BioMarin Pharmaceutical Inc. R&D Expenses

R&D Expenses of BMRN for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.

Highlights and Quick Summary

  • R&D Expenses for the quarter ending March 31, 2022 was $161 Million (a -0.16% decrease compared to previous quarter)
  • Year-over-year quarterly R&D Expenses decreased by -0.17%
  • Annual R&D Expenses for 2021 was $629 Million (a 0.16% increase from previous year)
  • Annual R&D Expenses for 2020 was $628 Million (a -12.17% decrease from previous year)
  • Annual R&D Expenses for 2019 was $715 Million (a 2.73% increase from previous year)
  • Twelve month R&D Expenses ending March 31, 2022 was $641 Million (a 1.93% increase compared to previous quarter)
  • Twelve month trailing R&D Expenses increased by 4.46% year-over-year
Trailing R&D Expenses for the last four month:
31 Mar '22 31 Dec '21 30 Sep '21 30 Jun '21
$641 Million $629 Million $624 Million $614 Million
Visit for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical R&D Expenses of BioMarin Pharmaceutical Inc.

Most recent R&D Expensesof BMRN including historical data for past 10 years.

Interactive Chart of R&D Expenses of BioMarin Pharmaceutical Inc.

BioMarin Pharmaceutical Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $160.84
2021 $161.09 $157.87 $161.11 $148.73 $629.0
2020 $156.67 $147.05 $182.14 $142.26 $628.0
2019 $172.81 $172.96 $185.64 $183.59 $715.0
2018 $175.39 $161.41 $175.58 $183.95 $696.0
2017 $168.61 $154.1 $143.04 $145.0 $611.0
2016 $175.24 $160.83 $167.04 $158.79 $661.91
2015 $176.12 $158.71 $157.9 $142.07 $634.81
2014 $141.99 $125.69 $107.7 $86.17 $461.54
2013 $97.31 $88.06 $85.66 $83.74 $354.78
2012 $84.36 $66.21 $77.81 $73.83 $302.22
2011 $57.87 $58.58 $52.91 $214.37

Business Profile of BioMarin Pharmaceutical Inc.

Sector: Healthcare
Industry: Biotechnology
BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops valoctocogene roxaparvovec, an adeno associated virus vector, which is in Phase III clinical trial for the treatment of patients with severe hemophilia A; BMN 307, an AAV5 mediated gene therapy, which is in Phase 1/2 clinical trial to normalize blood Phe concentration levels in patients with PKU; and BMN 255 that is in Phase 1/2 clinical trial for treating primary hyperoxaluria. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. The company was incorporated in 1996 and is headquartered in San Rafael, California.