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BioMarin buys ZyStor for $22mm plus potential earnouts

Executive Summary

BioMarin Pharmaceutical Inc. (orphan diseases) is paying $22mm up front in cash to acquire private biotech ZyStor Therapeutics Inc., which is focused on enzyme replacement therapies (ERT) for lysosomal storage disorders. BioMarin could spend another $93mm if certain development, regulatory, and commercial milestones are met.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Intra-Biotech Deal
    • Includes Earnout
    • Payment Includes Cash
    • Acquisition of Private Biotech
    • Full Acquisition

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