BioCryst Q3 revenue rises 13% on ORLADEYO sales

By Reuters News


Overview

  • U.S. rare disease drugmaker's Q3 revenue rose 13% yr/yr, driven by ORLADEYO sales and CareMed transition

  • Q3 net income increased significantly from a year earlier

  • Company maintained 2026 ORLADEYO revenue guidance, raised total revenue outlook for the year


Outlook

  • BioCryst maintains 2026 ORLADEYO revenue guidance of $625 mln to $645 mln

  • Company raises 2026 total revenue guidance to $715 mln-$730 mln

  • Company lowers 2026 non-GAAP operating expense guidance to $415 mln-$425 mln


Result Drivers

  • CAREMED TRANSITION - Co said Q3 revenue growth benefited from the transition to CareMed as its sole-source specialty pharmacy partner, which built initial inventory of ORLADEYO to support patient demand

  • ORLADEYO PELLET LAUNCH - Co said launch of ORLADEYO oral pellets in pediatric patients began in August, with early reimbursement strong and new prescriptions ahead of expectations


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

$0.14

Q3 Net Income

$37.92 mln

Q3 Operating Expenses

$126.96 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for BioCryst Pharmaceuticals, Inc. is $17.50, about 104.2% above its November 3 closing price of $8.57


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  • Nov 3 - Mirum Pharmaceuticals Q3 net product sales surge, outlook raised


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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