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BioMarin acquires Wisconsin-based ZyStor Therapeutics

Posted Aug 18 2010 8:49pm
Zystor Therapeutics Inc. has been acquired by BioMarin Pharmaceutical Inc., a Novato, Calif., biopharmaceutical company, a deal that could attract investors for other Midwestern companies and venture funds. BioMarin has agreed to pay $22 million initially for privately held Zystor, based in Wauwatosa. BioMarin will pay as much as $93 million more if certain development, regulatory and commercial milestones are achieved, the company said.
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