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BioMarin Pharmaceutical (BMRN) Agrees $490 Million Deal For Oral Rare Bone Disease Program

yf_tkr_BMRN · 2026-08-21 · Bullish AI sentiment

$BMRN

BioMarin Pharmaceutical (NasdaqGS:BMRN) agreed to acquire Alesta Therapeutics for up to US$490 million to expand its rare disease portfolio. The deal centers on ALE1, an oral small molecule candidate being developed as a potential first oral therapy for hypophosphatasia, a rare genetic bone disorder. BioMarin expects the acquisition to add an oral rare bone disease program to its clinical pipeline and to support its future growth plans. For readers looking to compare BioMarin with other...

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