin reported Q2 2025 revenues of $825 million, up 16% year-over-year, fueled by 20% VOXZOGO growth and 15% enzyme therapy gains, while GAAP EPS surged 124% to $1.23. The company completed its Inozyme acquisition on July 1, bolstering the pipeline with BMN 401 for ENPP1 Deficiency, pivotal data eyed in H1 2026. BMN 333 hit key exposure targets in Phase 1, paving for a pivotal achondroplasia study in H1 2026. BioMarin raised full-year guidance, excluding IPR&D charges; cash hit $1.9 billion.
8-K
BioMarin appoints new board member
BioMarin Pharmaceutical expanded its board from ten to eleven members, appointing Ian T. Clark effective August 1, 2025, and assigning him to the Audit and Science and Technology Committees. Clark receives standard non-employee director fees plus a $400,000 RSU grant vesting before the next annual meeting. This addition bolsters governance oversight. No related party ties disclosed.
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