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BioCryst Announces Approval of ORLADEYO® for Pediatric HAE Patients in Japan

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(Very Positive)
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BioCryst (Nasdaq:BCRX) announced that Japan’s Ministry of Health, Labor and Welfare approved once-daily ORLADEYO (berotralstat) as prophylactic therapy for pediatric hereditary angioedema (HAE) patients aged 2 to <12 years. The approval covers a sprinkle-like granule formulation designed for children and follows positive interim data from the APeX-P trial, which showed early and sustained reductions in monthly attack rates and a safety profile consistent with older patients. OrphanPacific holds marketing authorization in Japan. This is the second ORLADEYO approval in Japan and follows prior capsule and pediatric approvals in the U.S. and more than 45 countries.

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Positive

  • MHLW approval for prophylactic ORLADEYO in Japanese HAE children aged 2 to <12 years
  • Granule formulation tailored for pediatric use with sprinkle-like administration options
  • APeX-P interim data showed early, sustained attack-rate reductions and no new safety signals in 2 to <12 age group
  • Second ORLADEYO approval in Japan adds younger pediatric indication alongside adults and ≥12-year patients
  • Global footprint ORLADEYO now approved in more than 45 countries for patients 2 years and older

Negative

  • Not for acute HAE attacks; safety and effectiveness in treating acute attacks not established
  • QTc interval prolongation risk observed at doses higher than 150 mg once daily
  • Common adverse reactions ≥10% include abdominal pain, vomiting, diarrhea, back pain and GERD
  • Pediatric 2 to <12 with moderate/severe hepatic impairment should avoid ORLADEYO use
  • Drug interaction risks with P-gp inducers and CYP2D6/CYP3A4 substrates requiring avoidance or close monitoring
  • Safety and effectiveness unknown in patients younger than 2 years, with limited data in pregnancy and breastfeeding

News Explained

Although Japan has granted marketing approval for pediatric ORLADEYO, BioCryst says launch will follow completion of the Japanese National Health Insurance reimbursement-pricing process, leaving commercialization there pending that milestone.

Market Context

Recent BCRX news reactions ranged from -3.92% to +1.97%, adding a mixed company-specific benchmark t...
Analysis

Recent BCRX news reactions ranged from -3.92% to +1.97%, adding a mixed company-specific benchmark to this regulatory milestone. The approval expands access, while reimbursement completion and broader filings remain the main disclosed follow-up items.

Key Figures

Pediatric age range: 2 to <12 years Dosing frequency: once daily Trial participants: n=29 participants +5 more
8 metrics
Pediatric age range 2 to <12 years Japan marketing approval
Dosing frequency once daily ORLADEYO pediatric prophylaxis
Trial participants n=29 participants APeX-P study
SOC comparison period 12 weeks Before ORLADEYO initiation
ORLADEYO treatment period 48 weeks APeX-P study comparison
Countries approved More than 45 countries ORLADEYO global approvals
Japan approval milestone Second regulatory approval ORLADEYO in Japan
U.S. pediatric approval December 2025 ORLADEYO oral pellet formulation

Historical Context

5 past events · Latest: Aug 05 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 05 Q2 earnings report Positive +0.6% Revenue growth, profitability and maintained ORLADEYO guidance accompanied the quarterly report.
Jul 22 Earnings date notice Neutral +1.0% Scheduled Q2 results and conference call details were announced for August 5.
Jul 15 CSO appointment Positive -3.4% Appointment of the company's first Chief Scientific Officer preceded a negative price reaction.
Jul 02 Inducement grants Negative +2.0% Equity awards to nine employees were disclosed under Nasdaq listing rules.
Jun 29 Research strategy shift Negative -3.9% Internal discovery wind-down, facility closure and lower expense guidance accompanied the announcement.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history showed two aligned reactions and three divergences, including a negative reaction after the CSO appointment.

