Biomarin Pharmaceutical Inc (BMRN) Files Form 4 Insider Selling : Jean Jacques Bienaime Sells 41,666 Shares

Biomarin Pharmaceutical Inc (BMRN): Jean Jacques Bienaime , Chief Executive Officer of Biomarin Pharmaceutical Inc sold 41,666 shares on Jul 18, 2016. The Insider selling transaction was reported by the company on Jul 20, 2016 to the Securities and Exchange Commission. The shares were sold at $92.72 per share for a total value of $3,863,271.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 11, 2016, George Eric Davis (EVP, General Counsel) sold 2,167 shares at $90.00 per share price.On Jun 21, 2016, V Bryan Lawlis (director) sold 550 shares at $82.77 per share price.Also, On Jun 21, 2016, Jean Jacques Bienaime (Chief Executive Officer) sold 41,666 shares at $80.55 per share price.On Jun 8, 2016, Daniel K Spiegelman (EVP, Chief Financial Officer) sold 1,649 shares at $89.14 per share price.

BioMarin Pharmaceutical: On Monday, Jul 18, 2016 heightened volatility was witnessed in BioMarin Pharmaceutical which led to swings in the share price. The shares opened for trading at $92.23 and hit $94.38 on the upside , eventually ending the session at $92.86, with a gain of 0.85% or 0.78 points. The heightened volatility saw the trading volume jump to 23,81,621 shares. The 52-week high of the share price is $151.75 and the company has a market cap of $15,073 M . The 52-week low of the share price is at $62.12.

BioMarin Pharmaceutical Money Flow Index Chart

BioMarin Pharmaceutical Inc. develops and commercializes pharmaceuticals for serious diseases and medical conditions. The Company’s product portfolio is comprised of five approved products and multiple clinical and pre-clinical product candidates. Its approved products are Vimizim (elosulfase alpha) Naglazyme (galsulfase) Kuvan (sapropterin dihydrochloride) Aldurazyme (laronidase) and Firdapse (amifampridine phosphate). Vimizim received marketing approval in the United States the European Union and subsequently in several other countries. Naglazyme received marketing approval in the United States the European Union and subsequently in other countries. Kuvan was granted marketing approval in the United States the European Union. Aldurazyme which was developed in collaboration with Genzyme Corporation (Genzyme) was approved for marketing in the United States the European Union and subsequently in other countries. Firdapse was approved by the European Medicines Agency (EMA).

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