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BioCryst (BCRX) Partner In Japan Files NDA for Peramivir

November 4, 2009 9:07 AM EST
BCRX Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Revenue Growth %: +125.9%
BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) announced that its partner, Shionogi & Co., Ltd. has filed a New Drug Application (NDA) in Japan to seek regulatory approval for intravenous (i.v.) peramivir to treat patients with influenza.

As a consequence of this filing, BioCryst will receive a regulatory milestone payment of $7 million under its agreement with Shionogi.

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