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BioCryst Sells European ORLADEYO Business for $250M Upfront to Focus on US Market

BioCryst Pharmaceuticals Inc. (NASDAQ:BCRX) is one of the best stocks to buy under 20.OnOctober1,BioCrystPharmaceuticalsannouncedthesuccessfulcompletionofthepreviouslyannouncedsaleofitsEuropeanORLADEYO(berotralstat)businesstoNeopharmedGentili.Thetransactionisvaluedat20. On October 1, BioCryst Pharmaceuticals announced the successful completion of the previously announced sale of its European ORLADEYO (berotralstat) business to Neopharmed Gentili. The transaction is valued at 250 million upfront, subject to customary purchase price adjustments, with the potential for BioCryst to receive up to $14 million in future milestones based on sales in Central and Eastern Europe. The divestitur ...