Pablo Legorreta, Royalty Pharma CEO (Paul Morris/Bloomberg via Getty Images)

BioCryst gets mas­sive cash in­fu­sion to the tune of $350M, thanks to old and new in­vestors

BioCryst is fill­ing its cof­fers again — this time in $350 mil­lion cash with the help of both old and new in­vestors.

The Durham, NC biotech re­port­ed this morn­ing that it inked yet an­oth­er deal along­side a fa­mil­iar name — Roy­al­ty Phar­ma for $200 mil­lion. Roy­al­ty was the same com­pa­ny that paid $125 mil­lion to BioCryst $BCRX last year in ex­change for prof­its from the then-re­cent­ly ap­proved oral HAE drug Or­ladeyo.

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