BioCryst Pharmaceuticals Inc.’s first U.S. approval is for the flu treatment Rapivab (peramivir), but the nature of the target market – which is both limited and diffuse – creates a challenge for the small firm to use the product as a springboard for growth.
BioCryst Flu Treatment’s Success May Hinge On Government Contract
Rapivab (peramivir) is company’s first FDA approval, but market opportunity is small; some analysts predict firm will focus resources on hereditary angioedema development programs.
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Pink Sheet reporter and editors discuss FDA Commissioner Martin Makary’s decision to have one of his assistants lead negotiations for Novavax’s delayed COVID-19 vaccine review, as well as some recent missed review deadlines, which may be the result of recent FDA cuts.