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BioCryst enters navenibart license agreement with Neopharmed Gentili

BioCryst (BCRX) announced that it entered into a license agreement granting an Irish affiliate of Neopharmed Gentili exclusive rights to commercialize navenibart for hereditary angioedema in Europe. In exchange, BioCryst will receive $70M upfront and will be eligible to receive up to $275M in future regulatory and sales milestone payments. BioCryst will also receive tiered royalties on net sales ranging from 18% to 30%. The program is on track to support regulatory filing by the end of 2027.

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