BioMarin acquires an experimental drug for a rare bone disorder from Alesta in a $275 million deal, enhancing its pipeline focused on muscle and skeletal diseases. This acquisition targets a significant patient population, aligning with BioMarin's strategic growth objectives.
The Alesta buyout helps restock BioMarin's pipeline with an asset it says could “reach our largest addressable patient population,” joining other muscle and skeletal disease treatments in development.
Original title: “BioMarin acquires experimental drug for rare bone disorder in $275M deal”