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BioMarin and Ascendis Pharma Enter Global Settlement and License Agreement

Aug 31, 2026

Contract Type

licensing

San RafaelBiotechnologyHealth CareMedicalGeneticsTherapeutics

Description

On August 30, 2026, BioMarin Pharmaceutical Inc. entered into a binding term sheet with Ascendis Pharma A/S for a global settlement and license agreement. This agreement resolves all pending proceedings related to BioMarin's Patent Rights. Under the agreement, BioMarin will provide Ascendis a non-exclusive, worldwide, transferable, royalty-bearing license to certain patents.

Company Information

Company

BioMarin Pharmaceutical

Location

San Rafael, California, United States

About

BioMarin is a global biotechnology company founded in 1997, dedicated to transforming lives through genetic discovery. The company develops and commercializes targeted therapies that address the root cause of genetic conditions.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.