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BioCryst ends internal drug discovery, closes Birmingham lab to focus on external innovation and rare disease pipeline growth.

Company Fundamentals
29 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

BioCryst Pharmaceuticals is discontinuing its internal discovery programs and closing its Birmingham research facility by the end of 2026 to prioritize external innovation for developing rare disease treatments. This strategic shift aims to accelerate pipeline growth more efficiently by leveraging partnerships and external capabilities. The company continues advancing two key clinical programs: navenibart for hereditary angioedema, with Phase 3 enrollment complete, and BCX17725 for Netherton syndrome, with data expected by year-end 2026. BioCryst also resolved a manufacturing delay for ORLADEYO oral pellets, now expected to be available in early August 2026, and lowered its 2026 non-GAAP operating expense guidance to $420-$440 million while reaffirming revenue targets.

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