BioMarin Wins FDA Panel Vote, Cuts Deal With Myriad

By | November 20, 2013

BioMarin Pharmaceutical (BMRN) stock was up nearly 4% in midday trading on the stock market today, after the biotech won an FDA panel vote and announced a new deal with Myriad Genetics (MYGN). Late Tuesday, an advisory panel to the FDA recommended approving Vimizim, a treatment for a rare genetic disease called Morquio syndrome. The disease, which retards growth and causes skeletal deformities, is currently treated only with palliative measures,

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BioMarin Wins FDA Panel Vote, Cuts Deal With Myriad