All entries for: BioCryst

June 29, 2026

BioCryst

Layoffs

Durham, NC
501-1,000 employees

“BioCryst is exiting internal discovery work and will close its Birmingham, Alabama site by the end of 2026. The company said it will now prioritize external innovation over its own discovery programs. A spokesperson declined to say how many jobs the shutdown will affect.

The spokesperson told BioSpace on June 29 that the company is committed to supporting affected employees through the transition, and that commercial and clinical programs continue as planned.

The site is BioCryst’s Discovery Center of Excellence. The move comes about a month after the company dropped avoralstat, its diabetic macular edema candidate in Phase 1b testing, to concentrate on its rare disease pipeline.”

Disease Area: Rare Disease
Drug Type: Biologic, Small Molecule
May 6, 2025

BioCryst

Negative Outlook

Durham, NC
501-1,000 employees

We cannot be sure whether additional legislation or rule-making related to the IRA will be issued or enacted, how insurance pharmacy benefit managers and other insurance providers that manage benefits for Medicare recipients will react to the IRA, or what impact, if any, such additional changes will have on the insurance coverage and profitability of our products or any of our product candidates, if approved for commercial use, in the future. The full effect of the IRA on our business and the healthcare industry in general is not yet known. The IRA or other government efforts to reduce the price of prescription drugs or to limit the amount that governments pay for healthcare products and services could result in additional pricing pressure and have a significant impact on our business.

Disease Area: Rare Diseases
Drug Type: Biologic, Small Molecule
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