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BioCryst Reports Fourth Quarter and Full Year 2009 Financial Results and Provides Corporate Update
Date:2/4/2010

nd that additional funding, if necessary, may not be available at all or on terms acceptable to BioCryst.  Please refer to the documents BioCryst files periodically with the Securities and Exchange Commission, specifically BioCryst's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and current reports on Form 8-K, all of which identify important factors that could cause the actual results to differ materially from those contained in our projections and forward-looking statements.

    
    
                                    BIOCRYST PHARMACEUTICALS, INC.
                                          FINANCIAL SUMMARY
    
    Statements of Operations (Unaudited)
      (in thousands, except per share)
    
    
                                      Three Months Ended   Twelve Months Ended
                                         December 31,         December 31,
                                       2009        2008      2009        2008
                                       ----        ----      ----        ----
    Revenues:
     Product sales                  $22,922       $   -   $22,922       $   -
     Collaborative and other
      research and development       31,973      34,240    51,667      56,561
                                     ------      ------    ------      ------
    Total revenues                   54,895      34,240    74,589      56,561
    
    Expenses:
     Cost of products sold            4,544           -     4,544           -
     Research and development        31,619      22,060    72,302      73,327
     General and administrative       3,647       2,376    11,481      10,399
                                      -----       -----    ------      ------
    Total expenses                   39,810      24,436    88,327      83,726
                                     ------      ------    ------      ------
    
    Income (loss) from operations    15,085       9,804   (13,738)    (27,165)
    
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SOURCE BioCryst Pharmaceuticals, Inc.
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