BioMarin Completes Ascent Pediatrics Transaction
May 18, 2004
BioMarin Pharmaceutical Inc. announced that it has completed the transaction, announced April 20, 2004, to obtain Ascent Pediatrics, a profitable pediatrics business that includes Orapred(R), the top selling drug in its class for treatment of asthma in children, and the national field force that currently calls upon pediatricians throughout the United States.
BioMarin develops innovative biopharmaceutical products and commercializes therapeutics for serious pediatric diseases.
BioMarin's press releases and other company information are available online at http://www.bmrn.com/ . Information on BioMarin's website is not incorporated by reference into this press release.
NOTE: Orapred is a registered trademark of Ascent Pediatrics, Inc., a wholly owned subsidiary of Medicis Pharmaceutical Corporation.
Contacts: Joshua A. Grass Susan Ferris Sr. Manager, Investor and Manager, Corporate Communications Financial Relations BioMarin Pharmaceutical Inc. BioMarin Pharmaceutical Inc. 415-506-6701 415-506-6777
SOURCE: BioMarin Pharmaceutical Inc.
CONTACT: Joshua A. Grass, Sr. Manager, Investor and Financial Relations,
+1-415-506-6777, or Susan Ferris, Manager, Corporate Communications,
+1-415-506-6701, both of BioMarin Pharmaceutical Inc.
Web site: http://www.bmrn.com/