BioMarin Pharmaceutical (BMRN) Price Target Raised to $145 at RBC

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BMN 111 (vosoritide) Improves Growth Velocity in Children With Achondroplasia in Phase 2 Study

June 17, 2015 4:01 PM EDT

- 50% Increase in mean annualized growth velocity in 15 µg/kg/daily dose group

- BMN 111 was well tolerated across all three dose cohorts

- Phase 2 findings support program advancement of 15µg/kg/daily dose into pivotal registration discussions with health authorities

- Investor conference call to be held today, June 17, 2015 at 1:30pm PT/(4:30pm ET)

SAN RAFAEL, Calif., June 17, 2015 (GLOBE NEWSWIRE) -- BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) today announced positive results of a Phase 2 proof-of-concept and dose finding study of BMN 111... More