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The acquisition is expected to enhance BMRN's revenue streams. Historical trends show acquisitions can improve company valuations if synergistic benefits are realized.
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BioMarin acquires Amicus Therapeutics for $4.8 billion. The deal is expected to accelerate revenue growth immediately. Two new rare disease therapies will diversify BioMarin’s portfolio. Analysts maintain a Buy rating, boosting price forecast to $100. BMRN shows positive short-term technical momentum despite long-term challenges.
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