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BioCryst acquires Astria Therapeutics for drug access

PUBLIC · BCRXAug 29, 2026about 3 hours ago

Acquiring Company

BioCryst Pharmaceuticals

Acquired Company

Astria Therapeutics

DurhamBostonBiotechnologyHealth CareTherapeuticsBiotechnologyHealth CareTherapeuticsBiopharma

Description

BioCryst Pharmaceuticals has completed its acquisition of Astria Therapeutics to enhance its portfolio by gaining access to navenibart, a drug for hereditary angioedema. This move is part of BioCryst's strategy to expand into rare-disease treatments. The acquisition reportedly cost around $700 million. BioCryst is positioning itself as a significant player in the rare-disease market.

Company Information

Company

BioCryst Pharmaceuticals

Location

Durham, North Carolina, United States

About

BioCryst is focused on developing novel therapies for diseases with significant unmet needs. The company has already commercialized ORLADEYO® (berotralstat), a once-daily oral plasma kallikrein inhibitor, and continues to develop a pipeline of small-molecule and protein therapies.

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Frequently asked

Who acquired Astria Therapeutics?

Astria Therapeutics was acquired by BioCryst Pharmaceuticals, based in Durham. The deal was reported on August 29, 2026. BioCryst is focused on developing novel therapies for diseases with significant unmet needs. BioCryst Pharmaceuticals is publicly traded (BCRX) and operates in Biotechnology.

When did BioCryst Pharmaceuticals acquire Astria Therapeutics?

BioCryst Pharmaceuticals's acquisition of Astria Therapeutics was reported on August 29, 2026. BioCryst Pharmaceuticals has completed its acquisition of Astria Therapeutics to enhance its portfolio by gaining access to navenibart, a drug for hereditary angioedema. This move is part of BioCryst's strategy to expand into rare-disease treatments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Astria Therapeutics do?

Astria Therapeutics is a biopharmaceutical company focused on developing life-changing therapies for allergic and immunological diseases. It is privately held, operating in Biotechnology, and is based in Boston.

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