BioMarin Pharmaceutical (BioMarin) announced on October 29, 2026, that it has entered into an exclusive worldwide license agreement with GC Biopharma and Hanmi Pharm to develop and commercialize HM15421/GC1134A, an investigational long-acting enzyme replacement therapy (ERT) for Fabry disease.¹ The agreement covers all territories except Korea, where GC and Hanmi will retain commercialization rights.¹
Key facts
- Drug: HM15421/GC1134A (GC Biopharma/Hanmi Pharm; licensed to BioMarin)
- Class: long-acting recombinant α-Gal A enzyme replacement therapy
- Indication: Fabry disease
- Trial: NCT06858397; phase 1/2, open label
- Up-front payment: $70 million
- Milestones: up to $405 million, plus tiered royalties
- Territory: worldwide, excluding Korea
- Regulatory status: orphan drug designation (FDA, 2024)
"This agreement reflects our growing commitment to the Fabry community, building on the acquisition of Amicus earlier this year," said Alexander Hardy, president and CEO of BioMarin, in a company press release.¹ "HM15421/GC1134A has the potential to offer a new way of treating Fabry disease, and we believe it could be an important option for patients. As we continue to add to our clinical portfolio, both through internal research and external programs, HM15421/GC1134A is an excellent fit and could allow us to reach a new generation of patients with Fabry beyond those with mutations amenable to treatment with [Galafold]."¹
What are the terms of the agreement?
BioMarin will make an up-front payment of $70 million.¹ GC and Hanmi are jointly eligible to receive up to an additional $405 million upon completion of certain development and commercial milestones, plus tiered royalties on net sales.¹ Following an ongoing phase 1/2 study, BioMarin will assume sole responsibility for all subsequent clinical development, manufacturing, and commercialization outside Korea.¹
What is HM15421/GC1134A?
HM15421/GC1134A is a human recombinant alpha-galactosidase A (α-Gal A) enzyme. It is designed to extend half-life and improve stability relative to currently available ERTs, supporting subcutaneous dosing.¹ According to BioMarin, it has the potential to be the first subcutaneous ERT for Fabry disease.¹ The company said the candidate showed differentiated efficacy in preclinical studies across measures including renal function, vascular health, and peripheral nervous system outcomes.¹ FDA granted HM15421/GC1134A orphan drug designation in 2024.¹