Biomarin Pharmaceutical (MIL:1BMRN) Marketable Securities : €276 Mil (As of Mar. 2024)

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What is Biomarin Pharmaceutical Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Biomarin Pharmaceutical's Marketable Securities for the quarter that ended in Mar. 2024 was €276 Mil.

Biomarin Pharmaceutical's annual Marketable Securities increased from Dec. 2021 (€378 Mil) to Dec. 2022 (€535 Mil) but then declined from Dec. 2022 (€535 Mil) to Dec. 2023 (€292 Mil).

Biomarin Pharmaceutical Marketable Securities Historical Data

The historical data trend for Biomarin Pharmaceutical's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Biomarin Pharmaceutical Marketable Securities Chart

Biomarin Pharmaceutical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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284.73

342.14

377.54

535.25

292.23

Biomarin Pharmaceutical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															534.26	439.88	318.98	292.23	275.62

Biomarin Pharmaceutical Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Biomarin Pharmaceutical (MIL:1BMRN) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Biomarin Pharmaceutical Marketable Securities Related Terms

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Biomarin Pharmaceutical (MIL:1BMRN) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Biomarin Pharmaceutical Inc (MIL:1BMRN) » Definitions » Marketable Securities

Comparable Companies

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BMRN:USA BM8:Germany B1MR34:Brazil

Address

770 Lindaro Street, San Rafael, CA, USA, 94901

Website

http://www.bmrn.com

BioMarin's focus is on rare-disease therapies. Genzyme (now part of Sanofi) markets Aldurazyme through its joint venture with BioMarin, and BioMarin markets Naglazyme, Vimizim, and Brineura independently. BioMarin also markets Kuvan and Palynziq to treat the rare metabolic disorder PKU (in addition to long-standing U.S. rights, BioMarin has reacquired international rights for Kuvan and Palynziq from Merck KGaA). Voxzogo (vosoritide) was approved in achondroplasia in 2021. BioMarin's Roctavian (hemophilia A gene therapy) was approved in Europe in 2022 and in the U.S. in 2023.

Biomarin Pharmaceutical (MIL:1BMRN) Headlines

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