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BioMarin’s Bienaimé To Retire With Sales And Earnings Growth On Track

 
• By Jessica Merrill

Genentech CEO Alexander Hardy will succeed Jean-Jacques Bienaimé, who has led the rare disease specialist for 18 years. Gene therapy Roctavian has gotten off to a slow commercial start.

BioMarin CEO Jean-Jacques Bienaimé • Source: BioMarin (Richard Morgenstein)

BioMarin Pharmaceutical Inc. CEO Jean-Jacques Bienaimé will retire after an 18-year run leading the rare disease specialist toward a longtime goal to achieve profitability. That goal was reached last year for the first time and BioMarin is on track to generate net income of $170m-$210m in 2023.

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