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Bicycle Therapeutics plc
↗Cambridge, United Kingdom
Bicycle Therapeutics is a clinical-stage biopharmaceutical company pioneering a novel class of medicines called 'Bicycles'—fully synthetic, short peptides constrained to form two loops. This unique structural geometry allows for high affinity and selectivity, combining the pharmacological properties of biologics with the manufacturing and pharmacokinetic advantages of small molecules. The company focuses on oncology, particularly solid tumors, and is expanding into radiopharmaceuticals.
Headquartered in Cambridge, UK, with a significant operational presence in Lexington, Massachusetts, the company operates as a transatlantic entity. It is currently in a strategic transition, narrowing its pipeline to focus on next-generation therapeutics, including Bicycle Drug Conjugates (BDCs) and Bicycle Radioconjugates (BRCs), following a strategic reprioritization in early 2026.
CLASSIFICATION
SIZE & FINANCIALS
Employees:201-500
Revenue:$50M-$100M
Founded:2009
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
STOCK
Exchange:NASDAQ
Ticker:BCYC
Market Cap:$0.33B
PIPELINE
Stage:Phase 2
Lead Drug Stage:Phase 2
Modalities:Bicyclic peptides, Bicycle Drug Conjugates (BDCs), Bicycle Radioconjugates (BRCs)
Trial Phases:Phase 2: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:BicycleTx Limited, BicycleRD Limited, Bicycle Therapeutics Inc.
Key Partnerships:AstraZeneca, Genentech, Novartis, Bayer, United Kingdom Nuclear Decommissioning Authority, SpectronRx
COMPETITION
Position:Emerging
Competitors:ADC Therapeutics, ImmunoGen
LEADERSHIP
Key Executives:
Kevin Lee - CEO
Travis Thompson - CFO
Scientific Founders:Sir Greg Winter, Professor Christian Heinis
LINKS
Website:bicycletx.com
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