13G Filing: James E. Flynn and Biocryst Pharmaceuticals Inc (BCRX)

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Page 9 of 14 – SEC Filing

CUSIP No. 09058V103 13G Page 9
of 11 Pages
(j) A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance
with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _________________

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned**:

Deerfield
Mgmt, L.P. – 5,478,719 shares

Deerfield Management
Company, L.P. – 5,478,719 shares

Deerfield Partners,
L.P. – 2,242,977 shares

Deerfield International
Master Fund, L.P. – 2,860,732 shares

Deerfield
Special Situations Fund, L.P.
375,010 shares

James E. Flynn – 5,478,719
shares

(b) Percent of class**:

Deerfield
Mgmt, L.P. – 6.81%

Deerfield Management
Company, L.P. – 6.81%

Deerfield Partners,
L.P. – 2.79%

Deerfield International
Master Fund, L.P. – 3.56%

Deerfield
Special Situations Fund, L.P.
0.47%

James E. Flynn – 6.81%

(c) Number of shares as to which such person has**:
(i) Sole power to vote or to direct the vote: All Reporting Persons 0
(ii) Shared power to vote or to direct the vote:

Deerfield Mgmt, L.P.
– 5,478,719

Deerfield Management
Company, L.P. – 5,478,719

Deerfield Partners,
L.P. – 2,242,977

Deerfield International
Master Fund, L.P. – 2,860,732

Deerfield
Special Situations Fund, L.P.
375,010

James E. Flynn – 5,478,719

(iii)

Sole power to dispose or to direct the disposition of:

All Reporting Persons – 0
(iv)

Shared power to dispose or to direct the disposition
of:

Deerfield Mgmt, L.P.
– 5,478,719

Deerfield Management
Company, L.P. – 5,478,719

Deerfield Partners,
L.P. – 2,242,977

Deerfield International
Master Fund, L.P. – 2,860,732

Deerfield
Special Situations Fund, L.P.
375,010

James E. Flynn – 5,478,719

**See footnotes on cover pages which are incorporated by reference
herein.

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