Pharma BD Deal Intelligence

BioMarin Pharmaceutical Inc. / Amicus Therapeutics, Inc.

2025 · Acquisition/Merger · $4.8B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Dec 19, 2025 Amicus Therapeutics 8-K Filing Neutral

On December 19, 2025, Amicus Therapeutics, Inc. entered into an Agreement and Plan of Merger with BioMarin Pharmaceutical Inc. and a wholly-owned subsidiary,…

Dec 19, 2025 MedCity News Bullish

BioMarin's Presence in Rare Enzyme Disorders Grows With $4.8B Amicus Therapeutics Acquisition. Leerink Partners analyst Joseph Schwartz: the acquisition of…

Dec 22, 2025 Fierce Biotech Bearish

BioMarin quietly discards liver disease candidate after $4.8B Amicus announcement. Three days after announcing its largest-ever acquisition, BioMarin disclosed…

Source summaries from our enrichment pipeline; follow links for originals.

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BioMarin completed its acquisition of Amicus Therapeutics on April 27, 2026, for $14.50/share in cash, total equity value ~$4.8B (a 33% premium) - BioMarin's largest-ever transaction. The deal closed as a one-step all-cash merger after Amicus stockholders approved it and the final regulatory condition (France Ministry of Economics and Finance clearance, April 23, 2026) was satisfied; U.S. FTC granted HSR early termination on February 11, 2026. Amicus survives as a wholly owned BioMarin subsidiary and was delisted from Nasdaq. The acquisition strengthens BioMarin's rare disease portfolio with two commercial lysosomal storage disorder therapies - Galafold (migalastat) for Fabry disease and Pombiliti+Opfolda (cipaglucosidase alfa-atga + miglustat) for Pompe disease - plus the late-stage kidney asset DMX-200 (Phase 3, FSGS).

Key facts

Related deals — scored

DealYearValueOutcome
BioMarin Pharmaceutical Inc. / Amicus Therapeutics, Inc. (this deal)2025$4.8B
BioMarin Pharmaceutical Inc. / Inozyme Pharma, Inc.2025$270M
Shire plc / Dyax Corp.2016$5.9B89
Horizon Pharma plc / Hyperion Therapeutics, Inc.2015$1.1B79
Shire plc / NPS Pharmaceuticals2015$5.2B78
AstraZeneca PLC / Amolyt Pharma2024$1.1B73
Sanofi SA / Inhibrx Inc.2024$2.2B70

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