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Stocktwits reports BioMarin signed an exclusive worldwide license with South Korea’s GC Biopharma and Hanmi Pharm for HM15421/GC1134A, an investigational long-acting enzyme replacement therapy for Fabry disease. BioMarin will lead development and commercialization outside Korea; the deal includes a $70 million upfront payment and potential milestone and royalty payments.

Consider review of licensing, regional partnership, and rare-disease portfolio strategies for biotech companies focused on enzyme-replacement therapies and Fabry disease.

Consider: How might similar small-to-mid biotech companies structure regional licensing terms to retain global development control while sharing clinical and commercialization risk?

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