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 (BCRX) is a biotechnology leader developing innovative therapies for rare diseases and infectious conditions through targeted enzyme inhibition. This news hub provides investors and healthcare professionals with timely updates on clinical developments, regulatory milestones, and strategic initiatives.
Access authoritative reporting on BCRX's pipeline progress, including updates on hereditary angioedema treatments and antiviral therapies. Our curated collection features earnings announcements, research breakthroughs, and partnership disclosures – all essential for tracking this biopharma innovator.
Key updates include FDA decisions, clinical trial results, and scientific publications. Bookmark this page for streamlined access to verified BioCryst news, eliminating the need to monitor multiple sources. Check regularly for developments impacting the company's position in enzyme inhibitor therapeutics and rare disease treatment markets.
BioCryst Pharmaceuticals (BCRX) unveiled new real-world data indicating that patients aged 12 and older using ORLADEYO (berotralstat) for hereditary angioedema (HAE) experience rapid and sustained reductions in attack rates. Presented at the 2022 ACAAI Annual Meeting, the data highlight significant efficacy improvements post-switch from other therapies, with an average attack rate reduction of 80% within the first 90 days. The results suggest ORLADEYO is effective regardless of prior treatment history, with lower adverse event rates compared to clinical trials.
BioCryst Pharmaceuticals (BCRX) announced its participation in several investor conferences. The company will present at the Jefferies London Healthcare Conference on November 16, 2022, at 12:00 p.m. ET. Additionally, BioCryst will take part in the virtual 5th Annual Evercore ISI HealthCONx Conference on November 29, 2022, at 8:25 a.m. ET, followed by the Piper Sandler 34th Annual Healthcare Conference in New York on November 30, 2022, at 8:30 a.m. ET. Live audio webcasts will be available on BioCryst's website, ensuring stakeholders can follow the updates easily.
BioCryst Pharmaceuticals (BCRX) announced that its compensation committee granted stock options and restricted stock units (RSUs) to 14 new employees as of October 31, 2022. The stock options total 125,700 shares with an exercise price of $13.35, equal to the grant date's closing stock price. The RSUs cover 46,350 shares and both vest over four years, contingent on continued employment. This action complies with Nasdaq Listing Rule 5635(c)(4) and aims to attract talent to support the company's growth in developing oral medicines for rare diseases.
BioCryst Pharmaceuticals reported Q3 2022 revenues of $75.8 million, a 85% year-over-year increase, driven mainly by $66.0 million from ORLADEYO. The patient base for ORLADEYO grew by 9% in Q3. The company is advancing its pipeline with new Factor D inhibitors, BCX10013 entering clinical trials, while screening for BCX9930 continues, with data expected mid-2023. The company anticipates full-year ORLADEYO revenue of $255 million and operating expenses between $365 million and $370 million.
BioCryst Pharmaceuticals (BCRX) announced presentations at the American College of Allergy, Asthma & Immunology's meeting from November 10-14, 2022, in Louisville, Kentucky. They will showcase two abstracts on ORLADEYO® (berotralstat) for hereditary angioedema treatment. Dr. Ryan Arnold emphasized ORLADEYO's effectiveness in reducing attack rates, making it a convenient option. The Distinguished Industry Oral Presentation will discuss real-world outcomes of berotralstat, while a poster will highlight consistently low attack rates irrespective of prior therapies.
BioCryst Pharmaceuticals (BCRX) announced it will report its Q3 2022 financial results on November 1, 2022. A conference call and webcast will be held at 8:30 a.m. ET to discuss the results and provide a corporate update. The call can be accessed by dialing 866-374-5140 domestically or 404-400-0571 internationally, using conference ID 28663801#. Additionally, a live webcast will be available on the BioCryst website, along with a replay post-call.
BioCryst Pharmaceuticals (Nasdaq: BCRX) announced on October 4, 2022, that its compensation committee granted stock options and restricted stock units (RSUs) to 33 new employees. The total of 522,808 shares in options and 166,916 shares in RSUs were issued as inducements to employment, effective as of September 30, 2022. The options have an exercise price of $12.60 per share, matching the stock's closing price on the grant date, and will vest in four annual installments. This initiative aligns with Nasdaq Listing Rule 5635(c)(4).
BioCryst Pharmaceuticals announced executive appointments on September 14, 2022. Dr. Bill Sheridan will take on the role of Chief Development Officer, focusing on the company's pipeline, while Dr. Ryan Arnold has been named the new Chief Medical Officer. Dr. Sheridan brings 15 years of experience from Amgen, with a strong background in medical affairs and product development. Dr. Arnold, who joined BioCryst in March 2022, has over 20 years in the industry, specializing in medical affairs across rare disease indications. This leadership change aims to enhance the company’s development efforts in treating unmet medical needs.
On September 6, 2022, BioCryst Pharmaceuticals (BCRX) announced the granting of stock options and restricted stock units to 17 new employees, totaling 161,500 options and 64,250 RSUs. The options have an exercise price of $13.90, matching the stock's closing price on the grant date. These compensation incentives are part of Nasdaq's compliance and will vest over four years. BioCryst focuses on developing oral medicines for rare diseases, including approved products like ORLADEYO and ongoing projects such as BCX9930.
BioCryst Pharmaceuticals (BCRX) announced its participation in two upcoming healthcare conferences. The company will present at the 2022 Wells Fargo Healthcare Conference on September 7, 2022, at 11:35 a.m. ET, and will also take part in the H.C. Wainwright 24th Annual Global Investment Conference. A pre-recorded fireside chat for this latter event will be available on September 12, 2022, at 7:00 a.m. ET. Links to live webcasts and replays will be accessible on BioCryst's website.
