Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

BMRN
Biomarin Pharmaceutical Inc
NASDAQ
55.52
Open 56.26 Prev Close 56.29
High 56.39 Low 54.51
Volume 3,576,418 Volume (Avg) 2,574
52 Week High 73.51 52 Week Low 50.76
Market Cap 10.7B PE Ratio 20.80

Shares Stats

Shares Outstanding192,100,000
Shares Float189,220,000
Shares Short8,950,000
Insider Holdings78%
Institution Holdings97.98%

About Biomarin Pharmaceutical Inc

BioMarin Pharmaceutical Inc., a biotechnology company, engages in the development and commercialization of therapies for life-threatening rare diseases and medical conditions in the United States, Europe, Latin America, the Middle East, the Asia Pacific, and internationally. The company's products include VIMIZIM, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; VOXZOGO, a once daily injection analog of c-type natriuretic peptide (CNP) for the treatment of achondroplasia; NAGLAZYME, a recombinant form of N- acetylgalactosamine 4-sulfatase for patients with MPS VI; and PALYNZIQ, a PEGylated recombinant phenylalanine (Phe) ammonia lyase enzyme delivered through subcutaneous injection to reduce blood Phe concentrations. It also develops BRINEURA, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; ALDURAZYME, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase; KUVAN, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria, an inherited metabolic disease; and ROCTAVIAN, an adeno associated virus vector for the treatment of severe hemophilia A. The company's products under development include BMN 333, a longer-acting CNP for the treatment of multiple growth disorders, such as achondroplasia and hypochondroplasia; BMN 349, an oral therapeutic for the treatment of liver disease associated with alpha-1 antitrypsin deficiency; and BMN 351, an oligonucleotide for the treatment of duchenne muscular dystrophy. It serves specialty pharmacies, hospitals, non-U.S. government agencies, distributors, and pharmaceutical wholesalers. The company has license and collaboration agreements with Catalyst Pharmaceutical Partners, Inc., and Ares Trading S.A. The company was incorporated in 1996 and is based in San Rafael, California.

General

NameBiomarin Pharmaceutical Inc
TickerBMRN
ExchangeNASDAQ
SectorHealthcare
IndustryBiotechnology
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees3,040

Highlights

Analyst Target89.62
Market Cap10,666,200,000
PE Ratio20.80
PEG Ratio0.67
EBITDA794,049,024

Financials

Curr Year EPS Estimate3.58
Next Quarter EPS Estimate0.99
Profit Margin16.87%
Operating Margin27.73
Return on Assets0.06
Return on Equity0.09
Revenue3.1B
Earnings Per Share2.65
Revenue Per Share16.17
Gross Profit2,516,129,024
Quarterly Revenue Growth0.04

Valuation

Trailing PE20.95
Forward PE11.44
Price/Sales (Trailing 12 Mt.)3.45
Price/Book (Most Recent Quarter)1.79

Earnings

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