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BioCryst Pharmaceuticals Inc - BCRX STOCK NEWS

Welcome to our dedicated page for BioCryst Pharmaceuticals news (Ticker: BCRX), a resource for investors and traders seeking the latest updates and insights on BioCryst Pharmaceuticals stock.

BioCryst Pharmaceuticals Inc. (Nasdaq: BCRX) is a global biotechnology company dedicated to improving the lives of individuals living with rare and serious diseases. Founded in 1986, BioCryst specializes in designing, optimizing, and developing novel small-molecule drugs that block key enzymes involved in infectious and rare diseases. Headquartered in Research Triangle Park, North Carolina, with a discovery center in Birmingham, Alabama, the company harnesses its expertise in drug discovery, clinical development, regulatory affairs, and product commercialization.

BioCryst is known for its flagship product, ORLADEYO® (berotralstat), the first oral, once-daily plasma kallikrein inhibitor specifically designed to prevent attacks of hereditary angioedema (HAE) in adults and pediatric patients aged 12 years and older. The efficacy of ORLADEYO has been demonstrated through multiple clinical studies and real-world data, showing significant reductions in HAE attack rates across various patient profiles.

The company's robust pipeline includes several innovative programs such as BCX17725 for Netherton syndrome and avoralstat for diabetic macular edema (DME). BioCryst's research spans multiple scientific disciplines, including biology, computer modeling, and medicinal chemistry, targeting therapeutic areas like acute uncomplicated influenza, hereditary angioedema, filoviruses (Ebola and Marburg), and oncology.

In recent announcements, BioCryst reported strong financial performance with ORLADEYO net revenue experiencing substantial growth. The company also continues to expand globally, with recent approvals of ORLADEYO in major markets, including Brazil and Mexico. Partnerships with organizations such as Pint Pharma help BioCryst extend its reach and bring life-changing treatments to patients worldwide.

BioCryst remains committed to advancing its clinical programs, generating new compounds, and upholding a culture of engagement and accountability. The company's ongoing dedication to developing innovative therapeutics aims to address unmet medical needs and provide better health outcomes for patients suffering from rare and serious conditions.

For more information, please visit www.biocryst.com or follow them on LinkedIn.

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BioCryst Pharmaceuticals announced promising results for its oral Factor D inhibitor, BCX9930, in patients with C3 glomerulopathy (C3G). The study demonstrated over 99% suppression of the alternative pathway (AP) of the complement system, maintained for 24 hours after dosing. The drug achieved rapid suppression of C3a levels and was generally safe and well-tolerated. These findings support further development of BCX9930 for treating C3G and other complement-mediated diseases. The data will be presented at the 18th European Meeting on Complement in Human Disease in Bern, Switzerland.

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On August 25, 2022, BioCryst Pharmaceuticals (BCRX) announced a contract extension with the U.S. Department of Health and Human Services (HHS) to supply an additional 10,000 doses of its antiviral drug, RAPIVAB (peramivir injection), valued at approximately $7 million. This order fulfills the final requirement under a $34.7 million contract for 50,000 doses over five years, aimed at enhancing pandemic preparedness. RAPIVAB is approved for treating acute influenza in patients over six months old, with administration via intravenous infusion.

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BioCryst Pharmaceuticals (BCRX) announced that the Saudi Food and Drug Authority has approved ORLADEYO® (berotralstat) for the prevention of hereditary angioedema attacks in patients aged 12 and older. This approval highlights the demand for new HAE treatment options in Saudi Arabia. ORLADEYO is the first oral therapy specifically designed for HAE prophylaxis. BioCryst also has distribution agreements with NewBridge Pharmaceuticals for the GCC region. The drug demonstrated safety and tolerability in clinical trials, with some common adverse reactions noted.

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BioCryst Pharmaceuticals (BCRX) reported Q2 2022 net revenue of $65.2 million, a 129% increase year-over-year. The company anticipates FY 2022 ORLADEYO net revenue of $255 million to $265 million and projects peak global sales of ORLADEYO nearing $1 billion. Growth continues in patient prescriptions, with a significant portion from key HAE treaters. However, R&D expenses rose to $62.0 million, and net losses increased to $58.9 million. The company has lifted the clinical hold on BCX9930 and expects increased focus on its development.

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BioCryst Pharmaceuticals announced the FDA has lifted the partial clinical hold on its BCX9930 program. Enrollment in pivotal trials for paroxysmal nocturnal hemoglobinuria (PNH) and other kidney diseases will resume with a reduced dose of 400 mg twice daily. Previous doses of 500 mg showed elevated serum creatinine levels in some patients. The change aims to prevent crystal formation in kidneys. If successful, BioCryst plans to invest more in BCX9930; if not, they will shift focus to other pipeline candidates.

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BioCryst Pharmaceuticals, Inc. (BCRX) will announce its second quarter 2022 financial results on August 4, 2022, followed by a conference call at 8:30 a.m. ET for a corporate update. The live call can be accessed at 866-374-5140 (domestic) or 404-400-0571 (international) using conference ID 68509725#. A webcast and slides will be available on the company's investor website, with a replay accessible afterward.

