BioMarin Accelerates Deleveraging and Lifts VOXZOGO Revenue Guidance
BioMarin now expects to reach a leverage ratio below 2.5 times by mid-next year, about a year ahead of plan, based on revised revenue and synergy assumptions. The Amicus portfolio is projected to reach about 60% operating margin by 2030, with expanded commercialization and strategy to encourage switches from existing therapies. The company raised VOXZOGO revenue guidance to at least $1 billion and says an accepted filing could lead to approval and launch next year.