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Home›Companies›Bicycle Therapeutics
B

Bicycle Therapeutics

Bicycle Precision Guided Therapeutics
Cambridge, United Kingdom Biotech 400 employees Founded 2009 BCYC bicycletherapeutics.com ↗
5 Products & services
400 Employees

About Bicycle Therapeutics

Bicycle Therapeutics is a Cambridge-based biotech pioneering bicyclic peptide (Bicycle) therapeutics for oncology and other diseases.

Sector
Biotech
Headquarters
Cambridge, United Kingdom
Founded
2009
Employees
400

Milestones

Milestones as listed on bicycletherapeutics.com, checked 26 Sep 2026. Details can change; the linked page is the authoritative source.

2009
Bicycle Therapeutics founded
To develop bicyclic peptide medicines based on Sir Greg Winter's research.
Source: bicycletherapeutics.com

Leadership Team

Leadership as listed on bicycletherapeutics.com, checked 26 Sep 2026. Details can change; the linked page is the authoritative source.

Kevin Lee, Ph.D., MBA

Chief Executive Officer and Director
Source: bicycletherapeutics.com

Travis Thompson

Chief Financial Officer
Source: bicycletherapeutics.com

Michael Skynner, Ph.D.

Chief Scientific Officer
Source: bicycletherapeutics.com

Michael Method, M.D., MPH, MBA

Chief Medical Officer
Source: bicycletherapeutics.com

Jennifer Perry, Pharm.D.

Chief Operating Officer
Source: bicycletherapeutics.com

Alistair Milnes

Chief Corporate Development Officer
Source: bicycletherapeutics.com

Products & Services

Products and services as listed on bicycletherapeutics.com, checked 26 Sep 2026. Details can change; the linked page is the authoritative source.

All Platform Oncology candidate Radioligand candidate
Platform

Bicycle Drug Conjugates

Bicycle molecule, cleavable linker and small-molecule payload aimed at tumour antigens.

Source: bicycletherapeutics.com
Platform

Bicycle Radioligands

Bicycle molecule with linker-chelator carrying a therapeutic or imaging radioisotope.

Source: bicycletherapeutics.com
Oncology candidate

nuzefatide pevedotin (BT5528)

EphA2-targeting drug conjugate in a Phase II trial in metastatic pancreatic cancer.

Source: bicycletherapeutics.com
Oncology candidate

zelenectide pevedotin (BT8009)

Nectin-4-targeting drug conjugate studied in metastatic urothelial cancer; site says the program has been deprioritised.

Source: bicycletherapeutics.com
Radioligand candidate

BT1702

MT1-MMP-targeting radioligand using lead-212; first company-sponsored trial planned for 2027.

Source: bicycletherapeutics.com

Financials & Irish Entities

From the annual reports Bicycle Therapeutics plc files with the US Securities and Exchange Commission (10-K, US GAAP), in USD as reported. Latest financial year: to Dec 2025.

$72.6mRevenue
$240mR&D expense
331.0%R&D as % of revenue
−$219mNet income (-301.7% margin)
Revenue and R&D expense, USD m$0.0m$100m$200m$300mDec 2021Dec 2022Dec 2023Dec 2024Dec 2025Dec 2021: $12m (Revenue)Dec 2022: $14m (Revenue)Dec 2023: $27m (Revenue)Dec 2024: $35m (Revenue)Dec 2025: $73m (Revenue)RevenueDec 2021: $45m (R&D expense)Dec 2022: $82m (R&D expense)Dec 2023: $157m (R&D expense)Dec 2024: $173m (R&D expense)Dec 2025: $240m (R&D expense)R&D expense
RevenueR&D expense
Year toRevenueR&DR&D %Net incomeFiling
Dec 2025$72.6m$240m331.0%−$219m10-K 2026
Dec 2024$35.3m$173m490.3%−$169m10-K 2026
Dec 2023$27.0m$156m580.1%−$181m10-K 2026
Dec 2022$14.5m$81.6m564.3%−$113m10-K 2025
Dec 2021$11.7m$44.9m383.7%−$66.8m10-K 2024

Each year is taken from the most recent annual report that includes it, so earlier years reflect any later restatement. Source: SEC EDGAR (XBRL financial data). Compare companies on the pharma company financials register.

In the News

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Research Publications

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FDA Recalls (US)

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