Bicycle Therapeutics

Bicycle Therapeutics

BCYC
United Kingdom

Bicycle Therapeutics aims to become a world-leading solid tumor medicines company by leveraging its proprietary Bicycle® platform to create precision-guided therapeutics. Its core technology enables the rapid discovery and development of constrained peptides with high affinity and selectivity for challenging targets. The company is progressing multiple clinical-stage oncology assets and has established creative collaborative relationships to expand its technology into anti-infective, cardiovascular, and CNS diseases.

BCYC · Stock Price

USD 4.504.23 (-48.45%)
Market Cap: $226.2M

Historical price data

AI Company Overview

Bicycle Therapeutics aims to become a world-leading solid tumor medicines company by leveraging its proprietary Bicycle® platform to create precision-guided therapeutics. Its core technology enables the rapid discovery and development of constrained peptides with high affinity and selectivity for challenging targets. The company is progressing multiple clinical-stage oncology assets and has established creative collaborative relationships to expand its technology into anti-infective, cardiovascular, and CNS diseases.

OncologyAnti-infectiveCardiovascularOphthalmologyDementiaCentral Nervous SystemNeuromuscularRespiratory

Technology Platform

Proprietary Bicycle® platform for discovering and developing fully synthetic, constrained peptides that combine the pharmacology of antibodies with the pharmacokinetic properties of small molecules.

Pipeline

1
1 drug in pipeline
DrugIndicationStageWatch
BT1718Advanced Solid TumoursPhase 1/2

Funding History

4
Total raised:$244M
PIPE$100MFeb 15, 2021
IPO$60MMay 23, 2019
Series B$52MMay 15, 2016
Series A$32MJan 15, 2014

Opportunities

The core opportunity lies in validating the Bicycle platform in oncology, which could unlock its application across a wide range of hard-to-drug targets in other therapeutic areas.
Strategic collaborations provide non-dilutive funding and de-risked paths to explore new indications.
The platform's speed and modularity allow for rapid generation of new candidates against emerging targets.

Risk Factors

Primary risks include clinical failure of lead assets, which would challenge platform validation.
The company operates in the highly competitive and costly oncology space.
As a pre-revenue entity, it remains dependent on capital markets and partnership deals to fund operations, exposing it to financing risks.

Competitive Landscape

Bicycle competes with ADC developers (e.g., AstraZeneca/Daiichi Sankyo) and other peptide therapeutics companies (e.g., PeptiDream). Its key differentiation is the small size, rapid tissue penetration, and tunable pharmacokinetics of its molecules, potentially offering advantages in targeting solid tumors and creating novel multi-specific therapeutics.