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Stock impact report

BioCryst Pharma +9%, Idera Pharma -6% as merger terminated [Seeking Alpha]

BioCryst Pharmaceuticals, Inc. (BCRX) 
Last biocryst pharmaceuticals, inc. earnings: 3/5 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: biocryst.gcs-web.com/investor-relations
Company Research Source: Seeking Alpha
BioCryst Pharma +9%, Idera Pharma -6% as merger terminatedBioCryst Pharmaceuticals (NASDAQ:BCRX)+9.1% after-hours but Idera Pharmaceuticals (NASDAQ:IDRA)-6.5% after BioCryst shareholdersvoted against a proposed merger of the two companies; a majority of IDRA stockholders voted in favor of the agreement."The BioCryst board and management team remain confident in BCX-7353 and our ability to execute on our plan and advance our programs," BCRX says in announcing the termination of the merger deal.BCRX willreimburse IDRA for $6M in transaction-related expenses as a result of nixing the deal.See all stocks on the move »Now read:Idera Stock Has Declined Since Failure Of Phase 2 Trial In Rare Disease, But That Wasn't The Golden Ticket Indication »Subscribefor full text news in your inbox Show less Read more
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