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BioMarin acquires Zacharon for $10mm in cash, plus earn-outs

Executive Summary

To help strengthen its development of drug candidates for lysosomal storage diseases (LSDs), BioMarin Pharmaceutical Inc. (rare disease therapies) is buying glycobiology specialist Zacharon Pharmaceuticals Inc. for $10mm in cash plus up to $134mm in earn-outs based on clinical, regulatory, and commercial achievements.

Deal Industry
  • Pharmaceuticals
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
  • Biotechnology
    • Drug Discovery Tools
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Earnout
    • Intra-Biotech Deal
    • Payment Includes Cash

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