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BioMarin Posts '27 Biz View, Outlines Growth Plans for Next 10 Years
ZACKS· 2024-09-06 00:26
At its investor day event on Wednesday, BioMarin (BMRN) unveiled its long-term plans for growth, including potential drug approvals and revenue guidance over the next 10 years. Management also updated the company's organizational structure, splitting its existing business into three separate segments — skeletal conditions, enzyme therapies and Roctavian. Enzyme therapies include Aldurazyme, Brineura, Naglazyme, Palynziq and Vimizim. BMRN Boasts $5B+ Revenue Opportunity From Voxzogo Management expects Voxzog ...
BioMarin Holds Investor Day; Provides New Corporate Strategy and Introduces 2027 Financial Guidance
Prnewswire· 2024-09-05 01:00
NEW YORK, Sept. 4, 2024 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) hosted an Investor Day earlier today, where President and Chief Executive Officer Alexander Hardy and other members of BioMarin's leadership team provided an overview of the company's new corporate strategy to deliver sustained value creation and introduced longer-term Total Revenue and Non-GAAP Operating Margin guidance. A copy of the presentation and a replay of the webcast are available at investors.biomarin.com. "Over th ...
Why Is BioMarin (BMRN) Up 5.4% Since Last Earnings Report?
ZACKS· 2024-09-05 00:35
It has been about a month since the last earnings report for BioMarin Pharmaceutical (BMRN) . Shares have added about 5.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is BioMarin due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Q2 Earnings & Sales Top Estimates ...
Bet on These 5 Stocks With Upgraded Broker Ratings Right Now
ZACKS· 2024-09-02 21:22
Given the current upbeat market performance, it is difficult for retail investors to choose stocks independently and generate solid returns. For this, one has to understand the fundamentals of the company and try to place them against the current economic background to figure out how the stock may fare as an investment. One way to cut short this task is to follow brokers' recommendations. Stocks like Wolverine World Wide, Inc. (WWW) , BioMarin Pharmaceutical Inc. (BMRN) , Datadog, Inc. (DDOG) , Progressive ...
Here's Why BioMarin Pharmaceutical (BMRN) is a Strong Momentum Stock
ZACKS· 2024-08-29 22:51
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 popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores ...
Is BioMarin (BMRN) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-08-29 01:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth ...
Why BioMarin Pharmaceutical (BMRN) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-28 22:46
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 21:01
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 20:30
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 21:00
-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 ...