Drug For Short-Limbed Dwarfism From Biomarin Wins European Approval

Comments
Loading...
  • The European Commission (EC) has approved BioMarin Pharmaceutical Inc's BMRN Voxzogo (vosoritide) once-daily injection to treat achondroplasia.
  • The approval covers children from 2 years until growth plates are closed, which occurs after puberty when children reach final adult height.
  • Voxzogo is a modified C-type natriuretic peptide (CNP) that directly downregulates fibroblast growth factor receptor 3 (FGFR3) signaling and promoting endochondral bone formation. 
  • The FDA's US application for Voxzogo is under review with a target action date of November 20.
  • Related content: Benzinga's Full FDA Calendar
  • Price Action: BMRN stock is up 6.48% at $83.98 on the last check Friday.
Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!