Pharmaceutical Processing World

  • Home
  • Regulatory
    • Recalls
  • Pharmaceutical Processing
  • Facility
  • Supply Chain
  • Equipment and Materials
  • Contract Manufacturing
  • R&D 100 Awards

BioMarin Buys Zacharon in $10M Deal

By Pharmaceutical Processing | January 8, 2013

SAN RAFAEL, Calif. (AP) — BioMarin Pharmaceutical Inc. said Monday that it bought privately held biotechnology firm Zacharon Pharmaceuticals for $10 million.

The deal will expand BioMarin’s expertise and drug development efforts.

Zacharon, based in San Diego, is focused on research to help develop drugs to treat metabolic disorders, nervous system and neurological diseases.

BioMarin for all of Zacharon’s share capital up front and may make further payments in the future for clinical, regulatory and commercial milestones.

Shares of the San Rafael, Calif.-based pharmaceutical company fell 40 cents to close at $52.14. The stock has traded in a 52-week range of $31.91 to $53.45.

 

 

Related Articles Read More >

vaccine
U.S. government makes an additional 442,000 monkeypox vaccine doses available 
A Zipline fixed-wing drone in the air drops a package
Cardinal Health starts Zipline drone deliveries of drugs and medical supplies
Pfizer logo
Pfizer to spend $120M to make COVID-19 oral treatment in U.S.
Image of MedTrace Pharma's P3 automated delivery system for 15-O water in action
MedTrace Pharma moves forward on 15 O-water imaging tech

DeviceTalks Tuesdays

DeviceTalks Tuesdays

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.

Need Pharmaceutical Processing news in a minute?

We Deliver!
Pharmaceutical Processing Enewsletters get you caught up on all the mission critical news you need. Sign up today.
Enews Signup
Pharmaceutical Processing World
  • Subscribe to Our Free E-Newsletter
  • Contact Us
  • About Us
  • Advertise With Us
  • R&D World
  • Drug Delivery Business News
  • Drug Discovery & Development
  • DeviceTalks
  • MassDevice
  • Medical Design & Outsourcing
  • MEDICAL TUBING + EXTRUSION
  • Medical Design Sourcing
  • Medtech100 Index

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Pharmaceutical Processing World

  • Home
  • Regulatory
    • Recalls
  • Pharmaceutical Processing
  • Facility
  • Supply Chain
  • Equipment and Materials
  • Contract Manufacturing
  • R&D 100 Awards