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BioMarin sells Priority Review Voucher for $125M

Published 11/27/2017, 09:20 AM
© Reuters.  BioMarin sells Priority Review Voucher for $125M
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  • BioMarin Pharmaceutical (NASDAQ:BMRN) inks an agreement with an unnamed buyer to sell its Rare Pediatric Disease Priority Review Voucher for $125M. The company received the voucher from the FDA when it approved Brineura (cerliponase alfa) for the treatment of late infantile neuronal ceroid lipofuscinosis type 2 (CLN2), a form of Batten disease, in April.
  • The transaction is the second for the company. It sold its first Priority Review Voucher in 2014 to Regeneron for $67.5M that it earned after the FDA approved Vimizim (elosulfase alfa) for Morquio A syndrome.
  • Previously: FDA OKs BioMarin's cerliponase alfa for type of Batten disease; shares ahead 1% (April 27)
  • Now read: Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q3 2017 Update


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