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BioMarin appeases an activist

  • Damian Garde

By Damian Garde Dec. 21, 2023

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Hello, everyone. Damian here with news of an averted activist challenge, biotech on late-night TV, and the latest deal in oncology’s hottest space.

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BioMarin appeases an activist

Alexander Hardy, the new CEO of BioMarin Pharmaceutical, had an unenviable introduction to the job. Weeks before his first day, Elliott Management, a famed and formidable activist investor, disclosed a sizable stake in BioMarin, suggesting trouble ahead for a management team that had yet to get started.

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About the Author Reprints

Damian Garde

Damian Garde

National Biotech Reporter

Damian Garde covers biotech, is a co-writer of The Readout newsletter, and a co-host of "The Readout LOUD" podcast.

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