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BioMarin rated at peer perform by Thomas Weisel
BioMarin Pharmaceutical, Inc. was given a peer perform rating by Thomas Weisel Partners LLC analyst Maneesh Jain on news of Naglazyme's European approval. Management provided 2006 Naglazyme sales guidance of $28 million to $32 million for worldwide sales. Shares of the Novato, Calif., biopharmaceutical company were up 77 cents, or 7.03%, at $11.73 on volume of 3,153,517 shares versus the three-month running average of 451,518 shares. (Nasdaq: BMRN)
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