Bicycle Therapeutics plc (BCYC) Research

Bicycle Therapeutics plc, founded in 2009 and based in Cambridge, UK, is a clinical-stage biopharmaceutical company. Its core mission is to create innovative therapeutic classes for diseases currently lacking effective treatments. The company's leading investigational product, BT1718, is a Bicycle Toxin Conjugate (BTC) that is undergoing Phase I/IIa clinical trials. This candidate is engineered to target tumors specifically expressing Membrane Type 1 matrix metalloprotease. Other oncology assets in their pipeline include BT5528, also a BTC in Phase I/II studies, which targets EphA2, and BT8009, currently in Phase I/II clinical development, designed to target Nectin-4. Beyond cancer, Bicycle Therapeutics is advancing THR-149, a plasma kallikrein inhibitor that has completed Phase II clinical trials for the treatment of diabetic macular edema. Their portfolio also includes Bicycle tumor-targeted immune cell agonists (TICAs) such as BT7480, which targets Nectin-4, and BT7455, an EphA2/CD137 TICA presently in preclinical development. The company actively fosters collaborations with various biopharmaceutical entities and organizations, broadening its development efforts into therapeutic areas like anti-infectives, cardiovascular conditions, ophthalmology, and respiratory illnesses. Notable partnerships include a clinical trial and license agreement with Cancer Research Technology Limited and Cancer Research UK. They also maintain research collaborations with AstraZeneca, Sanofi, Oxurion, and the Dementia Discovery Fund. Furthermore, a significant discovery collaboration and license agreement with Genentech is in place for the identification and development of Bicycle peptides for multiple immuno-oncology targets.

Market snapshot

Symbol
BCYC
Price
$4.00
Day change
-0.99%
Market cap
$277.6M
P/E ratio
-1.27x
52-week range
3.95-9.183
Sector
Healthcare
Industry
Biotechnology
Next earnings
in 2 months
Analyst price target
$10.67

Peer companies

  • ADC Therapeutics S.A. (ADCT)
  • Compass Therapeutics, Inc. (CMPX)
  • 4D Molecular Therapeutics, Inc. (FDMT)
  • Fulcrum Therapeutics, Inc. (FULC)
  • KalVista Pharmaceuticals, Inc. (KALV)
  • Lexicon Pharmaceuticals, Inc. (LXRX)
  • Neumora Therapeutics, Inc. Common Stock (NMRA)
  • Omeros Corporation (OMER)

Recent insider activity

  • Hannay Michael Charles Ferguson — S-Sale (1521 shares) on 2026-04-02
  • Hannay Michael Charles Ferguson — S-Sale (251 shares) on 2026-04-06
  • Thompson Travis Alvin — S-Sale (799 shares) on 2026-04-02
  • Thompson Travis Alvin — S-Sale (102 shares) on 2026-04-06
  • Perry Jennifer Scott — S-Sale (1038 shares) on 2026-04-02

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