Veeva Partners with BioMarin to Enhance Drug Development Speed and Efficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Source: PRnewswire
- Strategic Partnership Upgrade: Veeva Systems and BioMarin Pharmaceutical have entered a long-term agreement aimed at enhancing BioMarin's speed and agility in drug development and commercialization by optimizing the use of software and data, thereby accelerating the time-to-market for innovative therapies.
- Digital Transformation Advancement: BioMarin's CEO Alexander Hardy stated that this collaboration will combine scientific capabilities with Veeva's technological leadership, enabling BioMarin to bring its transformative drugs to global patients more rapidly, significantly enhancing its competitive edge in the market.
- Customer Experience Optimization: By leveraging Veeva's consulting services and products, BioMarin will improve the experience for healthcare professionals and patients, which not only helps to increase customer satisfaction but also potentially strengthens BioMarin's market position in the biopharmaceutical industry.
- Innovation Driving the Future: Veeva's CEO Peter Gassner emphasized that the shared values between the two companies will drive BioMarin's success in new drug development, with expectations to further expand BioMarin's market share and promote global patient health.
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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: 56.680
Low
60.00
Averages
87.35
High
120.00
Current: 56.680
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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