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BioMarin acquires Alesta Therapeutics

August 2026

Client(s) BioMarin Pharmaceutical Inc.

Jones Day advised BioMarin Pharmaceutical Inc. in the acquisition of Alesta Therapeutics B.V. for $275 million in upfront cash consideration, plus up to $215 million in contingent milestone payments. Prior to the closing of this transaction, Alesta spun out all non-ALE 1 assets to a new entity.

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