BIOCRYST TO RELEASE SECOND QUARTER FINANCIAL RESULTS ON JULY 24, 2002

July 18, 2002
BIOCRYST TO RELEASE SECOND QUARTER FINANCIAL RESULTS ON JULY 24, 2002 Birmingham, Alabama – July 18, 2002 – BioCryst Pharmaceuticals, Inc. (Nasdaq NM: BCRX) will release its financial results for the second quarter 2002, before the market opens on Wednesday, July 24, 2002. The Company will also sponsor a conference call at 10:00 a.m. EDT. Interested investors can listen to the call live over the Internet from the investor relations website at www.biocryst.com or by dialing 1-800-289-0485, and providing the passcode number 508175.

What:
BioCryst Pharmaceuticals, Inc. Second Quarter Financial Results Conference Call

When:
Wednesday, July 24, 2002, 10:00 a.m., EDT

Where:
http://www.firstcallevents.com/service/ajwz362906692gf12.html

How:
Live over the Internet -- Simply log on to the web at the address above, or Live conference call -- Dial 1-800-289-0485, passcode 508175.

Founded in 1986, BioCryst Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development of pharmaceuticals for the treatment of antiviral, inflammatory/autoimmune and cardiovascular diseases and disorders.

For those unable to listen at the designated time, the webcast will remain available for replay over BioCryst's investor relations website until August 14, 2002. A conference call replay will also be available from approximately 12:30 p.m. EDT on Wednesday, July 24, 2002 through midnight Friday, July 26, 2002 by dialing 1-888-203-1112 and entering passcode 508175.