BioMarin Pharma will get DOJ subpoena on sponsored testing packages for 2 therapies – ET HealthWorld | Pharma


Bengaluru: BioMarin Pharmaceutical has acquired a subpoena from the U.S. Department of Justice looking for details about the corporate’s sponsored testing packages associated to 2 remedies, the remedy maker mentioned in a submitting on Monday.

Shares of the agency fell 1.65 per cent to $89.74.

The DOJ has requested the corporate to submit sure paperwork associated to the sponsored testing of its therapies Vimizim and Naglazyme, BioMarin mentioned.

“We’ve got produced paperwork in response to the subpoena and are cooperating totally, however there is no such thing as a assurance that such sponsored testing packages, or our different operations or packages, is not going to be discovered to violate such legal guidelines,” the corporate mentioned within the submitting.

BioMarin mentioned the subpoena was not associated to the security and efficacy of the therapies.

“We’re nonetheless in early levels in responding to the subpoena,” the corporate mentioned in an emailed response, including that it couldn’t touch upon particular particulars.

Vimizim is an enzyme replacement therapy which is accepted to deal with Morquio A Syndrome, a rare genetic disorder that impacts main organ methods.

BioMarin’s different remedy, Naglazyme, is accepted for the remedy of mucopolysaccharidosis VI, an inherited dysfunction.

The DOJ didn’t instantly reply to a Reuters request for remark.

  • Printed On Feb 27, 2024 at 04:46 PM IST

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