As filed with the Securities and Exchange Commission on November 2, 2023

Registration No. 333-   

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

BIOMARIN PHARMACEUTICAL INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   68-0397820

(State or other jurisdiction of

Incorporation or organization)

 

(I.R.S. Employer

Identification No.)

770 Lindaro Street

San Rafael, CA 94901

(Address of principal executive offices) (Zip code)

BioMarin Pharmaceutical Inc. 2017 Equity Incentive Plan, as Amended April 3, 2023

(Full title of the plan)

G. Eric Davis

Executive Vice President, Chief Legal Officer and Secretary

BioMarin Pharmaceutical Inc.

770 Lindaro Street

San Rafael, California 94901

(415) 506-6700

(Name and address of agent for service) (Telephone number, including area code, of agent for service)

 

 

Copies to:

Jodie Bourdet

Siana E. Lowrey

Cooley LLP

3 Embarcadero Center

20th Floor

San Francisco, CA 94111-4004

(415) 693-2000

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer      Accelerated filer  
Non-accelerated filer      Smaller reporting company  
Emerging growth company       

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

 

 

 


EXPLANATORY NOTE

On May 23, 2023, the Registrant’s stockholders approved an amendment to the BioMarin Pharmaceutical Inc. 2017 Equity Incentive Plan, as amended (the “2017 Plan”) to increase the number of shares of Common Stock reserved for issuance under the 2017 Plan by 14,000,000 shares. Accordingly, this Registration Statement is being filed with the Commission to register an additional 14,000,000 shares of Common Stock for future issuance under the 2017 Plan. These additional shares of Registrant’s Common Stock are securities of the same class as other securities for which an original Registration Statement on Form S-8 was filed with the Securities and Exchange Commission (the “Commission”) on June 13, 2017 (File No.  333-218695) and subsequent Registration Statements on Form S-8 were filed with the Commission on October 16, 2019 (File No. 333-234231) and on February 17, 2022 (File No. 333-262824) (collectively, the “Prior Registration Statements”). Pursuant to General Instruction E to Form S-8, this Registration Statement hereby incorporates by reference the contents of the Prior Registration Statements.


PART II

 

ITEM 8.

EXHIBITS

 

Exhibit

Number

    
4.1    Restated Certificate of Incorporation of BioMarin Pharmaceutical Inc., previously filed with the Commission on June  12, 2017 as Exhibit 3.2 to the Registrant’s Current Report on Form 8-K (File No. 000-26727), which is incorporated herein by reference.
4.2    Amended and Restated Bylaws of BioMarin Pharmaceutical Inc., previously filed with the Commission on December  21, 2022 as Exhibit 3.1 to the Company’s Current Report on Form 8-K (File No. 000-26727), which is incorporated herein by reference.
5.1*    Opinion of Cooley LLP.
23.1*    Consent of KPMG LLP, independent registered public accounting firm.
23.2*    Consent of Cooley (included in Exhibit 5.1 to this Registration Statement on Form S-8). 
24.1*    Power of Attorney (included on the signature page of this Registration Statement on Form S-8). 
99.1    BioMarin Pharmaceutical Inc. 2017 Equity Incentive Plan, as amended on April  3, 2023, previously filed with the Commission on August 2, 2023 as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June  30, 2023, which is incorporated herein by reference.
107*    Filing Fee Table.

 

*

Filed herewith


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Rafael, State of California, on November 2, 2023.

 

BIOMARIN PHARMACEUTICAL INC.
By:  

/s/ Brian R. Mueller

Brian R. Mueller

Executive Vice President and Chief Financial Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jean-Jacques Bienaimé and Brian R. Mueller, and each or any one of them, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his substitutes or substitute, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature    Title    Date

/s/ Jean-Jacques Bienaimé

Jean-Jacques Bienaimé

  

Chairman and Chief Executive Officer

(Principal Executive Officer)

   November 2, 2023

/s/ Brian R. Mueller

Brian R. Mueller

  

Executive Vice President and Chief Financial Officer

(Principal Financial Officer)

   November 2, 2023

/s/ Erin Burkhart

Erin Burkhart

  

Group Vice President, Chief Accounting Officer

(Principal Accounting Officer)

