BioMarin Pharmaceutical Inc. has bounced back from a stock price slump that occurred after it reported that pegvaliase, the company's second therapy to treat phenylketonuria (PKU), met the primary endpoint in a Phase III clinical trial, but failed to meet a key secondary endpoint.
BioMarin fell 3.4% on March 21, but jumped 6.7% to close at $83.43 per share on March 22 after investors...