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BioMarin Announces Fourth Quarter and Full Year 2008 Financial Results
Date:2/18/2009

and full year 2008 reflects the exclusion of the theoretical interest expense from net earnings that would no longer be incurred if the debt was converted into shares. For the full year 2008 GAAP diluted earnings per share and the fourth quarter and full year 2007 GAAP and non-GAAP diluted earnings per share, the 26.3 million shares related to the convertible debt are excluded from the diluted earnings per share calculation as their impact is considered anti-dilutive.

    Anticipated Upcoming Milestones
    --  1Q09: Results from BH4+Vitamin C study
    --  1Q09: Results from Phase 2 PAH trial
    --  1Q09/2Q09: Initiation of Phase 1 trial for GALNS for MPS IVA
    --  2Q09: Results from proteinuria in chronic kidney disease trial
    --  2Q09: Results from PEG-PAL Phase 1 trial
    --  2Q09: Initiation of PEG-PAL Phase 2 trial


    Upcoming Investor Conferences and Events
    --  March 4-5: Credit Suisse Global Healthcare Conference
    --  March 10-11: Barclays Healthcare Conference
    --  March 16-18: Cowen Healthcare Conference
    --  April 1: Citi Biotech Day

BioMarin will host a conference call and webcast to discuss fourth quarter and full year 2008 financial results today, Wednesday, February 18, at 5:00 p.m. ET (22:00 CET). This event can be accessed on the investor section of the BioMarin website at http://www.BMRN.com.

    Date: February 18, 2009
    Time: 5:00 p.m. ET (22:00 CET)
    U.S. / Canada Dial-in Number:  866.700.6293
    International Dial-in Number:  617.213.8835
    Participant Code: 35749059
    Replay Dial-in Number: 888.286.8010
    Replay International Dial-in Number: 617.801.6888
    Replay Code: 73992450

About BioMarin

BioMarin develops and commercializes innovative biopharmaceuticals for serious diseases and medical conditions. The company's product portfolio comprises t
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SOURCE BioMarin Pharmaceutical Inc.
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