Key Terms

hae, pharmacokinetics, long-term prophylaxis, plasma kallikrein inhibitor, +2 more
6 terms
hae medical
"patients with hereditary angioedema (HAE) aged 2 to <12 years"
Hereditary angioedema (HAE) is a rare genetic disorder that causes sudden, severe swelling in tissues such as the face, throat, abdomen and limbs due to abnormal control of blood vessel leakage. It matters to investors because HAE treatments, which can be life‑saving and are often taken long‑term, represent a specialized drug market with high per‑patient revenue and regulatory, pricing and reimbursement risks similar to other rare‑disease therapies.
pharmacokinetics medical
"evaluating the pharmacokinetics, safety and efficacy of ORLADEYO"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
long-term prophylaxis medical
"largest trial of long-term prophylaxis (LTP) in pediatric patients"
Long-term prophylaxis is an ongoing preventive treatment given regularly to keep a disease or condition from occurring or worsening over months or years, like taking a daily medicine to prevent attacks. For investors, it signals a chronic-use market with predictable, recurring demand, potential for steady revenue, and different regulatory and pricing dynamics than one-time treatments—similar to a subscription service versus a single purchase.
plasma kallikrein inhibitor medical
"ORLADEYO is a plasma kallikrein inhibitor indicated for prophylaxis"
A plasma kallikrein inhibitor is a drug that blocks a specific blood protein (plasma kallikrein) involved in processes like swelling, inflammation, and leaking blood vessels; think of it as turning off a faucet that fuels sudden internal swelling. For investors, these drugs matter because their ability to prevent or treat conditions driven by that protein — and their safety, regulatory approval, and market alternatives — strongly affect potential sales, development costs, and competitive value.
qtc interval medical
"higher than the prescribed once-daily dose are not recommended due to QTc interval"
QTc interval is a measure of the time the heart’s electrical system takes to recharge between beats, adjusted for heart rate so the number is comparable across people. Like timing how long a flashlight needs to recharge before the next flash, it flags whether the heart may be vulnerable to dangerous rhythm problems; prolonged QTc readings are a common safety concern in drug testing and can lead to warnings, trial delays, or regulatory actions that matter to investors.
p-glycoprotein medical
"Berotralstat is a substrate of P-glycoprotein"
P-glycoprotein is a protein in cell membranes that works like a molecular bouncer, actively pumping certain drugs and chemicals out of cells and controlling how much of a medicine reaches organs such as the brain and gut. For investors, P-glycoprotein matters because it can reduce a drug's absorption, cause interactions with other medicines, or make cancers resistant to treatment, all of which affect a drug's effectiveness, dosing, safety profile and regulatory or commercial prospects.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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— Expands availability of the first and only oral prophylactic therapy for patients with HAE ages 2 to <12 years in Japan —

RESEARCH TRIANGLE PARK, N.C., Aug. 25, 2026 (GLOBE NEWSWIRE) -- BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) today announced that Japan’s Ministry of Health, Labor and Welfare (MHLW) has granted marketing approval for once-daily ORLADEYO® (berotralstat) for prophylactic therapy in pediatric patients with hereditary angioedema (HAE) aged 2 to <12 years.

“The approval of ORLADEYO for children in Japan marks an important step toward our goal of bringing a once-daily oral treatment to people living with HAE around the world,” said Charlie Gayer, President and Chief Executive Officer of BioCryst. “We’re proud to advance an oral prophylactic option in Japan that can help reduce treatment burden for children and provide greater convenience for families managing this lifelong disease.”

For children with HAE, treatment has traditionally required injections, creating additional burden for patients and caregivers. Developed with the unique administration needs of children in mind, the ORLADEYO granule formulation (known as pellet formulation in the U.S.) is sprinkle-like in appearance and size and can be poured directly into the mouth and swallowed immediately with water or milk, or sprinkled over a spoonful of soft, non-acidic food.

This approval is based on positive interim results from the APeX-P clinical trial, the largest trial of long-term prophylaxis (LTP) in pediatric patients with HAE, evaluating the pharmacokinetics, safety and efficacy of ORLADEYO in patients aged 2 to <12 years with HAE due to C1-inhibitor deficiency. Interim results from APeX-P presented at multiple allergy and immunology-focused congresses and published in the Annals of Allergy, Asthma & Immunology showed ORLADEYO was generally well tolerated, demonstrated a consistent safety profile across this age group, and resulted in early and sustained reductions in monthly attack rates with no new safety signals identified beyond those previously described in prior adult and adolescent trials. The most commonly reported treatment-emergent adverse event (TEAE) was nasopharyngitis.

BioCryst will launch ORLADEYO for children in Japan following completion of the Japanese National Health Insurance System (NHI) reimbursement pricing process. OrphanPacific, Inc. is BioCryst’s representative partner in Japan and holds the marketing authorization.

