Biomarin Pharmaceutical Inc (MIL:1BMRN)

€ 70.52 0 (0%) Market Cap: 13.26 Bil Enterprise Value: 13.31 Bil PE Ratio: 70.58 PB Ratio: 2.82 GF Score: 62/100

Biomarin Pharmaceutical Inc at Morningstar Management Behind the Moat Conference (Virtual) Transcript

Sep 30, 2020 / 05:00PM GMT

Transcript

Karen Andersen;Brian R. Mueller

Morningstar Inc., Research Division - Sector Strategist;

Hi, everyone. Good morning or good afternoon, and welcome to our session with BioMarin. I'm Karen Andersen, and I cover biotech as a health care strategist at Morningstar. So BioMarin, in case you're not familiar, they've built a business with several approved treatments for rare diseases, and they have a growing gene therapy pipeline as well. So we've awarded them a narrow moat rating due to their competitive advantages in their spaces.

And we're joined today by Brian Mueller. So Brian has been at BioMarin for close to 18 years, I think, and is currently serving as the firm's Chief Financial Officer. Traci McCarty is also here. She's VP of Investor Relations. So Brian planned a short presentation. And after that, we can follow up with a few questions until we hit our 45-minute mark. Please feel free to submit questions. You can type them into the platform, and I can incorporate them into the discussion with Brian after the slide. So with that, I'll turn it over to Brian.

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