Kengyong888
2021-08-11
Someone postulated Poison pill theory in another forum !
BioCryst shares jumped 10.49% in premarket trading,as withdrawing previous stock offering.
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With our strong balance sheet, and increasing revenues from ORLADEYO<b>®</b> (berotralstat), we believe that current market conditions are not conducive to an offering on terms that would be in the best interests of our current stockholders. We are well capitalized, with cash, cash equivalents, restricted cash and investments of $222.8 million as of June 30, 2021. 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