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BioMarin to Acquire Amicus for $4.8 Billion

12/19/2025

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Story summary
  • BioMarin Pharmaceutical Inc. will acquire Amicus Therapeutics, Inc. for about $4.8 billion, expanding its rare-disease portfolio.
  • Amicus shareholders will receive $14.50 per share, a 33% premium.
  • The deal is expected to close in the second quarter of 2026, subject to approvals.
  • Amicus’s therapies Galafold for Fabry disease and Pombiliti-Opfolda for Pompe disease could generate revenue for BioMarin.
  • Morgan Stanley and J.P. Morgan are advising BioMarin on the deal.