Bicycle Therapeutics and Biogen spinoff Bioverativ have teamed up to develop novel treatments for hemophilia and sickle cell disease under a multi-million-dollar discovery and development agreement.
Bicycle Therapeutics Ltd. has signed a deal with US biotech Bioverativ Inc., a spinout from Biogen Inc., worth more than $420m in upfront and milestone payments; the pair will develop and commercialize innovative therapies for hemophilia and sickle cell disease.
Through the collaboration the companies will identify and develop so-called "Bicycles" to treat rare blood disorders. Bicycles are a new...
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