Catalyst

Slingshot members are tracking this event:

FDA Approves Biomarin's (BMRN) Palynziq (pegvaliase-pqpz) Injection for Treatment of Adults with Phenylketonuria (PKU)

Do you think this event is important to the companies below? How will it affect their stock price?

Related Companies
Importance
High Medium Low
Impact on Stocks
BMRN

100%

Additional Information

Additional Relevant Details BioMarin Pharmaceutical Inc. (Nasdaq:BMRN) today announced that BioMarin received standard approval from the U.S. Food and Drug Administration (FDA) for Palynziq™ (pegvaliase-pqpz) Injection to reduce blood phenylalanine (Phe) concentrations in adult patients with phenylketonuria (PKU), who have uncontrolled blood Phe concentrations greater than 600 micromol/L on existing management. Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, is the first approved enzyme substitution therapy to target the underlying cause of PKU by helping the body to break down Phe. Palynziq is BioMarin's second approved treatment for this important condition.
http://investors.bio...
Slingshot Insights Explained
Catalyst Date
Occurred on:
May 24, 2018
Related Projects Image
  • Don’t see a project related to the catalyst you care about?

Related Keywords Pegvaliase-pqpz, Palynziq, Phenylketonuria