Thursday, February 16, 2012

BioMarin posts loss, starts dwarfism drug trial

BioMarin Pharmaceutical Inc. started first-in-human testing of a drug for achondroplasia, the most common form of human dwarfism.
Novato-based BioMarin (NASDAQ: BMRN) said it started the Phase I safety and tolerability study of BMN-111 in 74 healthy volunteers. It expects to report results from the trial in the third quarter.

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