BioCryst focuses on developing oral treatments for rare diseases, including ORLADEYO (berotralstat) and other pipeline candidates.

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BioCryst Pharmaceuticals (Nasdaq: BCRX) will present at the H.C. Wainwright 1st Annual Hereditary Angioedema Virtual Conference on July 20, 2022, at 10:00 a.m. ET. The presentation is accessible via a live audio webcast on the company’s website.

BioCryst focuses on developing oral medicines for rare diseases. Their approved product ORLADEYO (berotralstat) is already available in the U.S. and globally. The company is also advancing several programs, including BCX9930 and galidesivir.

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BioCryst Pharmaceuticals (Nasdaq: BCRX) announced promising long-term efficacy and safety results for ORLADEYO (berotralstat) in treating hereditary angioedema (HAE). Data from the APeX-2 and APeX-S clinical trials highlight sustained reductions in HAE attack rates and improved quality of life. Notably, patients switching from injectable therapies reported 98 percent attack-free days. Presenting at the EAACI Congress 2022, these findings bolster ORLADEYO's position as a preferred oral prophylactic therapy for HAE.

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BioCryst Pharmaceuticals (Nasdaq: BCRX) announced that it will present data at the EAACI Hybrid Congress 2022 in Prague from July 1-3. Key abstract presentations include:

  • Attack-free Status: Patients switching from Lanadelumab to Berotralstat.
  • Quality of Life Improvement: Observed in long-term Berotralstat treatment.
  • Decreased Injectable Medication Use: After 96 weeks of Berotralstat treatment.

ORLADEYO (berotralstat) is designed to prevent hereditary angioedema attacks in patients aged 12 and older.

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BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) has formed an exclusive partnership with Pint Pharma GmbH to promote ORLADEYO® (berotralstat) across the pan-Latin America (LATAM) region. This agreement aims to address the needs of hereditary angioedema (HAE) patients seeking new treatment options. Pint Pharma will handle marketing authorizations and commercialization in LATAM. ORLADEYO, the only oral therapy for HAE prevention, has been successful in several global markets, indicating strong potential for market acceptance in the LATAM region.

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FAQ

What is the current stock price of BioCryst Pharmaceuticals (BCRX)?

The current stock price of BioCryst Pharmaceuticals (BCRX) is $7.23 as of January 14, 2025.

What is the market cap of BioCryst Pharmaceuticals (BCRX)?

The market cap of BioCryst Pharmaceuticals (BCRX) is approximately 1.6B.

What is BioCryst Pharmaceuticals' main product?

BioCryst Pharmaceuticals' main product is ORLADEYO® (berotralstat), an oral, once-daily plasma kallikrein inhibitor designed to prevent attacks of hereditary angioedema (HAE).

Where is BioCryst Pharmaceuticals headquartered?

BioCryst Pharmaceuticals is headquartered in Research Triangle Park, North Carolina, with a discovery center in Birmingham, Alabama.

What therapeutic areas does BioCryst Pharmaceuticals focus on?

BioCryst Pharmaceuticals focuses on therapeutic areas such as acute uncomplicated influenza, hereditary angioedema, filoviruses (Ebola and Marburg), and oncology.

What recent achievements has BioCryst Pharmaceuticals reported?

BioCryst Pharmaceuticals has reported strong financial performance with significant growth in ORLADEYO® net revenue and recent approvals of ORLADEYO in Brazil and Mexico.

How does ORLADEYO® work?

ORLADEYO® works by decreasing the activity of plasma kallikrein, thereby preventing hereditary angioedema (HAE) attacks.

What is the pipeline of BioCryst Pharmaceuticals?

The pipeline of BioCryst Pharmaceuticals includes programs like BCX17725 for Netherton syndrome and avoralstat for diabetic macular edema (DME).

Who are BioCryst Pharmaceuticals' partners?

BioCryst Pharmaceuticals partners with organizations such as Pint Pharma to extend their reach and bring treatments to patients worldwide.

What is the company's approach to drug development?

BioCryst Pharmaceuticals leverages its expertise in structure-guided drug design to develop first-in-class or best-in-class oral small-molecule and protein therapeutics targeting difficult-to-treat diseases.

What are some of the challenges BioCryst Pharmaceuticals addresses?

BioCryst Pharmaceuticals addresses challenges in rare and serious diseases by developing innovative therapeutics to meet unmet medical needs and improve health outcomes.

How can I stay updated on BioCryst Pharmaceuticals' latest news?

You can stay updated on BioCryst Pharmaceuticals' latest news by visiting their website at www.biocryst.com or following them on LinkedIn.
BioCryst Pharmaceuticals Inc

Nasdaq:BCRX

BCRX Rankings

BCRX Stock Data

1.55B
200.27M
1.46%
85.11%
8.35%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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