Second Quarter 2023 Earnings
Second Quarter 2023 Key Business Highlights
6
Increasing Q2 Profitability and Gross Margin Improvement Driven by Robust VOXZOGO® Demand
☑$113 million in VOXZOGO revenues drove total BioMarin GAAP net income of $56 million and gross margin of 78.5%
>
Kil
in the second quarter
Record-breaking Revenues for the First Half of 2023, with 13% Year-Over-Year Growth
Tracking to double-digit revenue growth and significant operating leverage, driving more than 30% growth in expected
bottom-line profitability in full-year 2023
ROCTAVIAN ™ Approved in the U.S., the First and Only Gene Therapy for Adults with Severe
Hemophilia A
U.S. approval unlocks an additional 2,500 potential patients
New Phase 3 Study with VOXZOGO in Second Indication (Hypochondroplasia) Announced
Enrollment in the baseline, run-in arm of the study expected to begin in the fourth quarter of 2023
Uptake of VOXZOGO® Continued to Accelerate in Q2 Resulting in Increased FY23 Guidance
Increased full-year 2023 guidance to between $400 million and $440 million from previous guidance of between
$380 and $430 million
BIOMARINView entire presentation