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Why BioMarin Pharmaceutical (BMRN) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-28 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are ...
Is the Options Market Predicting a Spike in BioMarin (BMRN) Stock?
ZACKS· 2024-08-23 13:01
Investors in BioMarin Pharmaceutical Inc. (BMRN) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $40.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. ...
BioMarin Announces New R&D and Business Development Leadership
Prnewswire· 2024-08-21 12:30
Greg Friberg, M.D., Appointed EVP, Chief Research & Development Officer as Hank Fuchs, M.D., Will Retire After 15 Years at Company James Sabry, M.D., Ph.D., Appointed EVP, Chief Business Officer SAN RAFAEL, Calif., Aug. 21, 2024 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) today announced the appointments of Greg Friberg, M.D., as Executive Vice President, Chief Research & Development Officer, succeeding Hank Fuchs, M.D., and James Sabry, M.D., Ph.D., as Executive Vice President, Chief Busine ...
BioMarin to Host 2024 Investor Day on September 4th in New York
Prnewswire· 2024-08-19 13:00
-Event to be webcast live and a replay will be available SOURCE BioMarin Pharmaceutical Inc. SAN RAFAEL, Calif., Aug. 19, 2024 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) will host an Investor Day with financial analysts and institutional investors on Wednesday, September 4, 2024, in New York City from 10:30 am to 1:00 pm Eastern Time. The event will feature presentations from members of the executive management team and will highlight BioMarin's pipeline, strategic plans, growth opportuniti ...
Here's Why You Should Invest in BioMarin (BMRN) Stock Now
ZACKS· 2024-08-13 15:36
BioMarin Pharmaceutical's (BMRN) dwarfism drug Voxzogo is driving the company's top line on the back of strong demand. The recent label expansion to Voxzogo for use in infants with achondroplasia is likely to boost sales further in the days ahead. Meanwhile, after several delays, the FDA approved BMRN's Roctavian, a gene therapy for treating hemophilia A last June. The company also has an attractive early-stage pipeline with a focus on gene therapies. Here are some reasons why investors should consider bett ...
Why BioMarin Pharmaceutical (BMRN) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-08-13 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...
BioMarin (BMRN) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-08-12 17:50
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...
Rare Disease-Focused BioMarin Narrows Sales Focus, Cuts Cost For Hemophilia A Gene Therapy; Lifts Annual Guidance
Benzinga· 2024-08-06 19:06
BioMarin Pharmaceutical Inc. BMRN announced an update on its Roctavian business to focus commercial operations on three markets: the U.S., Germany and Italy. These markets are where the medicine is approved and reimbursed as a severe hemophilia A treatment. The company will adjust its Roctavian efforts and reduce additional investments in development and manufacturing. BioMarin anticipates reducing annual direct Roctavian expenses to approximately $60 million beginning in 2025. The company has already begun ...
BioMarin (BMRN) Q2 Earnings & Sales Top Estimates, Ups '24 View
ZACKS· 2024-08-06 15:35
BioMarin Pharmaceutical Inc. (BMRN) reported adjusted earnings per share of 96 cents in second-quarter 2024, beating the Zacks Consensus Estimate of 57 cents. Quarterly earnings, which rose 78% year over year, were driven by higher sales that were partially offset by rising operating expenses. Total revenues were $712.0 million in the reported quarter, up 20% year over year on a reported basis and 25% on a constant-currency basis. Strong sales of Voxzogo drove this upside. The top line beat the Zacks Consen ...
BioMarin Pharmaceutical(BMRN) - 2024 Q2 - Earnings Call Transcript
2024-08-06 01:35
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Q2 2024 Results Conference Call August 5, 2024 5:30 PM ET Company Participants Traci McCarty - Head of Investor Relations Alexander Hardy - President and Chief Executive Officer Hank Fuchs - President, Worldwide Research & Development Brian Mueller - Executive Vice President, Chief Financial Officer Cristin Hubbard - Executive Vice President, Chief Commercial Officer Conference Call Participants Phil Nadeau - TD Cowen Salveen Richter - Goldman Sachs Ellie Merle - U ...