VOXZOGO® (vosoritide)
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Cantor Fitzgerald Reiterates a Buy Rating for BioMarin Pharmaceutical (BMRN)
Yahoo Finance· 2025-10-18 01:54
Core Insights - BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is recognized as a promising healthcare stock with significant upside potential, despite a recent price target reduction from $90 to $80 by Cantor Fitzgerald analyst Olivia Brayer [1] - J.P. Morgan analyst Jessica Fye maintains a Buy rating with a higher price target of $119, indicating strong confidence in the stock [2] - BMO Capital analyst Kostas Biliouris also supports a Buy rating with a price target of $115, highlighting the company's growth prospects following positive data presentations [3] Company Developments - BioMarin presented new data from 14 studies at the ASBMR Annual Meeting, showcasing the effectiveness of VOXZOGO® (vosoritide) in improving spinal morphology in young children [3] - The potential expansion of Palynziq into the adolescent market is identified as a key growth driver, which could enhance BioMarin's market share [4] - The company focuses on developing therapies for serious medical conditions and rare diseases, with a product pipeline that includes Valoctocogene roxaparvovec, Vosoritide, and BMN 307 [4]
BioMarin Presents New Data for VOXZOGO® (vosoritide) in Children with Achondroplasia and Other Skeletal Conditions at Two International Endocrinology Meetings
Prnewswire· 2025-05-12 13:05
Core Insights - New data indicates that treatment with VOXZOGO significantly improves tibial bowing in children with achondroplasia, addressing a common source of pain and functional impairment [1][2] - A large observational study revealed higher rates of comorbidities, surgeries, and doctor visits in individuals with hypochondroplasia compared to those without [4] Group 1: VOXZOGO Treatment Efficacy - VOXZOGO treatment resulted in a significant reduction in tibial bowing in children compared to placebo, with sustained improvements observed over several years [2] - Continuous and early treatment with VOXZOGO is associated with sustained increases in annualized growth velocity (AGV), potentially leading to a height increase of 21.7 cm in girls and 26.4 cm in boys when treated from 6 months until final adult height [3] Group 2: Hypochondroplasia Insights - Research on hypochondroplasia indicates that individuals experience significantly higher rates of comorbidities and increased healthcare utilization, including more frequent doctor visits and surgeries [4][5] - Early diagnosis of hypochondroplasia is emphasized as critical for timely intervention and management [5] Group 3: Ongoing Research and Development - BioMarin is advancing its CANOPY clinical program for VOXZOGO, with ongoing studies in various conditions including hypochondroplasia and Turner syndrome, and plans to share topline data in 2026 [7] - VOXZOGO is currently approved in multiple regions for increasing linear growth in children with achondroplasia, with ongoing evaluations to confirm clinical benefits [15][19]