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BioCryst Says Astria Therapeutics $700 Million Deal Gives 'Perfect Second Product Candidate'
Benzinga·2025-10-14 16:20

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) on Tuesday agreed to acquire Astria Therapeutics, Inc. (NASDAQ:ATXS) for a mix of cash and stock.The deal represents an implied value of 13perAstriashare,andapproximately13 per Astria share, and approximately 700 million in enterprise value.BioCryst will acquire all outstanding shares of Astria for consideration per share consisting of $8.55 in cash and 0.59 shares of BioCryst stock.Astria is a biopharmaceutical company focused on developing therapies for allergic and immunologic diseases.Also ...