Biomarin Pharmaceutical Inc at Barclays Global Healthcare Conference Transcript

Mar 15, 2023 / 01:30PM GMT
Brian R. Mueller - BioMarin Pharmaceutical Inc. - Executive VP of Finance & CFO

As Gena mentioned, I'll start with just a few slides to orient you with the company, and then we'll -- I'll be brief so we can get into the Q&A. Briefly, forward-looking statements. I'll be making comments on BioMarin's future business prospects. So I definitely encourage you to review all of our disclosures in our SEC filings, including risk factors in our most recently filed Form 10-K.

I'll also comment on some non-GAAP financial measures. These are not meant to be reviewed in isolation or as a substitute for GAAP and are provided as supplemental information to highlight some of our operating performance.

So BioMarin is a best-in-class genetic disease company at an inflection point of transformative growth. Captured here are the 3 cornerstones to our investment thesis that I'll review with you briefly. It all starts with this solid, profitable IRA insulated and growing base business of mostly enzyme-based therapies that generate nearly $2 billion of revenue as well as positive operating cash flows.

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