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home / news releases / XBI - BioMarin's Solid Pipeline Bears The First Fruit

XBI - BioMarin's Solid Pipeline Bears The First Fruit

SPDR Series Trust S&P Biotech
  • On Friday, BioMarin Pharmaceutical received a positive CHMP opinion in Europe for ValRox for Hemophilia type A treatment.
  • According to the last report, the core portfolio looks solid.
  • Vozxogo remains the main driver of revenue growth this year.
  • If approved in Europe, the start of ValRox's sales will probably begin as early as Q4.
  • As a result, considering all potential drivers and risks, I continue to maintain my bullish view on BioMarin shares.

For further details see:

BioMarin's Solid Pipeline Bears The First Fruit
Stock Information
Company Name: SPDR Series Trust S&P Biotech
Stock Symbol: XBI
Market: NYSE
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