Biomarin awaits crucial approvals and flat growth in 2021

2021 could turn out to be an important year for Biomarin, which expects to get a growth hormone against dwarfism approved on the one hand, while battling health authorities in the US and the EU on the other, as the firm attempts to get approvals for its gene therapy against hemophilia.

Photo: Manuel Balce Ceneta/AP/Ritzau Scanpix

In 2020, Biomarin's revenue has increased from USD 1.7bn to USD 1.9bn, which is the highest revenue in the history of the still-growing US company.

The record year came about in spite of the company retreating in Q4 due to postponed orders and competition from generics.

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