ORLADEYO is the first and only targeted oral prophylactic therapy for patients with HAE aged 2 and above. A capsule formulation of ORLADEYO received U.S. Food and Drug Administration (FDA) approval for prophylaxis to prevent HAE attacks in adult and pediatric patients 12 years and older in December 2020 and is now approved in more than 45 countries around the world. In December 2025, the oral pellet formulation of ORLADEYO (known as granule formulation in Japan) was approved by FDA for prophylactic therapy in pediatric patients in the U.S. with HAE aged 2 to <12 years.

Today’s milestone represents the second regulatory approval for ORLADEYO in Japan. The capsule formulation of ORLADEYO was approved in January 2021 by the MHLW in Japan for prophylactic treatment of HAE in adults and pediatric patients 12 years and older.

BioCryst has also filed its application for the use of ORLADEYO in patients with HAE aged 2 to <12 years with the European Medicines Agency and Health Canada. Additional regulatory filings are planned in other global territories.

Visit www.ORLADEYO.com for more information. 

About APeX-P
APeX-P is an ongoing, open-label study evaluating the pharmacokinetics, safety and efficacy of ORLADEYO in patients aged 2 to <12 years with HAE due to C1-inhibitor deficiency. Before ORLADEYO initiation, patients received SOC for 12 weeks. The rates of HAE attacks requiring on-demand treatment and number of attacks requiring professional care were compared between 12 weeks of SOC and 48 weeks of ORLADEYO treatment. Participants (n=29) were placed in one of four cohorts by body weight at baseline.

About ORLADEYO® (berotralstat)
ORLADEYO® (berotralstat) is the first and only oral therapy designed specifically to prevent attacks of hereditary angioedema (HAE) in adult and pediatric patients 2 years and older. One dose of ORLADEYO per day works to prevent HAE attacks by decreasing the activity of plasma kallikrein.

U.S. Indication and Important Safety Information

INDICATION
ORLADEYO® (berotralstat) is a plasma kallikrein inhibitor indicated for prophylaxis to prevent attacks of hereditary angioedema (HAE) in adults and pediatric patients 2 years and older.

Limitations of use
The safety and effectiveness of ORLADEYO for the treatment of acute HAE attacks have not been established. ORLADEYO should not be used for the treatment of acute HAE attacks. Additional doses or doses of ORLADEYO higher than the prescribed once-daily dose are not recommended due to the potential for QTc interval prolongation.

IMPORTANT SAFETY INFORMATION
An increase in QTc interval was observed in adults at dosages higher than 150 mg once daily and was concentration dependent.

The most common adverse reactions (≥10%) in patients receiving ORLADEYO were abdominal pain, vomiting, diarrhea, back pain and gastroesophageal reflux disease.

In adult and pediatric patients aged 12 years and older with moderate or severe hepatic impairment (Child-Pugh B or C), the recommended dosage of ORLADEYO capsules is 110 mg once daily with food. In pediatric patients aged 2 to <12 years with moderate or severe hepatic impairment (Child-Pugh B or C), avoid use of ORLADEYO.

Berotralstat is a substrate of P-glycoprotein (P-gp) and breast cancer resistance protein. P-gp inducers may decrease berotralstat plasma concentration, leading to reduced efficacy of ORLADEYO. Avoid concomitant use of P-gp inducers with ORLADEYO.

ORLADEYO at a dose of 150 mg is a moderate inhibitor of CYP2D6 and CYP3A4. Concomitant use of ORLADEYO with CYP2D6 or CYP3A4 substrates can increase exposure of the CYP2D6 or CYP3A4 substrates and may increase the risk of adverse reactions associated with the substrates. If ORLADEYO is concomitantly used with CYP2D6 or CYP3A4 substrates where minimal increases in the concentration of the substrates may lead to serious adverse reactions, closely monitor or modify the dosage of the CYP2D6 or CYP3A4 substrate.

The safety and effectiveness of ORLADEYO in pediatric patients <2 years of age have not been established.

There are insufficient data available to inform drug-related risks with ORLADEYO use in pregnancy. There are no data on the presence of berotralstat in human milk, its effects on the breastfed infant, or its effects on milk production.

To report SUSPECTED ADVERSE REACTIONS, contact BioCryst Pharmaceuticals, Inc. at 1-833-633-2279 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.

