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Pharmaceutical Technology
Original article

BioMarin spends up to $490m for Alesta’s bone disease candidate

Alesta bone disease candidateStrensiqPositive
AI Analysis

Summary

BioMarin Pharmaceutical acquired Alesta Therapeutics' bone disease candidate for up to $490 million, providing a potential competitor to AstraZeneca's Strensiq in the hypophosphatasia market.

Importance:7/10
Sentiment:
0.60
M&Aacquisitionbone diseasehypophosphatasiacompetitive positioning
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Published by Pharmaceutical Technology on August 19, 2026 1:55 PM

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