BioCryst Q3 revenue rises 13% on ORLADEYO sales
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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(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.)