Veeva Partners with BioMarin to Enhance Drug Development Efficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Source: PRnewswire
- Strategic Partnership Upgrade: Veeva Systems has established a long-term agreement with BioMarin Pharmaceutical Inc. aimed at enhancing operational efficiency and market responsiveness through the strategic use of Veeva's software and services, thereby accelerating the development and commercialization of innovative therapies.
- Digital Transformation Advancement: BioMarin's CEO Alexander Hardy stated that this collaboration will combine BioMarin's scientific expertise with Veeva's technological leadership, enabling transformative drugs to reach patients worldwide faster, significantly improving patient treatment experiences.
- Industry Leadership Consolidation: Veeva, as a cloud service provider for the life sciences sector serving over 1,500 clients, not only enhances its influence in the biopharmaceutical field through this partnership but also further solidifies its market leadership position.
- Positive Future Outlook: The collaboration is expected to drive innovation in BioMarin's gene disease treatments, with the company having eight commercial therapies and a robust clinical pipeline, likely providing patients with greater treatment options and hope.
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Analyst Views on BMRN
Wall Street analysts forecast BMRN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMRN is 87.35 USD with a low forecast of 60.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
14 Buy
5 Hold
0 Sell
Moderate Buy
Current: 56.990
Low
60.00
Averages
87.35
High
120.00
Current: 56.990
Low
60.00
Averages
87.35
High
120.00
About BMRN
BioMarin Pharmaceutical Inc. is a global biotechnology company engaged in the development of genetic discovery into medicines that make an impact on the life of each patient. The Company has eight commercial therapies and a clinical and preclinical pipeline. Its commercial products include Vimizim (elosulfase alpha), Naglazyme (galsulfase), Palynziq (pegvaliase-pqpz), Brineura (cerliponase alfa), Aldurazyme (laronidase), Roctavian (valoctocogene roxaparvovec), Kuvan (sapropterin dihydrochloride), and Voxzogo (vosoritide). Vimizim is an enzyme replacement therapy for the treatment of MPS IVA, a lysosomal storage disorder. The Roctavian is an adeno-associated virus (AAV5) vector gene therapy designed to restore factor VIII plasma concentrations in patients with severe hemophilia A. Its key clinical programs include Vosoritide, BMN 333, BMN 390, BMN 351, BMN 349, and INZ-701. Its late-stage enzyme replacement therapy, INZ-701, is being developed for the treatment of ENPP1 deficiency.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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