Bioverativ, Bicycle sign peptide pact | September 11, 2017 Issue - Vol. 95 Issue 36 | Chemical & Engineering News
Volume 95 Issue 36 | p. 13 | Concentrates
Issue Date: September 11, 2017

Bioverativ, Bicycle sign peptide pact

Department: Business
Keywords: Drug discovery, peptides, hemophilia

Bioverativ and Bicycle Therapeutics will work together to develop treatments for hemophilia and sickle cell disease. Under the pact, Bicycle scores $10 million up front and $4 million in research funding from Bioverativ, a blood disorder company that was spun off of Biogen earlier this year. Bicycle will develop chemically constrained peptides, which combine the target specificity of an antibody with the tissue penetration of a small molecule, through lead optimization. Bioverativ will handle preclinical and clinical studies.

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