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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, Inc. (BCRX) will present at the 6th Annual Evercore ISI HealthCONx Conference on November 28th and the 35th Annual Piper Sandler Healthcare Conference on November 29th, 2023. The live audio webcasts and replays will be available on the company's website.
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BioCryst Pharmaceuticals, Inc. (BCRX) has received marketing authorization from the Spanish Ministry for Health for ORLADEYO® (berotralstat) for the prevention of recurrent hereditary angioedema attacks in HAE patients 12 years and older.
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BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) announced new analyses of real-world use of ORLADEYO, leading to a reduction in monthly attack rates in patients with hereditary angioedema (HAE) who have normal C1-inhibitor (C1-INH) level and function. The data are being presented at the 2023 Annual Scientific Meeting of the American College of Allergy, Asthma & Immunology (ACAAI).
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BioCryst Pharmaceuticals, Inc. announced that the compensation committee of BioCryst's board of directors granted 11 newly-hired employees stock options to purchase 80,700 shares and restricted stock units (RSUs) covering 38,600 shares of BioCryst common stock. The options and RSUs were granted on October 31, 2023, with an exercise price of $5.49 per share, equal to the closing price on the grant date. They vest in four equal annual installments starting on the one-year anniversary of the grant date, subject to the new employee's continued service with the company.
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BioCryst Pharmaceuticals announces updates from its drug discovery process and additional therapies from its pipeline. They highlight BCX17725 for Netherton syndrome, a fusion protein for complex complement-mediated diseases, an oral C5 program for generalized myasthenia gravis, and avoralstat for diabetic macular edema. The company plans to begin clinical trials for these therapies in 2024 and 2025.
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BioCryst Pharmaceuticals and Clearside Biomedical have entered into a license agreement for the development of avoralstat, a plasma kallikrein inhibitor, to treat patients with diabetic macular edema (DME). Avoralstat will be delivered directly to the back of the eye through Clearside's SCS Microinjector. The collaboration aims to advance avoralstat into a proof-of-concept trial as a potential best-in-class medicine for DME patients. Clearside will receive a $5 million upfront license fee and is eligible for up to $77.5 million in milestone payments. DME is the leading cause of vision loss in individuals with diabetes.
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BioCryst Pharmaceuticals, Inc. reported Q3 2023 net revenue of $85.7 million (+29.8% YoY) for ORLADEYO, expecting to achieve at least $320 million in full year 2023 ORLADEYO revenue and $1 billion in peak ORLADEYO revenue. Net cash utilization was $16.5 million in Q3 2023 (-43.9% YoY). The company will host an R&D Day on November 3rd to introduce additional therapies from its pipeline.
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BioCryst Pharmaceuticals will present two abstracts on ORLADEYO at the Annual Scientific Meeting of the American College of Allergy, Asthma & Immunology. The abstracts discuss the reduction of attack rates in patients with hereditary angioedema.
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BioCryst Pharmaceuticals has enrolled the first patient in a proof-of-concept clinical trial for BCX10013, an oral Factor D inhibitor for complement-mediated diseases. The trial aims to evaluate the preliminary efficacy and safety profile of once-daily dosing with BCX10013. If successful, the company plans to advance into a pivotal program for renal complement-mediated diseases. BioCryst is committed to developing best-in-class medicines for patients with unmet needs.
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BioCryst Pharmaceuticals to host R&D Day to discuss drug discovery process and introduce new therapies
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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 15, 2025.

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

The market cap of BioCryst Pharmaceuticals (BCRX) is approximately 1.5B.

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

1.50B
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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