BioMarin Announces Public Offering of Common Stock

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Genzyme (SNY) Receives EC Marketing Approval for Cerdelga Caps

January 22, 2015 7:46 AM EST

Genzyme, a Sanofi company Sanofi (NYSE: SNY), announced that the European Commission (EC) has granted marketing authorization for Cerdelga (INN: eliglustat) capsules, a first line oral therapy for certain adults living with Gaucher disease type 1. A small number of adult patients who metabolize Cerdelga more quickly or at an undetermined rate, as detected by an established genetic laboratory test, will not be eligible for Cerdelga treatment. Cerdelga was approved by the U.S. Food and Drug Administration in August 2014, and is under review by other regulatory authorities around the world. It is expected that... More

BioMarin Pharma (BMRN) Prices Larger 8.5M Common Offering at $93.25/Share

January 22, 2015 6:29 AM EST

BioMarin Pharma (Nasdaq: BMRN) announced the pricing of an underwritten public offering of 8,500,000 shares of its common stock at price of $93.25 per share. The gross proceeds to BioMarin from this offering are expected to be approximately $792.6 million, before deducting underwriting discounts and commissions and... More