About BioCryst Pharmaceuticals
BioCryst is a global biotechnology company focused on developing and commercializing medicines for hereditary angioedema (“HAE”) and other rare diseases, driven by its deep commitment to improving the lives of people living with these conditions. BioCryst has commercialized ORLADEYO® (berotralstat), the first oral, once-daily plasma kallikrein inhibitor and is advancing a pipeline of potential first-in-class or best-in-class therapeutics for rare diseases. For more information, please visit www.biocryst.com or follow us on LinkedIn.

Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding BioCryst’s expectations relating to the use of ORLADEYO for pediatric patients with HAE aged 2 to <12 years, including with respect to regulatory filings, commercialization and potential benefits. These statements involve known and unknown risks, uncertainties and other factors which may cause BioCryst’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These statements reflect our current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Some of the factors that could affect the forward-looking statements contained herein include: BioCryst’s ability to successfully implement its commercialization plans for ORLADEYO, including the once-daily oral granule formulation; the commercial viability of ORLADEYO oral granules; interim results of a clinical trial do not necessarily predict final results; risks related to government actions, including that decisions and other actions related to pricing and reimbursement may not be taken when expected or at all, or that the outcomes of such decisions and other actions may not be in line with BioCryst’s current expectations; other applicable regulatory agencies may not approve ORLADEYO for use in pediatric patients with HAE aged 2 to <12 years within the timeframe expected, or at all, may ultimately determine that there are deficiencies in the development program or execution thereof, may require additional information or studies, may disagree with our safety and efficacy conclusions, may impose certain restrictions, warnings, or other requirements, may impose a clinical hold with respect to ORLADEYO, or may withhold or delay market approval for ORLADEYO; and once approved, the FDA, MHLW and other applicable regulatory agencies may withdraw market approval for ORLADEYO. This list is not exclusive. To see a more comprehensive list of risks, please refer to the documents BioCryst files periodically with the Securities and Exchange Commission, specifically BioCryst’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, which identify important factors that could cause actual results to differ materially from those contained in BioCryst’s forward-looking statements.

Contact:

Investors:
investorrelations@biocryst.com

Media:
media@biocryst.com


FAQ

What did Japan approve for BioCryst (BCRX) on August 25, 2026?

Japan’s MHLW approved once-daily ORLADEYO (berotralstat) for prophylactic treatment of hereditary angioedema in children aged 2 to <12 years. According to BioCryst, this pediatric approval uses a granule formulation and represents the second ORLADEYO indication granted in Japan.

Which pediatric HAE patients in Japan can receive ORLADEYO granules (BCRX)?

ORLADEYO granules are approved in Japan for prophylactic therapy in children aged 2 to <12 years with hereditary angioedema due to C1-inhibitor deficiency. According to BioCryst, this expands access to an oral once-daily option for younger patients previously reliant on injectable treatments.

What clinical trial supported the pediatric ORLADEYO approval for BioCryst (BCRX) in Japan?

The pediatric approval is based on interim results from the open-label APeX-P trial in patients aged 2 to <12 years. According to BioCryst, APeX-P showed ORLADEYO was generally well tolerated and produced early, sustained reductions in monthly hereditary angioedema attack rates.

How is ORLADEYO granule formulation administered to children with HAE in Japan?

ORLADEYO granules are sprinkle-like and can be poured directly into the mouth, then swallowed with water or milk. According to BioCryst, they may also be sprinkled over a spoonful of soft, non-acidic food, addressing administration needs of young pediatric patients.

What are the main side effects and safety warnings for ORLADEYO (BCRX)?

Common adverse reactions include abdominal pain, vomiting, diarrhea, back pain and gastroesophageal reflux disease. According to BioCryst, higher-than-recommended doses were associated with QTc interval increases, and the drug interacts with P-gp inducers and CYP2D6/CYP3A4 substrates, requiring avoidance or careful monitoring.

Is ORLADEYO (BCRX) approved to treat acute HAE attacks?

ORLADEYO is not approved for the treatment of acute hereditary angioedema attacks. According to BioCryst, its indication is prophylaxis to prevent HAE attacks in adults and pediatric patients 2 years and older, and additional or higher daily doses are not recommended.

In which age groups and regions is ORLADEYO (BCRX) currently approved?

ORLADEYO capsules are approved in the U.S. and Japan for prophylaxis in adults and patients 12 years and older. According to BioCryst, oral pellet or granule formulations are approved for children 2 to <12 years, and the drug is authorized in more than 45 countries worldwide.