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Biotech / Medical : Biocryst Pharmaceuticals Inc (BCRX)
BCRX 7.030-1.8%Nov 6 3:59 PM EST

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To: idos who wrote (156)7/17/2007 4:18:02 PM
From: scaram(o)uche  Read Replies (1) of 269
 
The original PR re. Roche described a deal with $530 million biobucks.

Bugg, of course, crowed for a year about how the deal was one of biotech's biggest.

I wrote to I.R. at the company. We can stop waiting for them to issue the revised PR, there is no milestone for reaching phase II.

I guess this is the Bugg subdivision of biobucks, impossibucks.

Thank you for your interest in BioCryst. Let me begin by saying that we are very pleased to be working with Roche. We feel they are the ideal partner for BCX-4208.



To address your question regarding milestones, there is not a milestone payment associated with the initiation of Phase IIa. Beyond that statement, we are not going to comment on future milestones until they are achieved.



My contact information is below and I would welcome the opportunity to speak with you by phone if you are so inclined.



Best regards,



John Nugent.





Jonathan M. Nugent

Vice President

Corporate Communications and Investor Relations

BioCryst Pharmaceuticals, Inc.

2190 Parkway Lake Drive
Birmingham, AL 35244

jnugent@biocryst.com

205-444-4633: office

205-566-3026: cell
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