   November 2, 2023

/s/ Mark J. Alles

Mark J. Alles

   Director    November 2, 2023

/s/ Elizabeth McKee Anderson

Elizabeth McKee Anderson

   Director    November 2, 2023

/s/ Willard H. Dere

Willard H. Dere

   Director    November 2, 2023


/s/ Elaine J. Heron

Elaine J. Heron

   Director    November 2, 2023

/s/ Maykin Ho

Maykin Ho

   Director    November 2, 2023

/s/ Robert J. Hombach

Robert J. Hombach

   Director    November 2, 2023

/s/ V. Bryan Lawlis

V. Bryan Lawlis

   Director    November 2, 2023

/s/ Richard A. Meier

Richard A. Meier

   Lead Independent Director    November 2, 2023

/s/ David Pyott

David Pyott

   Director    November 2, 2023

/s/ Dennis J. Slamon

Dennis J. Slamon

   Director    November 2, 2023

Exhibit 5.1

 

LOGO

Jodie Bourdet

+1 415 693 2054

jbourdet@cooley.com 

November 2, 2023

BioMarin Pharmaceutical Inc.

770 Lindaro Street

San Rafael, California 94901

Ladies and Gentlemen:

We have acted as counsel to BioMarin Pharmaceutical Inc., a Delaware corporation (the “Company”), and you have requested our opinion in connection with the filing of a registration statement on Form S-8 (the “Registration Statement”) with the Securities and Exchange Commission (the “Commission”) covering the offering of up to 14,000,000 shares (the “Shares”) of the Company’s Common Stock, par value $0.001 per share, pursuant to the Company’s 2017 Equity Incentive Plan, as amended (the “Plan”).

In connection with this opinion, we have examined and relied upon (a) the Registration Statement and related prospectus, (b) the Plan, (c) the Company’s certificate of incorporation and bylaws, each as currently in effect, and (d) such other documents, records, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below. We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies, the accuracy, completeness and authenticity of certificates of public officials and the due authorization, execution and delivery of all documents by all persons other than by the Company where authorization, execution and delivery are prerequisites to the effectiveness thereof. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not independently verified such matters.

Our opinion is expressed only with respect to the General Corporation Law of the State of Delaware. We express no opinion to the extent that any other laws are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or state securities law, rule or regulation.

On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Plan and the Registration Statement and related prospectus, will be validly issued, fully paid, and nonassessable (except as to shares issued pursuant to deferred payment arrangements, which will be fully paid and nonassessable when such deferred payments are made in full).

This opinion is limited to the matters expressly set forth in this letter, and no opinion should be implied, or may be inferred, beyond the matters expressly stated. This opinion speaks only as to law and facts in effect or existing as of the date hereof and we undertake no obligation or responsibility to update or supplement this letter to reflect any facts or circumstances that may hereafter come to our attention or any changes in law that may hereafter occur.

We consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.

Sincerely,

COOLEY LLP

 

By:  

/s/ Jodie Bourdet

  Jodie Bourdet

Cooley LLP 3 Embarcadero Center 20th Floor San Francisco, CA 94111-4004

t: (415) 693-2000 f: (415) 693-2222 cooley.com

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

We consent to the use of our reports dated February 27, 2023, with respect to the consolidated financial statements of BioMarin Pharmaceutical Inc., and the effectiveness of internal control over financial reporting, incorporated herein by reference.

/s/ KPMG LLP

San Francisco, California

November 2, 2023

Exhibit 107

Calculation of Filing Fee Table

Form S-8

(Form Type)

BioMarin Pharmaceutical Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

 

               
Security Type  

Security

Class

Title

 

Fee

Calculation

Rule

 

Amount

Registered(1)

 

Proposed

Maximum

Offering

Price Per

Unit

 

Maximum

Aggregate

Offering

Price

  Fee Rate  

Amount of

Registration

Fee

               
Equity   Common Stock   Other(2)   14,000,000(3)   $81.09(2)   $1,135,260,000   0.0001476   $167,564.38
         
Total Offering Amounts     $1,135,260,000     $167,564.38
         
Total Fees Previously Paid        
         
Total Fee Offsets        
         
Net Fee Due               $167,564.38

 

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of common stock (“Common Stock”) of BioMarin Pharmaceutical Inc. (the “Registrant”) that become issuable under the Registrant’s 2017 Equity Incentive Plan, as Amended April 3, 2023 (the “2017 Plan”) by reason of any stock dividend, stock split, recapitalization or other similar transaction effected that increases the number of outstanding shares of Common Stock.

(2)

Estimated in accordance with Rule 457(h) and Rule 457(c) under the Securities Act. The price per share and aggregate offering price are based upon the average of the high and low prices of the Registrant’s Common Stock on October 27, 2023 as reported on the Nasdaq Global Select Market.

(3)

Represents additional shares of the Registrant’s Common Stock reserved for future issuance under the Registrant’s 2017 Plan.


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