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BioCryst Reports Results From the First-Ever Completed Active-Controlled Phase 2 Study in Hospitalized Influenza
Date:10/27/2008

rms of a contract from the U.S. Department of Health and Human Services (HHS) which on January 3, 2007 awarded BioCryst a $102.6 million, four-year contract to develop peramivir for the treatment of seasonal and life-threatening influenza. Funding from the contract has supported the Phase 2 development activities of peramivir in outpatient and hospitalized flu, including manufacturing of clinical lots, process validation, clinical studies and other product approval requirements toward U.S. licensure. BioCryst has retained all of its development and commercialization rights to peramivir worldwide except in Japan, Korea and recently Taiwan where BioCryst is in a strategic partnership with Shionogi & Co. Ltd. in Japan and Taiwan, and Green Cross in Korea.

Conference Call and Web cast

BioCryst's management team will host a conference call and Web cast on Monday, October 27 at 8:30 a.m. Eastern Time to discuss the results further. To participate in the conference call, please dial 1-877-627-6585 (United States) or 1-719-325-4896 (International). No passcode is needed for the call. The Web cast can be accessed by logging onto http://www.biocryst.com. Please connect to the Web site at least 15 minutes prior to the start of the conference call to ensure adequate time for any software download that may be necessary.

About Peramivir

Peramivir is an antiviral agent that inhibits the interactions of influenza neuraminidase, an enzyme which is critical to the spread of influenza within a host. In laboratory tests, peramivir has shown activity against viral strains that are resistant to currently available treatments and has been safely administered to healthy subjects at high dose levels. Peramivir is currently being studied in hospitalized and outpatient influenza, utilizing either an intramuscular or intravenous formulation. A Phase 2 trial in outpatient influenza is currently ongoing, the Phase 2
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SOURCE BioCryst Pharmaceuticals, Inc.
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