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BioCryst Pharmaceuticals

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BioCryst Pharmaceuticals, Inc.
Company typePublic
Nasdaq: BCRX
Russell 2000 Component
IndustryHealthcare
Founded1986; 38 years ago (1986)
HeadquartersDurham, North Carolina, US
Key people
Jon P. Stonehouse (president and CEO)
ProductsRABIVAP
RevenueIncrease $49 million (2019)[1]
Number of employees
110
Websitewww.biocryst.com

BioCryst Pharmaceuticals, Inc. is an American pharmaceutical company headquartered in Durham, North Carolina. The company is a late stage biotech company that focuses on oral drugs for rare and serious diseases. BioCryst's antiviral drug peramivir (Rapivab) was approved by FDA in December 2014. It has also been approved in Japan, Korea, and China.

History

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The company was founded in 1986 by Charles E. Bugg and John A. Montgomery.[2] In March 1994, BioCryst became a public company when it completed an initial public offering by listing its shares on the NASDAQ stock exchange. In 2008, the company was named one of the fastest growing companies by Deloitte & Touche in its 2008 list of Technology Fast 500.[3]

In October 2010, BioCryst announced its headquarters would move to Durham, North Carolina, where the company has had an office since 2006.[4] In January 2018, BioCryst signed a definitive merger agreement with Idera Pharmaceuticals, with plans for the combined company to change its name and move to Pennsylvania.[5] However, BioCryst shareholders voted down the merger in July.[6]

Pipeline

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BioCryst’s core development programs include:

  • Berotralstat (BCX7353), an oral inhibitor of plasma kallikrein for prevention and treatment of hereditary angioedema (HAE).
    • FDA has approved Expanded Access Program for berotralstat for eligible patients in the United States.
    • Berotralstat has a PDUFA date for FDA approval on December 3, 2020.
    • On December 3, 2020, the FDA approved berotralstat as the first oral hereditary angioedema prophylaxis.[7][8]
  • BCX9930, an oral Factor D inhibitor for the treatment of complement-mediated diseases.
  • BCX9250, an oral ALK-2 inhibitor for treatment of fibrodysplasia ossificans progressiva (FOP).
  • Galidesivir (BCX4430) is a broad-spectrum antiviral in advanced development for the treatment of viruses including SARS-CoV-2 (the cause of COVID-19), Ebola, Marburg, Yellow Fever and Zika.[9]
    • Galidesivir was safe and generally well tolerated in Phase 1 clinical safety and pharmacokinetics trials conducted in 2019 by both intravenous and intramuscular routes of administration in healthy human subjects.
    • In animal studies, galidesivir has demonstrated survival benefits against a variety of serious pathogens, including Ebola, Marburg, Yellow Fever and Zika viruses.
    • BioCryst is developing galidesivir in collaboration with U.S. government agencies and other institutions.
    • In September 2013, NIAID contracted with BioCryst for the development of galidesivir as a treatment for Marburg virus disease and potentially for other filoviruses, including Ebola virus.[10]
    • In March 2015, BioCryst announced that the Biomedical Advanced Research and Development Authority (BARDA) within the U.S. Department of Health & Human Services’ Office of the Assistant Secretary for Preparedness and Response (ASPR) has awarded BioCryst a contract for the continued development of galidesivir as a potential treatment for diseases caused by RNA pathogens, including filoviruses.[11]
    • In April 2020, BioCryst began enrollment of a randomized, double-blind, placebo-controlled clinical trial to assess the safety, clinical impact and antiviral effects of galidesivir in patients with COVID-19.[12] This clinical trial is (NCT03891420) is being funded by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health.[13] The company later made the decision to cease conducting further trials.[14]

References

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  1. ^ "BioCryst Pharmaceuticals Revenue 2006–2021 | BCRX".
  2. ^ "About us". Retrieved July 17, 2023.
  3. ^ "BioCryst named 29th fastest growing tech firm". Birmingham Business Journal. November 26, 2008.
  4. ^ Ranii, David (October 14, 2010). "BioCryst moving HQ to Durham". News & Observer. Archived from the original on October 17, 2010. Retrieved October 14, 2010.
  5. ^ Patchen, Tyler (January 23, 2018). "BioCryst Pharmaceuticals to merge with Pennsylvania pharmaceutical company". The Business Journals. Retrieved April 7, 2021.
  6. ^ Hale, Conor (July 11, 2018). "BioCryst stockholders call off merger with Idera Pharmaceuticals". Fierce Biotech. Retrieved April 9, 2021.
  7. ^ "FDA Approves Berotralstat as First Oral Hereditary Angioedema Prophylaxis". HCPLive. December 4, 2020. Retrieved January 9, 2021.
  8. ^ "Orladeyo (berotralstat) FDA Approval History". Drugs.com. Retrieved January 9, 2021.
  9. ^ "BioCryst | Oral Drugs for Viruses | Galidesivir". BioCryst Pharmaceuticals. Retrieved January 9, 2021.
  10. ^ "Broad-Spectrum Antiviral Effective Against Ebola, MERS-CoV". Global Biodefense. March 3, 2014. Retrieved January 9, 2021.
  11. ^ "HHS Contracts with BioCryst Pharmaceuticals to Develop New Ebola Drug". Infection Control Today. March 31, 2015. Retrieved January 9, 2021.
  12. ^ "BioCryst starts COVID-19 trial of broad-spectrum antiviral". FierceBiotech. April 10, 2020. Retrieved January 9, 2021.
  13. ^ "A Study to Evaluate the Safety, Pharmacokinetics and Antiviral Effects of Galidesivir in Yellow Fever or COVID-19 – Full Text View – ClinicalTrials.gov". clinicaltrials.gov. Retrieved January 9, 2021.
  14. ^ Halford, Bethany (May 20, 2021). "To conquer COVID-19, create the perfect pill". Chemical & Engineering News. Retrieved June 22, 2021.
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  1. BioCryst
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